MA
MarcinO
Rep: 67
Posts: 5,506
After 150 pips down today Cable still looks weak. My next serious level is 100 pips lower, at 1.31.
MA
MarcinO
Rep: 67
Posts: 5,506
And it's falling again. 1.3160 and 30 are minor supports but 1.31 is what they really want, I guess.
RA
rat89
Rep: 0
Posts: 7,015
spy 60 – it’s worth noting that IF major [4] ended yesterday, then this could be a minor 2 rt to the range shown in the blue box, where:
212.31 – 216.81 = .786 at 213.37
212.31 – 216.81 = .886 at 212.82
Below that,
212.31 – 216.81 = 1.128 at 211.73, right where
198.68 – 219.60 = .382 at 211.60
212.31 – 216.81 = .786 at 213.37
212.31 – 216.81 = .886 at 212.82
Below that,
212.31 – 216.81 = 1.128 at 211.73, right where
198.68 – 219.60 = .382 at 211.60
Click image for original size
MA
MarcinO
Rep: 67
Posts: 5,506
It went higher. 13250 might be what Cable needs before another leg down.
MA
MarcinO
Rep: 67
Posts: 5,506
200 pips right off your area!
Nice one, Duane.
Nice one, Duane.
Originally posted by Duane
Possible USDJPY reversal
Click image for original size
MA
MarcinO
Rep: 67
Posts: 5,506
Pound cannot make it above priceflow at 1.3230, so this might the whole bearish correction.
MA
MarcinO
Rep: 67
Posts: 5,506
I am watching equivalent of your .886 in the ES, rat. If they are not going to send it below 2100, that would be a great support level.
Originally posted by rat89
spy 60 – it’s worth noting that IF major [4] ended yesterday, then this could be a minor 2 rt to the range shown in the blue box, where:
212.31 – 216.81 = .786 at 213.37
212.31 – 216.81 = .886 at 212.82
Below that,
212.31 – 216.81 = 1.128 at 211.73, right where
198.68 – 219.60 = .382 at 211.60
Click image for original size
