Thread: s Cable Corner

Originally Posted by ;

I also suggest to be aware that 40547 is your half back (mid level) of the last action disadvantage from 25.01 to 09.02: acceptation over it's required for any continuation upside down. A failure over it could have a substantial impact upon current market retest inside GB week balance.

Attempted break upside from within interval. Retesting 40547. Monitor for acceptation or rejection.

Now 4025 is your reference for US participants as it is the low of this pit inside week. Again, acceptation or rejection above it is fundamental as in case of acceptation we can aim at the top of the inside pit week (4278) while in the event of rejection above it we can imagine a new potential effort disadvantage in the direction of the past week tried break.

Note that PreUS B phase is an one. Principles apply.

I also suggest to continue to give attention to major action downside half back 40547.

Finally notice that price is currently within the preceding pit gap drawback (40592-4101): this zone could be intriguing for upcoming pit session.

Originally Posted by ;

Note that PreUS B phase is, again, an inside one. Principles apply. I propose to continue to give attention to major action disadvantage half back 40547 . Finally note that price is currently within the previous gap gap downside (40592-4101 ): this zone may be interesting for upcoming pit session .

So pit started, went downside to test 40547, collapsed below it and came back upside towards the top of this old pit gap (4001) just to stop a few pips below it...

What do you say ? Is that retrace that is false or will Gbp keep going down. As I hv cash on it so it does, I expect

Be ready....

Originally Posted by ;

Today 4025 is the reference for US participants as it's the low of the pit within week. Again, acceptation or rejection above it's fundamental as if of acceptation we can aim at the peak of the inner pit week (4278) while in the event of rejection above it we can imagine a new possible effort downside in the direction of the past weekly tried brea k.

Here we're finally at 4025: ideal tag for now. Monitor carefully for acceptation or rejection under it!

Originally Posted by ;

quote Here we're eventually at 4025: perfect tag for now. Monitor carefully below it for acceptation or rejection!

Given the fact that we already have acceptation above it. As we spent the session above it at the zone.

Originally Posted by ;

Note that PreUS B phase is again, an inside one. Rules apply. I also propose to continue to provide attention to major action downside half back 40547. Finally note that price is currently within the preceding gap gap drawback (40592-4101 ): this zone may be interesting to get upcoming pit session.

Originally Posted by ;

quote Here we're eventually at 4025: perfect tag for now. Monitor carefully below it for acceptation or rejection!

Well, what a wonderful spot 4025, is not it? 3 Pips below it, collapsed, 75 pips upside, straight back to 4101, at the pip (also It's now a weak and bad high)

Originally Posted by ;

quote So pit started, went downside to examine 40547, failed under it and arrived back upside towards the top of the old pit gap (4001) just to prevent a few pips under it. . .

This is a valuable information as an exact level tagged is generally a questionable one for definition: who sell or buy at a precise and very observable degree? Terrible hands...

A different story if the degree is overshoot, like 4025. In this case price went under our value (3 pips) and just then retraced upside. 4025 is a term level as it is the low of an inside pit week range. So, obviously a more powerful service (if tested from previously)