Bella's Blue (Cable)

Quoting Bella.al

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Cable Update : Trend-0.37 To recap.. GBPUSD – 1.27313 ..... Cable's last week's initial decline to 1.26886 on Friday confirms the correction from 14.08.2023 Minor Support low at 1.26160 has ended earlier with Minor Resistance placed at 1.27869 on 17.08.2023. There is no Support Box yet to be found on the chart per last week search. It points out to the fact that this Minor Resistance 1.27869 would hold for this week. Currently it is targeting 1.26160 low which is last week's low ( pointed out earlier ). Mid Term : Short Date : 27.07.2023 Price :...

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Trading Activity
I will be posting my trades and the format will be

Sell Above 1.2xxx
Stop Loss :1.2xxx
Objective : 1.2xxx

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Trend Reversal Zones
Trend Reversal Box : This is the most important zone on the chart , a new mid-term trend will always start from this Zone.
There are two type of reversal zone each having it's PRD ( Price Reversal Date ) and PRZ ( Price Reversal Zone ).
Also note that there are certain rules associated with it , Trend Reversal Zone must be touched by price on the given date ( also known as Price has Squared with Time ). Please note that even though i do use W.D Gann concepts but my Theory of Time <> Price is different .
1. Resistance...

Quoting Bella.al

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Update : Trend-0.37 Cable - 1.27671 ..... Initially i have marked on my chart today's high 1.28000 as Minor Resistance and expect cable to reach 1.26985 / 1.26160. A firm breach of 1.28182 is required to change this current bearish sentiment at my end. Bella's Blue{image}

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Quoting Bella.al

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{quote} Good afternoon , There was some very good move on the cable already. Forecast on Target , 1.26985 Achieved already. Bella's Blue {image}

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Quoting Bella.al

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Update | 0.37 I think by tomorrow end beta v1.9 will be ready for trading and forecasting. Engine updates Key Resistance and Key Support [Upgraded researched areas of Ultimate S/R with Trend ] Sub-wave [completed] 360 patterns are revised again and works with Sub Wave Minor Support and Resistance ( updated with Sub Wave ) Bella.

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Current Outlook
These are small snippets of point of view written by my self using Trend-0.37 or Trend-0.45 . This is mostly to revise the current market sentiment , view of market structure without providing any kind of Forecasts or Trading activity,

Quoting Bella.al

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{quote} I have added to the first post Current Outlook , starting beta v1.9 the forecasting model provides market commentary | outlook without going into details about forecasting or trading activity. Bella

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Quoting Bella.al

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I have added to the first post new section called Pivot Points which is part of Trend-0.45 Pivot Points ( Floor Traders ) - Trend.045 Resistance 4 Resistance 3 Resistance 2 Resistance 1 Pivot Support1 Support2 Support3 Support4 Pivot Points are Important price figures used in Trend-0.45 , The idea is to find the best value to sell or buy. Trend-0.45 will create it's own Support and Resistance using the past market behavior. Why Pivots?. If you think about market as having a role to facilitate trade between buyers and sellers. Every day the market...

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Quoting Bella.al

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Cable update : Trend-0.37 To-recap. Current updated chart , The Trend is Short from 1.29951 since 27.07.2023 and waiting for a new long conditions to be formed which is a counter support box ( i need to locate as dates and prices converge with each other ). This week , Tuesday 22.08.2023 , forecast was down from 1.27671 targeting 1.26160 whilst below 1.28182 ( which was on Target ). Next week, I will start with Trend is down but sub wave is flat ( sub wave is an internal wave that travels inside the 0.37 either corrective or impulsive [ went flat...

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