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AL
albert
Rep: 99
Posts: 3,094
Starting it off.

Al
MA
MarcinO
Rep: 67
Posts: 5,506
Area hit. I am ready to close on any sign of reaction.
RA
rat89
Rep: 0
Posts: 7,015
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screen shot 2017 08 08 at 12 30 55 pm png

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screen shot 2017 08 08 at 12 31 02 pm png

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screen shot 2017 08 08 at 12 33 05 pm png

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screen shot 2017 08 08 at 12 45 45 pm png

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screen shot 2017 08 08 at 12 45 52 pm png

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screen shot 2017 08 08 at 12 45 59 pm png
AL
albert
Rep: 99
Posts: 3,094
rat, Cool charts.

Al
RA
rat89
Rep: 0
Posts: 7,015
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screen shot 2017 08 08 at 4 20 49 pm png

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screen shot 2017 08 08 at 4 21 28 pm png

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screen shot 2017 08 08 at 4 21 09 pm png
MA
MarcinO
Rep: 67
Posts: 5,506
Area hit yesterday gave a nice reaction.
1.3075 is where the bearish correction (or just its first leg) should stop.

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6b 2017 08 09 png
MA
MarcinO
Rep: 67
Posts: 5,506
Looks like Cable needs some drop before the next leg up to my area.
1.2990 seems the best support, with alternative at 1.3010-15. Keep in mind though, that in this context, any solid sign of bullish correction ending, should trigger long position, no matter whether Cable hit any of these areas or stopped somewhere between them.

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6b 2017 08 09 2 png
MA
MarcinO
Rep: 67
Posts: 5,506
1.3010 stopped it for good, I guess.
MA
MarcinO
Rep: 67
Posts: 5,506
It needs larger correction, though, below 1.30.
AL
albert
Rep: 99
Posts: 3,094
NEM at 0.886 fibo on Daily. Median Line target DOWN at about 33 to 34.


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sc29 png


Al
MA
MarcinO
Rep: 67
Posts: 5,506
Lower area hit. Time for a move up.
Given pretty low volatility today I wouldn't be surprised if Cable needs the whole night to make 80-90 pips up.
Originally posted by MarcinO

Looks like Cable needs some drop before the next leg up to my area.
1.2990 seems the best support, with alternative at 1.3010-15. Keep in mind though, that in this context, any solid sign of bullish correction ending, should trigger long position, no matter whether Cable hit any of these areas or stopped somewhere between them.

AL
albert
Rep: 99
Posts: 3,094
Rat,

Very nice!

Al :--)