After London’s mayor announced that he will start a campaign for UK to leave the Euro Zone the plunged and I see no reason why it would stop. On the weekly chart I see a potential double wave duplication meaning that we should be looking for sell opportunities. Here is my plan to join:
Technical Analysis
W1 – potential double wave duplication
H4 – trend line, double wave correction expected
Sell Setup:
Look for double wave up near the trend line on the H4 chart where we should be looking to sell. Once the price is close to the levels we want it to, look for divergence, false breaks and uptrend line break for conservative entries.
Video Explanation:
Yours,
Vladimir
