Potential Play on the Pound [Titan]

Folks that one, take a look at the British pound that we’ve identified a tight level on the British pound coming off of the weekly chart coming in right around here at 130 60. Now, see, we’re at 131 82 as of this recording, so we’re a little late to the party about 100 points or so. But in the grand scheme of things, we’re looking for a much larger target, first target is going to be up here around the 130 $5 nickel area, we come over to the daily chart, see that we pressed down here to this 130 61 3050 area. And while we were probing around here, taking out stops, and so forth, we then did get a lot of buying coming in, that pushed the power up. And now we’re forming a 123 bottom formation at this area of structure. So that’s what we like to see is some type of bottoming formation at this key level. You’ll notice that if we pull this back, and let’s see this, see where we are from a fit perspective. Looks like it’s going to be almost a 50% retracement level. So we take this way as low way down here and move it up. Not quite around the three two, so we could press down a little bit further here to this 128 75 area. But let’s go back to the daily and what I’ll be looking to do here is if we trade back up in through I may be interested as a buyer like to see these moving averages converge together a little bit closer. Alternatively, would not mind at all if market pro back down here again, taking out these lows taking out the stops and formed a new bond formation, basically retesting this 50% retracement that we’re seeing over here on the weekly and then when I do decide to buy or get long the pound what I’ll do is I’ll buy the futures and I’ll be looking to sell a call option either at the money or slightly out of the money against that contract that will basically serve as my stop, I’ll go out on the weekly options and buy out of the money put options for my official stock within that covered call will give me downside protection. If they decided to roll over now maybe doing a free presentation on the strategy, how we locate these key levels that I’m talking about. Spot the big money moves with the new trading strategy I’m gonna be presenting on Friday, March 25 at 12pm Eastern, it is just one hell of a strategy. I would encourage you highly to attend registration is free. I’m gonna link you to this page. All you got to do is click the orange button and I look forward to seeing you