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- Jonadab replied Sep 7, 2023
GU still has sometime to drop more before a correction to the upside. Monthly timeframe shows a strong bearish grip for GU image
- Jonadab replied Dec 9, 2022
It looks like GU is testing yesterday's high @1.22465. A possible long towards 1.23438 which is Dec 5th High on H1 Tf
- Jonadab replied Nov 8, 2022
It looks like price is recovering from the yesterday rally. The dip has taken 38.2% fib ratio of yesterday's rally. If the H1 candle closes strong bullish we will have a morning star pattern which is a bullish reversal pattern and this may likely ...
- Jonadab replied Sep 5, 2022
Will Cable test 1.1408? Stochastic is suggesting a possible drop to 1.1408 probably. Let's watch how it plays out. From monthly Cable seems to be in all time low. image
- Jonadab replied Jul 22, 2021
looks like Bulls are getting weaker. Waiting for Bearish move probably image
- Jonadab replied Jun 14, 2021
It seems GU has formed a double bottom which is preparing it for a long move. DXY appears to have formed a double top. I have a bullish bias for GU today. image image
- Jonadab replied Jun 11, 2021
Waiting for a full set-up to short GU. image
- Jonadab replied May 10, 2021
DXY is on the downfall and this is probably pushing GU to 1.42 perhaps.
- Jonadab replied Mar 30, 2021
The wick is a strong confirmation of buyers' rejection. The pattern requires a gap up above the close of the previous bullish candlestick and a further close below the midpoint of the previous bullish candle. That is already established, if the next ...
- Jonadab replied Mar 11, 2021
Ready to swing GU up to 1.6000 psychological level. The correction seems to be over. Strong daily bullish candlestick add value to this. The speculation comes with higher probability . image
- Jonadab replied Mar 9, 2021
Looks like GU down move is running out of steam. A likely up move in the near future, either this week or next week, a break of 1.4000 psychological level which happens to be a monthly resistance will confirm this. The correction is at 61.8% fib on ...
- Jonadab replied Mar 3, 2021
1.3975 is rejected. Gathering momentum to surpass 1.4, soon to join the upstream feast image
- Jonadab replied Feb 25, 2021
GU may see 1.39 in this deep correction. The primary trend is still strongly bullish. EURGBP is nearing 0.87 psychological level which may prove to be a resistance. image
- Jonadab replied Feb 25, 2021
GU is currently dragging despite DXY weakness. EURGBP recently formed a hammer on the Daily TF at a major support and the instrument is already oversold, an indication for a possible upside move which may drag cable down. I have closed all my cable ...
- Jonadab replied Feb 24, 2021
The long awaited correction is over. Time for the next rally towards 1.43 as cable has broken from a falling wedge marking the end of that corrective move. image
- Jonadab replied Feb 23, 2021
We may be expecting a deeper correction of GU to the downside. Time for bears to smile briefly. Meanwhile I have a bullish bias for cable and hope to see 1.4375 which is 2018 high.
- Jonadab replied Feb 22, 2021
Still holding last week bullish positions. Seems we just concluded the 4th wave @H1, perhaps last leg of the bull run before a deep correction. image
- Jonadab replied Feb 19, 2021
The daily ascending channel shows cable has more room up. Considering the MTF, the only obstacle on GU way now is 1.42 unless a strong fundamental factor turns this move down. According to Dow's theory, the sixth and final tenet states that a trend ...
- Jonadab replied Feb 19, 2021
TP reached. Will wait to see reaction at 1.4 now. Patience is the virtue of a trader. The fight is fierce really. image