GbpUsd Rate Pair at 1.2950 Target Reached
16/10/2019 Cable Update Current High Mark 1.2950 with over bought valve added-in taking the Present Rate to 1.2990 at Resistance Level & New Term High I consider that this is where the Reversal Bar will come into play whilst Nearest or Next Target applied level will be Lower and is set at 61% Retrace Lower towards 1.2379 at Support Level
So go for it - its Cash Dollars in the bank the fastest way. Will you be among the ones experiencing this profitable Growth Area.
All strategies referred to by my-self incorporate the Fibonacci Extension Methodology from over on the monthly chart cycles.
I watch for these outcomes as to validate weather the Markets are Regulated to these Values so allowing for plenty of time whilst the Indexes are trending is very essential and will play out key towards finding the right or desired outcome to the Currency Rate Pairs under evaluation.
There`s always something happening with- in the Markets - but I need first to Watch before making A Secure Decision to Enter the Market - Just in case Price decides to Pull-Back at the moment on entry within the Trending Cycles.
That`s how I Monitor the Indexes before Publishing the Forecasts onto TradingView by finding the Reversal Bars where Price will Stall and Reverse most accurately - Where Price will Stall and Turn About which provides for A Directional Trending Cycle Winners within the current monthly chart cycle or Daily Bar Range as Price Fluctuates.
So go for it - its Cash Dollars in the bank the fastest way. Will you be among the ones experiencing this profitable Growth Area.
All strategies referred to by my-self incorporate the Fibonacci Extension Methodology from over on the monthly chart cycles.
I watch for these outcomes as to validate weather the Markets are Regulated to these Values so allowing for plenty of time whilst the Indexes are trending is very essential and will play out key towards finding the right or desired outcome to the Currency Rate Pairs under evaluation.
There`s always something happening with- in the Markets - but I need first to Watch before making A Secure Decision to Enter the Market - Just in case Price decides to Pull-Back at the moment on entry within the Trending Cycles.
That`s how I Monitor the Indexes before Publishing the Forecasts onto TradingView by finding the Reversal Bars where Price will Stall and Reverse most accurately - Where Price will Stall and Turn About which provides for A Directional Trending Cycle Winners within the current monthly chart cycle or Daily Bar Range as Price Fluctuates.
Trade closed manually:
19/10/2019 GbpUsd - Cable Rate Appears not to be Stopping off at the 38% percent monthly chart bar high 1.2950 - 1.2990
Only as appearance I can see is still powering on within the current trend Higher not what was Expected.
So I will need to Close this Set-Up unfortunately to all my followers. And work on a new set-up to the Higher End of Pricing and the current Phase.
I was expecting Price to used the Pivot Point Low at 1.2379 is also the 61% percent bar retrace lower and then go on to 1.3875 as the high mark.
Only as appearance I can see is still powering on within the current trend Higher not what was Expected.
So I will need to Close this Set-Up unfortunately to all my followers. And work on a new set-up to the Higher End of Pricing and the current Phase.
I was expecting Price to used the Pivot Point Low at 1.2379 is also the 61% percent bar retrace lower and then go on to 1.3875 as the high mark.
Trade active:
20/10/2019 Follow forexcandles to receive current updates on market news stories and secure analysis reports on market conditions.
Newly Revised Cable Rate - Gbpusd Pair high set at 1.3111 - Before a return to 1.2555 at support level.
Newly Revised Cable Rate - Gbpusd Pair high set at 1.3111 - Before a return to 1.2555 at support level.
Comment:
11/112019 GbpUsd Rate may have extra high at 1.3033
5-minute chart high only.
5-minute chart high only.
We now need to see if the Rate will stall and turn about within the next pips or weather Price will trend on higher.