Categories: Technical Analysis

Last bullish push?

Hi friends,

Last calls turned to work very nice, the GBPNZD which came very close to 1.93 area, the JPY pairs that made the first wave down and reached first supports/targets.

Is that the time of the EURGBP to create new high?

Looking on daily and 4H charts, I really think it’s possible.

Here is the 4H chart (Click to enlarge):

The break above the small trend line could lead a rise up to 0.8380 or so, and maybe even above 0.84. The only thing to pay attention to is the potential 4H divergence, that in case of being completed will send us a sign to get out.

So enjoy this potential move up and enjoy forex trading as always 🙂

And now for wonderful news!!!

My first book is ready and now is on Amazon! I am very excited because of that! I invite you to visit the site and check that. Please Click Here to watch that.

I wish you wonderful evening

Yours

Vladimir Ribakov
http://www.divergenceuniversity.com/

Vladimir Ribakov

Following 11+ years of trading experience, trading my own accounts as well as for hedge funds and brokerages, I have decided to fulfill my destiny and to personally mentor Forex and Commodities traders. When I released the “Broker Nightmare” (software that hides trades from brokers) 8 years ago, I found an overwhelming number of frustrated people who genuinely wanted to learn how to trade the Forex market, but instead found themselves scammed and misled. Over the years I have also release other trading systems based on my trading strategies, and met a lot of people on my worldwide Forex seminars. We’ve formed a close Forex community and we meet once or twice a year in various locations in Europe.

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