A journey in time with some potential zones of influence on the price and levels that might provide temporary or solid support/resistance. This is a long journey so while the concept might seem absurd we could just ask ourselves if this is just a simulation or a predefined script in the Matrix.
For connoisseurs only. Use wisely and trade with care and remember: price action is king. Price action is objective reality. Don't let the subjective blind you from the truth, which is: There is no GBPUSD market. It doesn't exist. All you see or hear or smell or touch is just information processed by your brain. Do you think you are breathing air? Think Again. Anything in the Universe can be broken down to math. But can the math of the Universe be broken? Of course not. If the math of the Universe is broken, it is because we never knew the real math of the Universe. What is the Universe anyway? And what is Time if it can be broken?
What if the Universe is not a simulation? What if it doesn't have a predefined script? Does any potential out of the Infinity of potentials require a script for its existence? No it does not. Infinity is Infinity. It is Anything. Everything. And Nothing. Just like this Voyager trading idea which is probably a dud (=nothing) unless we see A HUGE BIG RELEVANT SIGNIFICANT REVERSAL at one of the shapes! Don't say I did not warn you in advance. It could be a move that can last for months. Maybe even a year. Does anyone want a chart for 10 or 30 years? What if I told you I can make one for two hundred? million years. Welcome to the black hole...
For connoisseurs only. Use wisely and trade with care and remember: price action is king. Price action is objective reality. Don't let the subjective blind you from the truth, which is: There is no GBPUSD market. It doesn't exist. All you see or hear or smell or touch is just information processed by your brain. Do you think you are breathing air? Think Again. Anything in the Universe can be broken down to math. But can the math of the Universe be broken? Of course not. If the math of the Universe is broken, it is because we never knew the real math of the Universe. What is the Universe anyway? And what is Time if it can be broken?
What if the Universe is not a simulation? What if it doesn't have a predefined script? Does any potential out of the Infinity of potentials require a script for its existence? No it does not. Infinity is Infinity. It is Anything. Everything. And Nothing. Just like this Voyager trading idea which is probably a dud (=nothing) unless we see A HUGE BIG RELEVANT SIGNIFICANT REVERSAL at one of the shapes! Don't say I did not warn you in advance. It could be a move that can last for months. Maybe even a year. Does anyone want a chart for 10 or 30 years? What if I told you I can make one for two hundred? million years. Welcome to the black hole...
Note
This bearish day right here could be the start of a longer downward push. Ideally for any short bias would have been to see definitive solid resistance up at the red but this position is worthy of consideration regardless of where it might end. Note
rebound from 10 pips above the slim pink. Need a higher close on the daily to asses if the bears are out sleeping giving room for the bulls to catch up.Note
Arrived at the red. Probably not ready for stagnation after such a run. If pierced the big red can become support. The Journey continues, regardless of the initial "short" label of the project. Trade active
Weakness at the rectangle. Potential shorting setup.Note
Here is the snapshot for the situation. 2 candlestick shadows at the top edge of the proposed big resistance/support zone. Don't know if the general political context in the UK will factor in to push the pound lower but this was one of the potentials for this project and it had to be considered.3 dots to highlight ONE potential that might occur IF this actually starts descending. We could end up in a simple correction or we might be interrupted by a retest attempt.
This short which goes against the recent bullish mood is invalidated with serious activity and daily candle closed above the rectangle and the recent created high.
Note
Not looking good and my position is already slashed and buried, but I will leave it here open just in case because there hasn't been a decisive push above the recent high level.Note
The price never managed to decisively break the high of interest with a candle close. Descending now and it might visit the green, but not quite out of the red zone yet. Trade closed manually
Closing at break even because I see a little bit of danger in this potential setup regardless of the fact that the trading day is not over and the lower edge of the red might not ultimately hold. Note
Interesting developments all around the world for the central banking sector, also in the UK. Back at the red with some signs of support. Don't know if this will hold.Note
this could be a monster setup
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.