LOWEST IN 30 YEARS
OPTION ONE:
PULL BACK TO MAJOR FIBS THEN TAKE A DIVE DOWN. DUE TO DAMAGES CAUSED BY BREXIT.
OPTION TWO
SOMETHING MAJOR WILL HAPPEN
(LIKE DECIDING TO STAY WITH EU)
AND WILL CAUSE POND TO GAIN THE OLD GOOD RESPECT.
EITHER WAY UP IS THE ONLY WAY RIGHT NOW.
MY PLAY i AM ALREADY IN A BUY WITH THIS PAIR.
STOP LOSS @ 1.2750
GOOD LUCK
OPTION ONE:
PULL BACK TO MAJOR FIBS THEN TAKE A DIVE DOWN. DUE TO DAMAGES CAUSED BY BREXIT.
OPTION TWO
SOMETHING MAJOR WILL HAPPEN
(LIKE DECIDING TO STAY WITH EU)
AND WILL CAUSE POND TO GAIN THE OLD GOOD RESPECT.
EITHER WAY UP IS THE ONLY WAY RIGHT NOW.
MY PLAY i AM ALREADY IN A BUY WITH THIS PAIR.
STOP LOSS @ 1.2750
GOOD LUCK
Be honest with you not sure I take it one day at a time. for now chart shows signs of buy for me so will see.
Reply
Good analysis. It does seems like buying is near these levels. Will wait till end of the day but it does look like a bullish hammer on the daily. It's been quite a downturn for the cable. Maggie would've been shocked! :-)
Reply
Yesterday's bar (bullish hammer) on the daily chart and today's bar looks like an inverted hammer, both bullish candles. We may be putting a short term base here. The downtrend has been so strong that it makes me even question those signs :-) What do you reckon?
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good luck