MyPivots
Sign In
    MA
    MarcinO
    Rep: 67
    Posts: 5,506
    0
    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.

    Click image for original size
    6b 2016 04 17 png
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
    0
    C'mon, ES. Die, you oinker.
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
    0
    The ES is acting done... Darn it.
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
    0
    I hope they are trying to make it look that way to trap some people before they crush it.
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
    0
    Wishful thinking.
    MA
    MarcinO
    Rep: 67
    Posts: 5,506
    0
    Why that level is important for the Pound:

    Click image for original size
    6b 2016 04 21 2 png
    RA
    rat89
    Rep: 0
    Posts: 7,015
    0
    what lies below, lies above....symmetry in slv
    Click image for original size
    screen shot 2016 04 21 at 10 16 24 am png
    RA
    rat89
    Rep: 0
    Posts: 7,015
    0
    Click image for original size
    screen shot 2016 04 21 at 10 02 24 am png
    MA
    MarcinO
    Rep: 67
    Posts: 5,506
    0
    (Edited )
    Cable looking weak again. 50 pips down soon?
    RA
    rat89
    Rep: 0
    Posts: 7,015
    0
    ???
    Click image for original size
    screen shot 2016 04 21 at 10 44 11 am png

    Click image for original size
    screen shot 2016 04 21 at 10 48 11 am png
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
    0
    Just another dip to buy there.
    JA
    JaLee
    Rep: 0
    Posts: 103
    0
    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!