Weekly Pattern Walls

Though this post should be wall due to time constrain I thought to post my Technical Play


EURUSD:
RSI for 8 hrs chart shows in middle, but Channels in upper chart shows that its a BUY low window; there will be UP trend to follow. First stop 1.4480 next will be 1.4520 unless some thing really bad happens with Italy/ Spain/ Greece/ Portugal/France economies. In that case we will be looking at 1.4070 to 1.3950 region. My recommendation is UP Trend.

GBPUSD:
RSI for 8 hrs chart shows in 19ish region; take LONGs on flash dips we are going to see 100-200 pips UP trend very soon.


To add support to my theory thought to attach some proof from other analysis..