Keys for next week are 1.9847 and 2.0119
I will go short if 1.9847 is broken, and will go long if 2.0119 is broken
Keys for last week as mentioned was 1.9676 and 1.9822
I mentioned that if 1.9822 is borken so I'll go long, and if 1.9676 is broken I'll go short, and we have seen that 1.9822 is broken and we reached 1.9995 (173 pips) and we had a range of 246 pips
Cable needs good momentum and power to play in the 2.0 area, the nearest low for cable was 1.9621, which is not that enough for cable
Last time when cable reached the 2.0 area it's nearest low was 1.9185, which gave cable a good momentum to reach and stay in the 2.0 area for 11 days
Keys for Monday are 1.9936 and 2.0030
I will go short if 1.9936 is broken Initial TP 1.9875, and will go long if 2.0030 is broken Initial TP 2.0070
I'm still short @1.9990, I rarely leave trades open till next day, specially during weekends but this one I will keep it open till it reaches it's target even if it kept open for days
Besides that Monday is the key of the week, last Monday 1.9822 which was the key for going long was broken, this means that for the rest of the week, the pair will go in the same direction, so for next Monday, if 2.0119 is broken and 1.9960 is not seen at all in this day, so for the rest of the week it will go in the same direction and the 1.9960 or below won't be seen till the end of the week, on the otherside if 1.9847 is broken and 2.0006 is not seen, the same thing happen, sometimes Mondays don't give clear signs when it makes small ranges or there is a holiday
I will go short if 1.9847 is broken, and will go long if 2.0119 is broken
Keys for last week as mentioned was 1.9676 and 1.9822
I mentioned that if 1.9822 is borken so I'll go long, and if 1.9676 is broken I'll go short, and we have seen that 1.9822 is broken and we reached 1.9995 (173 pips) and we had a range of 246 pips
Cable needs good momentum and power to play in the 2.0 area, the nearest low for cable was 1.9621, which is not that enough for cable
Last time when cable reached the 2.0 area it's nearest low was 1.9185, which gave cable a good momentum to reach and stay in the 2.0 area for 11 days
Keys for Monday are 1.9936 and 2.0030
I will go short if 1.9936 is broken Initial TP 1.9875, and will go long if 2.0030 is broken Initial TP 2.0070
I'm still short @1.9990, I rarely leave trades open till next day, specially during weekends but this one I will keep it open till it reaches it's target even if it kept open for days
Besides that Monday is the key of the week, last Monday 1.9822 which was the key for going long was broken, this means that for the rest of the week, the pair will go in the same direction, so for next Monday, if 2.0119 is broken and 1.9960 is not seen at all in this day, so for the rest of the week it will go in the same direction and the 1.9960 or below won't be seen till the end of the week, on the otherside if 1.9847 is broken and 2.0006 is not seen, the same thing happen, sometimes Mondays don't give clear signs when it makes small ranges or there is a holiday