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Cable Update - Continued 118 replies
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Disliked{quote} absolute gem of a post, if only we were some how connected...Ignored
DislikedAnyone trading UJ? We are making a descending triangle, LH-EQL, increase the probability for swing low to be broken to 137. Swap market pricing a 2.5% cpi headline while steady core.Ignored
DislikedI think this down move is sell trap, today GBP employment numbers are good and tomorrow news forecast good for GBP and bad for USD. These are my thoughts any other suggestion please shareIgnored
Disliked{quote} No sell trap If you look at D1 we are in a correction , go to H4 and then H1 to see the full structure First wave down can be anything, 2nd wave up exp flat ( that is the long trap) third wave down an impulse wave so price is doing exactly what it should be doing.Ignored
DislikedUJ I also switch to short, targetting 137. {image} US CPI is expected to be shite, so not good for dollah. With Fear of recession fading on the slightly positive NFP and reducing U.Rate, probability for a soft landing increases, therefore positive for Risky assets on rate cut. GOLD My updated counting posted on Friday {quote} My Liquidity area updated for possible end of Wave 2. {quote} Nothing feels better than a a plan working{image} Cannot always see it at first, but on a second look, we can always zone out unimportant area. This is...
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