Trading with point and figure

dow into the open
bulls gettin some traction
data from 26/01

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cable...range tightening
ready for a pop

I have R2 @ 1.27 as next target if it pops.


However, it's struggling with the new good data from the US as rates likely to continue higher accross the pond.


Addenda:

We may see retest of support before it pops I reckon.

I have the 1.2560-80 range as first supp not PPs. Then;

PP @ 1.2520s.
 
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it all looks a tad negative
but...
there is a wide supp area ...down to 19635 area
anything goes....lol
 
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