MaryJane

Triple Bottom? Flag?

FX:GBPUSD   British Pound/U.S. Dollar
1068 11 46
2 months ago
If this was a Chart from a stock , i absolutely would short it below the last two lows ( it would be a classical bearflag) ...but it is a currency (which really dipped very deep) , so such a "flag"-drop seems to be totally unrealistic for me.
The risk loving "Bottom-Fisher" could try to catch the bottom with a very narrow sl below the last lows (very nice CRR!). TP would be again 1.34
2 months ago
Comment: i prefer then procyclical breakout at the downside ;-9
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2 months ago
Comment:
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2 months ago
Comment: Attention please! Reached tp1 , no we have reached THE Action Point!!!!!
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2 months ago
Comment: RSI oversold now - retest of the bo-niveau?
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2 months ago
Comment: that`s it!
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2 months ago
Comment: crazy move..!!!
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2 months ago
Comment: never thought that!!
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2 months ago
Comment:
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2 months ago
Comment: wowwwwwwwwwwwwwwwwwwww
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2 months ago
Comment:
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2 months ago
Comment: Monstertrade!!! Don`t forget to save your win -adjust your sl
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waterman
2 months ago
A very nice analysis. thanks
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purpurato59 PRO
2 months ago
You in already ?
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MaryJane purpurato59
2 months ago
still waiting for Yellen this evening... i can recomment always to stay flat in front of such News...
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649bruno
2 months ago
In my work (published 4 days ago) I spotted your triple bottom also. The low of the triple bottom was 1.27893 on July 7th. The next low was 1.28654 on August 15th.
The third low was 1.29942 on September 16th. The trend measurements I use have gone neutral in the past 24 hours (not a lot of down-ward pressure). I would not short until 1.27893 is taken out.
You are so right about currency being different from stocks. It might be we are on hold waiting for the Fed to announce. You do great work. Don.
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MaryJane 649bruno
2 months ago
Hallo Don, thank you for your view. It`s good to read, that others have a similar opinion..thx and greez
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j33per PRO
2 months ago
Mary, I'd love to agree with you but am not sure. As you say, it it were a stock, you'd short it. I'm going to sit on the fence here....
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kenanseha
2 months ago
Hello, from this level will return? or more of the following do you have?
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MaryJane kenanseha
2 months ago
perhaps till 1.2710
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kenanseha MaryJane
2 months ago
Thanks
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Pres_Dir_Zhang kenanseha
2 months ago
Thnxs
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bilk29
2 months ago
I love your work..
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