Hi Everybody,As the problems for the Euro hit the news after the debt problems in Greece, the Euro has been declining sharply.... BUT, and here is the good news for all MTPredictor users, the high was right at DP resistance, so a short trade was available to take advantage of this sharp fall...........
Let’s take a closer look.................. First let’s start with the “larger degree trend” on the 4hr EURGBP Chart. As you can see, this high was at DP resistance. In fact this was the DP target area from our previous long trade.... so you all should have been fully aware of this level !
So now let’s move down to the 1hr chart........
Thanks, Steve
