Thanks dear to giving your notice i am try to catch you signal every day today GBP/USD going down almost 50pips but now move on up mode few hours later its going over 40pips hopefully Gbp back on strong position.
The GBPUSD = also look on probably more bulls (for today trade) if the price can break up more the 76.4 fibo (1.5710). But, of course - the wait and see can be take as long as the price still move bellow that 76.4 fibo = because, I call just consolidation first. Note : Till now, the TCCI line still support for this bulls, I see.
The GBPUSD also on look bulls. The price now can be closed above that 76.4 fib line at (1.5717). We know that this area is a Supply area. But then, if this supply area can be break too by price from bottom = Yes, I see the more probably bulls here then.
Regards.
---------- Post added 07-30-2012 at 04:31 AM ---------- Previous post was 07-29-2012 at 05:52 AM ----------
Monday, July 30, 2012
The two TCCI line on daily TF (TCCI 20 day and also TCCI 80 day) look on bulls condition. So, if we look this GBPUSD pair with this Big TF = Yes, bulls still probably here for next price move. But please note = that the consolidation can be play first here because we see on the above the price now = we can see the supply area (1.5717). So, the bulls can be say if truly price then can break that supply area = break from bottom, of course.
The bulls of this pair (GBPUSD) look difficult to up = it's because price now must break that strong supply area that now appear above the current price. So, I see this will probably to just consolidation first near that supply area. but, if we see to the TCCI = the TCCI still show the bulls and we can say this pair (GBPUSD) can start bulls again after truly price can break up more that supply area near 1.5717.
The GBPUSD look pullback down from that supply area (1.5717). Just be careful for probably price more down if that 23.6 fibo line (1.5657) can be break by price from top (on today price movement). On my see if that 23.6 fib can be break by price from top = Search for Sell here = better.
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