is that so hard to believe?
Nihil Sine Deo.
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Dislikedi have the feeling, downward breaking is getting close to us.
Do set your profit taking point too close....may be around 150 pips
i am short on 9813 as well.Ignored
DislikedThe weekly average range (WAR) for the gbpusd is 242 pips. If the top side holds of 9899 holds and gbpusd moves according to the yearly average the bottom side would be 9654 which is 159 pips from 9813. The chart below shows how the gbpusd has ranged the last 20 weeks compared to the yearly average of 242 pips.
The pink line is the (WAR) for the year and blue line shows the range of motion the last 20 weeks. Hopefully this helpsIgnored
Dislikeda safer target would be at one standard deviation above this average. by the way, do you know what's the standard deviation for this yearly average?Ignored
Dislikedi know many expect a huge sell off but after watching cable for the past few months i wont be surprised if we didnt see too much of a fall or a fall but then retrace shortly afterIgnored
Dislikedcable needs to break 1.9767 for a few pips to see a strong downtrend....Ignored