The threat on the long term chart is unpleasant for GBP, 1.15xx and 1.05xx have been set up.
Just at the right moment, because BOE cannot now recapture the short-end of the rate curve with inflation still to reach his goal. To open things up, a simple test below 1.175x is all that is needed with Jackson to unlock the flow; a textbook swing ever since we saw restraint at 1.40xx.
If 1.175x is taken then 1.15xx is next to account, leaving 1.05xx wide open for this to collapse like a house of cards. After 1.15xx, I suspect the helplessness of buyers will be quite touching. This swing position is technically very similar to the previous GBP waterfalls we traded together with Brexit, Elections etc, a classical momentum move.
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The prognosis for the Jackson flow seems quite good for sellers (not overwhelmingly so for those who are still sidelined). A test of the barricade at 1.19xx seems manageable, and where I am actively looking to add shorts, because for that the buyers would have been exhausted. Please note, invalidation only with closes above 1.20xx.
A master plan! Let's see how our counter attack move plays out.
Just at the right moment, because BOE cannot now recapture the short-end of the rate curve with inflation still to reach his goal. To open things up, a simple test below 1.175x is all that is needed with Jackson to unlock the flow; a textbook swing ever since we saw restraint at 1.40xx.
If 1.175x is taken then 1.15xx is next to account, leaving 1.05xx wide open for this to collapse like a house of cards. After 1.15xx, I suspect the helplessness of buyers will be quite touching. This swing position is technically very similar to the previous GBP waterfalls we traded together with Brexit, Elections etc, a classical momentum move.
The prognosis for the Jackson flow seems quite good for sellers (not overwhelmingly so for those who are still sidelined). A test of the barricade at 1.19xx seems manageable, and where I am actively looking to add shorts, because for that the buyers would have been exhausted. Please note, invalidation only with closes above 1.20xx.
A master plan! Let's see how our counter attack move plays out.
액티브 트레이드
노트
1.159x low.... a good time to start taking some chips off the table...well done all those riding since Jackson
거래청산: 타겟 닿음
✔️거래청산: 타겟 닿음
1.05xx cleared ✔️✔️
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.