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MarcinO
Rep: 67
Posts: 5,506
On Friday Pound stopped right on a monster level, so the move up might be done, at least for a while. However, it likes deep W4s testing W2 highs (in a downtrend), so one more impulse to 1.4260-70 won't be any surprise.

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6b 2016 04 17 png
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jimkane
Rep: 3,058
Posts: 33,089
Watch the upsloping TL now.
RA
rat89
Rep: 0
Posts: 7,015
long live the sheep!

Originally posted by jimkane

Oink? Oink, oink?
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jimkane
Rep: 3,058
Posts: 33,089
Well, that's what I am trying to see. A little bedrest, or something fatal?


Originally posted by rat89

one of them caught a cold?
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jimkane
Rep: 3,058
Posts: 33,089
Sheep don't go oink!


Originally posted by rat89

long live the sheep!

Originally posted by jimkane

Oink? Oink, oink?

JI
jimkane
Rep: 3,058
Posts: 33,089
As soon as it penetrates that upsloping TL it stops going down (for now). Oh, these algos...
JI
jimkane
Rep: 3,058
Posts: 33,089
There is a very ill oinker over here.
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jimkane
Rep: 3,058
Posts: 33,089
Will the phunny munny manipulators administer some antibiotics, like they usually do? Save the oinker piggy?
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jimkane
Rep: 3,058
Posts: 33,089
This is set up to be a monster flat 'W2' bullish ABCD to really launch this. I'm hoping that doesn't unfold, and the higher 'context' is sufficient in here.
RA
rat89
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Posts: 7,015
Click image for original size
screen shot 2016 04 19 at 11 27 06 am png
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jimkane
Rep: 3,058
Posts: 33,089
In case it is not clear, I am totally short side bias very-short-term, but very wary.
JA
JaLee
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Posts: 103
It's been a wonderful week for me. I want to thank everybody for their comments and charts and I'm really happy to be included here. This is a breath of fresh air to be with a group like this. Thanks to all for putting up with my "newbie" questions and learning process. Hopefully I can climb the learning curve and be up on the slope where you all are! Everybody have a great weekend and will see you on Monday!