⚡️ Status: Tactical Long (Buying the Floor)
Deadline: May 11–13, 2026
Logic: Price is coiling inside a multi-day Wedge pattern. The ascending Support line has absorbed three major selling waves, signaling strong institutional interest at the 1.3560 handle.
The Trap: The "Stop-Run." Expect a quick wick below 1.3560 to liquidate early retail longs before the purple zig-zag projection to the wedge ceiling activates.
Kill Zone: 🎯 Entry: 1.3565 – 1.3575 | 🛑 Stop: 1.3535 | 🚀 Target: 1.3620 (Wedge Resistance).
Insider Note: Cable is showing surprising resilience against the "Warsh-led" Dollar bid. Rumors of a hawkish BoE (Bank of England) pivot are keeping the 1.3550 floor solid. If the wedge ceiling at 1.3620 cracks, we’re looking at a 200-pip squeeze by the end of the week.
Deadline: May 11–13, 2026
Logic: Price is coiling inside a multi-day Wedge pattern. The ascending Support line has absorbed three major selling waves, signaling strong institutional interest at the 1.3560 handle.
The Trap: The "Stop-Run." Expect a quick wick below 1.3560 to liquidate early retail longs before the purple zig-zag projection to the wedge ceiling activates.
Kill Zone: 🎯 Entry: 1.3565 – 1.3575 | 🛑 Stop: 1.3535 | 🚀 Target: 1.3620 (Wedge Resistance).
Insider Note: Cable is showing surprising resilience against the "Warsh-led" Dollar bid. Rumors of a hawkish BoE (Bank of England) pivot are keeping the 1.3550 floor solid. If the wedge ceiling at 1.3620 cracks, we’re looking at a 200-pip squeeze by the end of the week.
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t.me/LingridChannel
🚀 Daily CRYPTO setups:
bit.ly/3JIGE2j
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔥 Daily GOLD and Forex updates with 20,000+ active traders:
t.me/LingridChannel
🚀 Daily CRYPTO setups:
bit.ly/3JIGE2j
t.me/LingridChannel
🚀 Daily CRYPTO setups:
bit.ly/3JIGE2j
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.