Borrow this chart since dollar right at the H4 support 97.62, to see his idea plays out for a rebound....
It did as I type...
It did as I type...
DislikedMy GBPUSD long so isn't filing me with joy and excitement. Price is sat in a wide H4 demand zone. Trying to pick it with some M15 PA is a bit of a stab in the dark.Ignored
Dislikedsold some GJ at 137.10ish, me thinks there is some R here....risk 15Ignored
Disliked{quote} C-12, I looked over some of your posts this weekend and I really enjoyed getting to read them. Thank you so much. I just quickly looked at the GU and I would have the demand zones drawn as such... (My H4 feed is too messy for a demand zone) (there did appear to be a potential FB (red line) but it appears to already have played out and not enough order flow to keep going up) {image}Ignored
Disliked{quote} first defence line on week 1213/17.. second 1262. week bearish close -1260. The bund/bond spread is tightening. 1213/17 slapdown may be softer. ..Ignored
Disliked{quote} Defo still a GBP bear but we could get a bit of a temporary lift if EU/ DX continues this direction. My guess is those IG retail longs are heavily under water from months ago rather than actual bullish retailers. Bitcoin on the other hand...Ignored
Disliked{quote} day downtrend stop 1230...not confident 1262 is in the card..Ignored
Disliked{quote} me either. just posting levels. 1209 is a R 1213/17 often slaps down pa.Ignored