LEONES
Short

British pound outlook - still bright?

CME:B61!   BRITISH POUND FUTURES
767 17 6
Weekly chart - this is where we are with the pound. Bull trap or bull run?
I suppose you think it's a bull trap.
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LEONES PRO QuantitativeExhaustion
Yes I think so
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I'm of the opposite opinion for the reasons state above, BUT, your point is a genuine concern. I'll have to watch my positions close on this one. Thanks for this.
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Could you edit and add some more text to the description as to why you think it will attempt to find the median or even possibly the lower descending support line inside the channel.
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LEONES PRO QuantitativeExhaustion
I will add more text - we need to see if today M top it's confirmed in the following days - I agree as it stands now the trend is still up
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OK. I'll keep an eye on it.
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sedemmler QuantitativeExhaustion
Hey, JR. How does one go about requesting a better location for a published chart sometimes? I'm still finding my way around this place.
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You can search for a chart using the symbol. There's not a tagged chart library yet. I'd like to see that soon.
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Would it be better to short the BU pound or the EU euro?
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LEONES PRO QuantitativeExhaustion
Pound looks weaker - this is the weekly Euro FX / British pound - channel showing still upside space
snapshot
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Nickmail LEONES
maybe dark cloud formation maybe not
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Channel broken to the upside - next monday is important to confirm
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