This is what I see....
4 hour chart being posted....
Blue circles indicate where price will retrace to....
1.5800 during tonight and tomorrows session....
Once at 1.5800.....1.5600 is not far off......
Everyone will be looking around at each other and remembering PIMCO said that Cable will be trading at 1.4500ish by the end of the year - once we are at 1.5600 the year low of 1.5200ish will look attractive.........then everyone will say.....man I should short this.....PIMCO said it will go to 1.4500.
We all can have our thoughts.....delusional or not.
Faller
4 hour chart being posted....
Blue circles indicate where price will retrace to....
1.5800 during tonight and tomorrows session....
Once at 1.5800.....1.5600 is not far off......
Everyone will be looking around at each other and remembering PIMCO said that Cable will be trading at 1.4500ish by the end of the year - once we are at 1.5600 the year low of 1.5200ish will look attractive.........then everyone will say.....man I should short this.....PIMCO said it will go to 1.4500.
We all can have our thoughts.....delusional or not.
Faller
I don't trust any move - when you have profit...take it.