EURGBP - Warning - Possible Plutus Revesal Short coming up
- Panagiotis Diamantopoulos
- Jul 30, 2020
- 1 min read
Based on Previous post continuation: https://www.tradethevolumewaves.com/post/eurgbp-forecast-correct-that-weakness-work-out-nice-45-pips.
I added one more order, previous still running visible on chart. I will explain why on later post unless someone would like to explain for me.
Excellent.
1.we broke down the weekely(pivot) then went back to test it.
2.Market rallied again for a retest and failed to break up.
3.(plus) the weekely pivot coincided with the 200EMA
all this in hindsight though.......ithink this was enough confluence for a short trade before and after the plutus reversal