( 2 pos in progress) week38 EURSGD H4T 1234 with macd divergence hns rs testing R

D1 big picture

Looking at day chart, EURSGD easily trending for past 10-15 weeks. Shall not try to call a bottom here. Instead , trend, trend ,trend

week38 EURSGD d1 h4t 170914

h1 moveability

there is a 1234 setup already WR 3 days high
f6 of recent downflow
R of d1 line chart , AUG low
Hns forming with right shoulder testing this R confluence
macd divergence,
however within a not so nice of channel.

week38 EURSGD h1 1234 macd divergence 170914

Likely that this can only be conclusive when EUR LTRO n GBP referendum is done.


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