How to profit from FX Markets by 
Signs of a reversal on price action mentioned on an earlier post didn’t work out as I expected and players are pushing prices even higher in order to blow away short sellers stop’s.
Eur/gbp has reached 0,9195 and is now holding 0,9155 support. A strong rebound on cable is needed for euro to retrace to 0,9080 support.
Bearish divergence on the 4 hour chart and RSI extremely overbought on the daily chart.
César B.Leiceaga
DEAR CESAR
As i mentioned 1 week ago our shortterm target in euro 1.4840(by 2pips dif) reached and we have correction about 1.46 and we have another push higher to 1.4840 .but in gbp we have strong downtrend,so eur/gbp is in uptrend.
best regard
Dear A.Soltani,
You were right with your forecasts, cable is facing critical support levels that if broken could push e/g even higher, but don’t forget that this is what players want. Stop out small traders and then begin a big downward move. Indicators are at it’s extremes and sooner or later the correction will come. Just remember that is my personal point of view.
Thanks again for your comments.
Best Regards