Supposed timing pattern lines up with geometries. But if the Pound fails to reach my area until American open, I will be eager to consider lower resistance areas.
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MarcinO
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86-87?
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MarcinO
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Cable and ES in their zones now.
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MarcinO
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ABCD to 78 ?
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rat89
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good morning marcin....something like that
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rat89
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MarcinO
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88.50 backtest might have been it. 10 points down?
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MarcinO
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Morning, rat. We are wthinking about the same area more or less, but I assume they want to hit the previous low a bit, before a reversal.
We will see.
Not seeing the expected follow through on the scalp. Sometimes patience is needed. I'd like to see this moving more in here, though. There isn't time to sit through a shakeout, and one shouldn't be needed if they want to close it on the high tick of the day.
