MyPivots
Sign In
MA
MarcinO
Rep: 67
Posts: 5,506
Starting it off.
ES is breaking out of range. First resistance, on daily TF, around 2230.
MA
MarcinO
Rep: 67
Posts: 5,506
51-52 and up again?

Click image for original size
es 2016 08 04 51 52 png
MA
MarcinO
Rep: 67
Posts: 5,506
Cable is moving sideways, waiting for interest rate decision. My guess is that we will soon see not only 1.44 but also 1.4450-75 which is a monster daily area.
Alternative scenario is a bearish correction to 1.3350 and one more leg down.


Click image for original size
6b 2016 08 04 png
MA
MarcinO
Rep: 67
Posts: 5,506
Cable just below 1.3350 zone (55 is the core level).
I would love to see it dropped down to 1.3240 from here.
MA
MarcinO
Rep: 67
Posts: 5,506
High of the move at 52 and it looks done.
MA
MarcinO
Rep: 67
Posts: 5,506
1.3320 and 1.33 are supports that needs to be observed carefully.
MA
MarcinO
Rep: 67
Posts: 5,506
20 gave nice reaction. Time for next leg down on M1?
MA
MarcinO
Rep: 67
Posts: 5,506
Sell-off before IR decision?
MA
MarcinO
Rep: 67
Posts: 5,506
150 pips drop in just a few seconds!
MA
MarcinO
Rep: 67
Posts: 5,506
They are keep on selling. My next levels are 1.3110 and 1.2990.
MA
MarcinO
Rep: 67
Posts: 5,506
1.3110 region hit. Will they make it to 1.30?


Click image for original size
6b 2016 08 04 2 png
MA
MarcinO
Rep: 67
Posts: 5,506
Rising again. 81.50 and 86 are my next levels.