Cable Update (GBPUSD)
manipulative GU
{quote} thats huge lot bro..be carefull
i dont think it needs sayin and i feel foolish pointing it out but dollar daily will prolly give me a buy signal today ..its hit my projection of 102.50 on futures so shud bounce to 104 now only thing preventing a buy signal on my dollar daily chart would be if ringling brothers circus came to townyesterday had no TA reason for dollar to drop which put me in DD on all my shorts... price shud return to thanksgiving levels first before a bounce back to these heights for christmas never trust a rally or drop started on a major american holiday...
{quote} Any real guru here can tell us when will Cable and Gold start falling?
{quote} GU Thanks for the chart. I copy you
{quote} lets see what happen .; may same crazy to do the rest for target! anyway checking dx , after breaks and back a major sr nover 61.8fibs % , over supports may try correct upm short term or just up down in the bottom formation before the same . if bottom formation then easily gu may get the target too ! so risk there for both ways . nothing in straight line formula! . take care {image} {image} {image} {image} {image}
Hello, where the current hi of the day/Asian hi found resistance is old news - (a prev 4hr/dly sw hi zone = prev res = pot res that extends up to 2747, @/around Wkly R2.) On the p/back from there 4hr has printed a HL and 1hr; 2 x LH's, a L, and a LL, and what might turn out to be a 3rd LH? 1hr+ general uptrends remain intact though. The bulls are trying to make a break higher whilst above the 4hr HL, the prev 1hr/minor 4hr sw lo zone extending down to which has been tested and has thus far held as supp. 1hr below {image}...
My special magic bullseye indicator is saying around 1.2953 in 6 days time, around 1346 GMT
