jumped on bullish train again @ 1.53100... waiting for departure...first stop @ 1.54 ....will see if there won't be derailment
Less is more...
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DislikedOk cable should explode upwards any minute now... no shorts for me until 1.5415 and 1.5467 should be a v nice shortIgnored
Disliked{quote} EG is bullish, then, cable will not go up still waiting for New York.Ignored
Disliked61.8% of the recent total 5606-5006 fall is where the daily hi is and this in 1st 1/2 of a previous 4hr swing hi zone.....to the upside more fibs of that move and the move down from 5590 as well as 2 more previous 4hr swing hi zones followed by the previous 4hr/daily/weekly swing hi zones approaching 5606. Weekly R3 is @/around 5520 with monthly R1 @/around 5533. General opa uptrend is present on 1hr and 4hr t/f's...Daily has now made a H and close above the last 2 x LH's of it's 5606-5006 downtrend so that looking in serious doubt now ? G/L {image}...Ignored
DislikedWhat I was getting at I guess is that after strong move (up in this case) it is rare to see the buyers (in this case) just roll over and die - without a try higher after a pullback. In this particular eg - there is evidence of strong counter 1hr/4hr uptrend sellers too as these with 1hr/4hr rally attempts seem to get sold - ie selling the rallys in the lower t/f's downtrend that has developed off the 5376 hi... G/LIgnored
DislikedCurrently ranges between 50 and 61.8 Fibo good entry will be 1.5310 with a target 40-50 pips {image}Ignored