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    MarcinO
    Rep: 67
    Posts: 5,506
    0
    I will start with my next levels for the Pound: 1.4320, 1.4250, 1.4180 and 1.4100-20.
    MA
    MarcinO
    Rep: 67
    Posts: 5,506
    0
    Volume spike into 67-68. But no signs of weakness so far.
    MA
    MarcinO
    Rep: 67
    Posts: 5,506
    0
    Is it done now?
    RA
    rat89
    Rep: 0
    Posts: 7,015
    0
    one way to look at it is that both lows came off the .886 for a bull flag set up.....another way is that it's a bear abcd test and retest....
    Click image for original size
    screen shot 2016 05 16 at 3 16 28 pm png
    MA
    MarcinO
    Rep: 67
    Posts: 5,506
    0
    I favor bearish 4PT. Do you remeber that guy yelling 'die pig, die!'?
    MA
    MarcinO
    Rep: 67
    Posts: 5,506
    0
    5 points drop so far.
    RA
    rat89
    Rep: 0
    Posts: 7,015
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    price stopped dead on at the .382??? bear abcd here?
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    screen shot 2016 05 16 at 3 34 34 pm png
    RA
    rat89
    Rep: 0
    Posts: 7,015
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    qqq daily and 60. Price rose today into a key area where:

    115.06 - 94.56 = .618 at 107.23
    111.44 - 104.40 = .382 at 107.09

    Click image for original size
    screen shot 2016 05 16 at 8 10 33 pm png

    Click image for original size
    screen shot 2016 05 16 at 8 12 12 pm png
    MA
    MarcinO
    Rep: 67
    Posts: 5,506
    0
    Pound exploded overnight along with the Aussie.
    My next levels are 1.4590 and 1.4680-90. Minor area at 1.4620.

    Click image for original size
    6b 2016 05 17 png
    1
    MA
    MarcinO
    Rep: 67
    Posts: 5,506
    0
    And they dropped it on data release.
    MA
    MarcinO
    Rep: 67
    Posts: 5,506
    0
    1.4475 is a nice support for the Cable. We will see...
    RA
    rat89
    Rep: 0
    Posts: 7,015
    0
    Click image for original size
    screen shot 2016 05 20 at 11 46 03 am png