just a note:
i believe 165.18 IS the 61.8 fibo, not 163.80...
chart:
after hitting 127.2, UJ rallied to 78.6 (lilmoe fibo sequence). a close below 95 will signal another retest of the lows, and MIGHT head lower to 161.8 extension at 86.50. bearish HD also visible and did NOT play out.
i also took UJ (for the first time in months) at 98.90 SL at b/e now.
and here we are for cable (my ex buddy). 40 mins left for this 4h candle, and so far it's looking ripe for a dumb AFTER hitting FE 78.6 which was another rally from FE 127.2 (FE lilmoe sequence "sell signal). a gorgeous bearish HD yet also visible and STRONG, AND didn't play out yet
a close below 1.59 WILL target the lows, if not lower to 1.42 - 1.45 region.
this setup will only fail if GU closes well ABOVE 1.7 (which i will short if we reach there), and the low targets will remain.
cable
i believe 165.18 IS the 61.8 fibo, not 163.80...
chart:
after hitting 127.2, UJ rallied to 78.6 (lilmoe fibo sequence). a close below 95 will signal another retest of the lows, and MIGHT head lower to 161.8 extension at 86.50. bearish HD also visible and did NOT play out.
i also took UJ (for the first time in months) at 98.90 SL at b/e now.
and here we are for cable (my ex buddy). 40 mins left for this 4h candle, and so far it's looking ripe for a dumb AFTER hitting FE 78.6 which was another rally from FE 127.2 (FE lilmoe sequence "sell signal). a gorgeous bearish HD yet also visible and STRONG, AND didn't play out yet
a close below 1.59 WILL target the lows, if not lower to 1.42 - 1.45 region.
this setup will only fail if GU closes well ABOVE 1.7 (which i will short if we reach there), and the low targets will remain.
cable