On the unequal probability of a price move up or down - page 139
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The truth doesn't stop being the truth if it's told by a brainless homeless kid sitting in a puddle of his own piss under a fence ) That's your problem )
I didn't say it, Porfiryevich did.It's not going anywhere. The market's closed for now. It's Sunday.
Let us know when your market opens.
I didn't say that, Porfiryevich did.
There is no difference between Truth and Lies, Unless, of course, you undress both.)
(V. Vysotsky)
The eu is in a downward channel. And the pound has stopped at the support line. Until the eura breaks the upper boundary of the channel and the pound breaks the support line, I will not do anything, hoping for a favourable development for me.
either the pound will kick in or the eve.
I'm watching, too.
Screenshots from MetaTrader trading platform
GBPUSD, H1, 2020.01.27
Alpari International, MetaTrader 4, Real
Hourly, EUR is going up GBP has just turned around and is likely to go up
Screenshots of the MetaTrader platform
GBPJPY, M15, 2020.01.27
Alpari International, MetaTrader 4, Real
M15 , and here the pound will go up earlier while the eu will go down.
Hourly, the eu is going up , the pound just turned around and is likely to go up
M15 , and here the pound is going up earlier, while the eu is going down.
As long as the eu is in a falling channel, its rise is a correction until it breaks the upper boundary.
The pound has broken through the local support level. The next level is the low of the daily candlestick of January 22, it is slightly below the Fibo level of 0.618. The euras is still in a channel and going down as well. If the pound breaks this level, then something will have to be done. However, I think that the chances of the pound bouncing from this level are quite high.
Well, as I was writing, the pound's rebound has already started.