I feel there are lots of buyers trapped and i dont think the MM are willing to let them go Scot free. Daily closed below 1.800 opening way for 1.3700 or even lower
But I could be wrong, lets wait for tomorrow. PA is king
Cable Update - Continued 102 replies
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Disliked{quote} I dont know why traders here are so obsessed with plus 1.3850-1.3900 before 1.3700Ignored
Dislikedcopper approaching critical support, if can break, will be huge for next 3-4 weeks :-)Ignored
DislikedBelow 1.37700 is the bearish scenario. Uprising channel lower Line. Ill take low risk buy on lower if price manage to get back once again to near that areaIgnored
Disliked{quote} Ill wait and see the price tho my view today on friday is very bull xD .ill stick to my plan. sL put ahead H4 - HnS Daily close above OBIgnored
Disliked13 or 14 days before september closed. PA starts dancing with Monthly Pivot .... Don't let the broker happy with the dance ...Ignored
Disliked13 or 14 days before september closed. PA starts dancing with Monthly Pivot .... Don't let the broker happy with the dance ...Ignored
Disliked{quote} S1 or R1 monthly is quite interesting these month xD , weekly R3 will be my last target for bullIgnored
Disliked{quote} Minimum Monthly range is 360 pips; Current High (1.3913) minus 360 pips = 1.3553 Current Low (1.3726) plus 360 pips = 1.4086 Bearish bias Reasons: * Price keeps staying below 1.3910 * Price hasn't dropped below yearly open of 1.3650 by 250 pips or more which should make 1.3400 imminent by or before year end. Note: Since Year 2011, GBPUSD rate has always moved above and below yearly open prices by 250 pips or more. This year price has moved above the open price by 250 pips or more but yet to move below the opening price by 250 pips or more....Ignored