Well we  had the lower low and then the lower high on the daily chart, if you missed the lower high then  you can take the second chance trade ???. Price came of the 61.8  fib retracement on Friday 11th march . We also have a divergence with price and daily stochastic so this is one to watch. (Price is falling and stochastic is rising)

EURGBP Daily 14th march 16

So if you going to wait for the price to rise wait for the 4 hr stochastic to be over brought and the has crossed down and has drop below the 75% line then take the shot.

EURGBP 4hr chart 14th March 16

One thought on “EUR/GBP Trade Plan 14th March 16”

  1. Tyler Lund says:

    Thanks Paul. Good work

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