27.11 – 2009,
Without waves or so much harmony either for a while I have to confess daily and 240 min charts won´t look healty in here anymore with RSI. We have now bearish divergences and that comes from far away. Gbp-Usd has knocked head to the 2008 financial crisis 50% retracement level and failed to breake. Eur-Usd won´t show such a bearish divergence yet so dramatically. There´s bearish butterfly in the Gbp-Usd, in fact I think this is the best place where this pattern works well > when it starts from potential W4 bottom and ends for W5.
