I think the Pound is heading towards 1.3380-1.34, but it will need a correction.
My favorite area is at 1.3240-50, but I am also considering 1.3275 and 1.3190.
MA
MarcinO
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Yes, rat, this one is a tough call, so one needs to be ready to cover short position on any sign of strength,
MA
MarcinO
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Cable has just hit previous high, but is still in 1.3380-1.34 area. Some more confirmation and time to go short.
MA
MarcinO
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Cable is falling. Low 30's is a serious support, but 1.3370 should be also taken into account.
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MarcinO
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LOD at 1.3334.
Originally posted by MarcinO
Cable is falling. Low 30's is a serious support, but 1.3370 should be also taken into account.
MA
MarcinO
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Nice stuff, Duane.
I will place clean charts for the Pound tomorrow. It looks overextended and weak, so my next levels down are 1.3300-10, 1.3260 and 1.3230.
I will place clean charts for the Pound tomorrow. It looks overextended and weak, so my next levels down are 1.3300-10, 1.3260 and 1.3230.
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MarcinO
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1.3345-50 is my PTA for a short play in the Pound. We will see soon if it respects that level.
RA
rat89
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within major [3], minor 1 ended at 28.70. Minor 2 targets 50-62% retrace at 26.94 - 26.52. Once minor 2 is over, minor 3 should get under way, and that's the sweet spot - 3 of [3] - an impulse wave within an impulse wave
Originally posted by Duane
Nice ABCD forming on XAU hourly, thanks for this one!! Great trade.
Originally posted by rat89








