16/10/2019 Cable Update Current High Mark 1.2950 with over bought valve added-in taking the Present Rate to 1.2990 at Resistance Level & New Term High I consider that this is where the Reversal Bar will come into play whilst Nearest or Next Target applied level will be Lower and is set at 61% Retrace Lower towards 1.2379 at Support Level
So go for it - its Cash Dollars in the bank the fastest way. Will you be among the ones experiencing this profitable Growth Area.
All strategies referred to by my-self incorporate the Fibonacci Extension Methodology from over on the monthly chart cycles.
I watch for these outcomes as to validate weather the Markets are Regulated to these Values so allowing for plenty of time whilst the Indexes are trending is very essential and will play out key towards finding the right or desired outcome to the Currency Rate Pairs under evaluation.
There`s always something happening with- in the Markets - but I need first to Watch before making A Secure Decision to Enter the Market - Just in case Price decides to Pull-Back at the moment on entry within the Trending Cycles.
That`s how I Monitor the Indexes before Publishing the Forecasts onto TradingView by finding the Reversal Bars where Price will Stall and Reverse most accurately - Where Price will Stall and Turn About which provides for A Directional Trending Cycle Winners within the current monthly chart cycle or Daily Bar Range as Price Fluctuates.