Telson
Short

EURGBP Rising wedge formation & RSI Divergence

FX:EURGBP   Euro / British Pound
Monitoring the EURGBP pair we have identified an RSI divergence on the Hourly chart.

We anticipate to see a retest of the 0.84260's level after the false break out (see market conditions) followed by a break-out of the rising wedge formation with even bigger profits.

Profits and stop losses are set according to previous structure supports with the latter being fair to balance our RRR .

Since we all sometimes live in our own bubble, all feedback and comments are highly appreciated.
Comment: Same indications on Daily chart too

Trade closed: stop reached
The above idea is invalid since the SL set (and shown) where hit pretty fast.

Too bad...we can't have all so,let's go for the next one. :)
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