breaking the neckline of the h&s bottom??

Daily Cable Analysis

once the neckline (the green line) is broken h&s is formed and we are on the way up.

Daily Cable Analysis

rising channel is formed , 1h chart

Daily Cable Analysis

the price did not break tom demark trendlines (the green line) which is actually the neckline of a head and shoulders bottom.if this line breaks than 1.9676 is in sight. there isn't much momentum at the moment to go higer. boe minutes may give the ...

Daily Cable Analysis

on what time frame you count the waves???

Daily Cable Analysis

price is now sitting on 61.8% level (08.01.2007 to 23.01.2007) the lower tl of the channel holds well. divergence is seen on the daily chart and 4h chart as well , lows are geting higer but in the rsi they are in the same level. altough price can ...

Daily Cable Analysis

i expect a move upwards

GBPUSD

price is making lower highs but rsi is making higer highs.thats a clue that a possible long is around the corner

Cable Update (GBPUSD)

in 4h chart there is lower highs in price but in the rsi we have higer tops.this divergence indicates long. therefore, i expect a bullish move in the coming days.

Daily Cable Analysis

ok but in the chart we can identify a bullish channel and divergence, in addition the last bar did not break the lower tl i expect a move upwards next week

Technical Analysis and a few charts to ponder

the divergence seen on the chart indicate that a possible long is about to come. so far we can't know exactly when but there is a high probability ,that in the coming day's we will see a move upwards. not a trade recommendation

Daily Cable Analysis

price is now sitting right on the trendline

Daily Cable Analysis

hi all in the chart we can see a divergence which as i understand means rising wave in the cable. what do you guys think.

Technical Analysis and a few charts to ponder

next target, 1.9509 ,61.8% fibo . not a trade recommendation

Daily Cable Analysis

it would be better to explain why i think that....... so that other traders could also take this opinion in consideration

Daily Cable Analysis

since the upper tl holds it seems that the price will drop to 1.9505 mark. not a trade recommendation

Daily Cable Analysis

daily chart. we have to be very carefull at this point

Daily Cable Analysis

great where can i find some more info on that ??????? thx

GBP Patterns, Facts, Trivia

macd on 4h chart crossed ,price already passed 67 pip upwards from the day opening, so the probability to a reversal is low. good chances the price would go to 1.9605 mark ,on 61.8% fibo. not a trade recommendation

Daily Cable Analysis

goodthings. is there any connection between london open 1st hour and the direction to rest of the day?? thx

GBP Patterns, Facts, Trivia