Is that last candle an inside candle?=no, and it matters. Even the quarterly isn't an inside candle. Think about how dumb it is to use the candle body when assessing the pattern.

Cable Update (GBPUSD)

what do you think Hussin?

Daily candle chart

the weekly is bullish as predicted last week

Cable Update (GBPUSD)

Hi jag I'm not sure about that one in this month

Daily candle chart

The entire market interpreted the same message, anyhow, you can't trust the unreliable boyfriend central banker types. William's role is to cool the market reading of the dot plot projections and Powell's words which can't be mistaken. How else ...

Cable Update (GBPUSD)

I've seen people talk about cup and handle, but I prefer a double top

Cable Update (GBPUSD)

cable weekly is highly likely to go higher than this week high based on the pattern,

Cable Update (GBPUSD)

not the Dow I'm interested in Nasdaq,

Cable Update (GBPUSD)

looks like a double top though

Cable Update (GBPUSD)

the dow jumped nearly 500 pips in an hour

Cable Update (GBPUSD)

That's it, as long as the general direction is right they will lower rates before 2% as per Powell's own words on Wednesday. Powell is trying to say he can be so accurate in the landing he can anticipate avoiding any overshoot to deflation. The fact ...

Cable Update (GBPUSD)

Fed speak,

Cable Update (GBPUSD)

what about the TL? Nav

Cable Update (GBPUSD)

I agree with you, I don't believe anything the FED say, but the market believes what they say. I don't remember the exact words but Powell said he would cut well before the 2% target.

Cable Update (GBPUSD)

you need a good reason to short an outright failure during the course of that week

Cable Update (GBPUSD)

the fed projected rate cuts, which went from 2 to 3 cuts in 2024 on the dot plot, which is why it was dovish

Cable Update (GBPUSD)

His Baz same to you. It's the Wild West in there for sure. The only place in the World where you can leave school and go to work to tell the old-timers they don't know what they're doing.

Daily candle chart

Hello Hussin, I hope all is well for you and your family. I agree that cable's next monthly could be a reversal and also Nadsaq is a double top situ, the best kind of DT is a breach of the all-time high.

Daily candle chart