Thursday, February 5, 2015

SUPPORT TRENDLINE IN GBPUSD (CABLE) 05/02/15.


• 1.5198: Tuesday's Daily High, which is also very close to The Rising Trend Line from Tuesday's Daily Low. 
• 1.5176: Micro term 28.6% retracement, calculated for The Rising move from Tuesday's Low & bottom 1.4989 to yesterday's 20-Day High 1.5251. 
• 1.5151: Fibonacci 38.2% retracement Micro term, calculated for The Rising move from Tuesday's Low & bottom 1.4989 to 1.5251 yesterday's 20-Day High. 
• 1.5139: Micro term 42.9% retracement, calculated for The Rising move from Tuesday's Low & bottom 1.4989 to yesterday's 20-Day High 1.5251.
• 1.5120: Micro term Fibonacci 50% retracement, calculated for The Rising move from Tuesday's Low & bottom 1.4989 to. yesterday's 20-Day High 1.5251.
• 1.5101: Micro term 57.1% retracement, calculated for The Rising move from Tuesday's Low & bottom 1.4989 to yesterday's 20-Day High 1.5251.
• 1.5089: Micro term Fibonacci 61.8% retracement, calculated for The Rising move. from Tuesday's Low & bottom 1.4989 to yesterday's 20-Day High 1.5251.
• 1.5064: Micro term 71.4% retracement, calculated for The Rising move from Tuesday's Low & bottom 1.4989 to yesterday's 20-Day High 1.5251.
• 1.5026: Micro term 85.7% retracement. , calculated for The Rising move from Tuesday's Low & bottom 1.4989 to 1.5251 yesterday's 20-Day High.
• 1.4990: 85.7% retracement Micro term, calculated for The Rising move from Friday's Last Tuesday's High Low 1.4951 to 1.5223. This Level has been tested with stunning accuracy Not once but Twice: Friday's Daily Low was 1.4989, and Tuesday's Daily Low was exactly 1.4989!
• 1.4951: Friday's 19-month Low.
• 1.4943: Mar 10th in 2013 Daily High.
• 1.4913: Mar 10th. 2013 Daily High.
• 1.4857 / 58: a support Area Made by 2 consecutive Daily lows from July 2013.
• 1.4813: The yearly Low for the 2013th, which was seen on Jul 8th. This is seen in The Lowest Price & Half The past 4 years. 
• 1.4700: The bottom of The 4-hour main Channel, which Can be drawn from July's Top.

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