GOOD SELL SETTING. I need to give over 700 pips downwards.
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Stress on the daily is providing in.
We are overbought with some bearishness arriving in. However to overcome some resistance barriers so this might be a retracement however if it is a ABC move I shall expect this move that is down to test 145.
I agree. The 78. 6 of the move down is at 5412ish. We've 2013 July High at 5404ish.Originally Posted by ;
Get over 153.6 and in any instance 153.8, subsequently 154.25, suspect a very bullish window is starting to 155.5/7 and maybe running right through 156.3
That might mean big downside incoming. Let us observe. Interesting to know this is depicted by others tooOriginally Posted by ;
Imo I anticipate a substantial drawback, though I'm dissappointed it took longer than I believed it would, to begin. It hinges UK side news BOE can hold from a rate rise that was initially priced to GBP. If that happens we'll see a slum completing the currently forming Cup pattern (daily tf).