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- ricmaj replied Feb 2, 2021
918.5 bulls emerges. As support stays active interim GU needs a Bull Validation to confirm the run. Buying with fingers on mouse.
Cable Update (GBPUSD)
- ricmaj replied Feb 2, 2021
892.5 now playing resistance. If bears become offensive then prices should head to 1.36215/015 for brief breakout games. Trade safe and stay safe
Cable Update (GBPUSD)
- ricmaj replied Feb 1, 2021
GU bears crosses 892.5. Any attempt for settlement below might see price reaching 1.3615 for stop overs. Resistance still at 866.5
Cable Update (GBPUSD)
- ricmaj replied Feb 1, 2021
866.5 now a tough burden for GU bulls making the expected move to 1.38ish to remain stall. Bear still trying to find their way below 892.5 and if possible and sustained we could witness another fall to near 1.35238 low. Bear could take the day imho
Cable Update (GBPUSD)
- ricmaj replied Jan 29, 2021
Friday Bears for Beer lets hope 892.5 could stay sustainable with the resistance established
Cable Update (GBPUSD)
- ricmaj replied Dec 1, 2020
Old Tl now declining up moves i hope the bears can hold the down side for a while.
Cable Update (GBPUSD)
- ricmaj replied Sep 25, 2020
Sell Highs buy lows. Extra Bucks banked and the rally continues.
Cable Update (GBPUSD)
- ricmaj replied Sep 25, 2020
Bulls defended well @ 1.267ish but the watch bears at the Minor Resistance couldnt wait to react for another down run. 1.27000 calling. Lets see how 1.27340 plays it out.
Cable Update (GBPUSD)
- ricmaj replied Sep 23, 2020
Bears could respond from here. Price Decision Zone still yet to be completely taken by bulls. Trade with caution for bulls overall trend still shows a bearish tone.
Cable Update (GBPUSD)
- ricmaj replied Sep 22, 2020
I am opposite you on that. The purple line must be reached for conclusions couple with the fact that close already under the support zone on the hourly.
Cable Update (GBPUSD)
- ricmaj replied Sep 22, 2020
Bulls responding as anticipated, but gate already closed for sellers to short more no hassle just further decline only this time lets watch if the support already established can be sustained at retest. Purple line next target if broken opens door ...
Cable Update (GBPUSD)
- ricmaj replied Sep 22, 2020
Bulls could be wishing they where holding shorts. Price gradually progressing towards baseline 25350. Support turned resistance already. However lets watch how the support at 2734ish plays out for bulls next purple line.
Cable Update (GBPUSD)
- ricmaj replied Sep 21, 2020
Early Buyers maybe having a rethink after the sell confirmation at breakout of 28150. Price in Stop Loss hunting areas and possibly looking for a short term pullback. I have my buy limit at 1.27340
Cable Update (GBPUSD)
- ricmaj replied Sep 21, 2020
The Break of Main Support at 28650 indicates bear could extend the lead if they where to cross the 28000 number and price stays under. However waiting for the resistance to be confirmed.
Cable Update (GBPUSD)
- ricmaj replied Sep 18, 2020
i feel selling below the red line could be struggling. However there is room to fall more if price is sustained lower.
Cable Update (GBPUSD)
- ricmaj replied Sep 18, 2020
the daily chart seem to have a clear directional movement on price. Support at 28650 still active for bulls to push higher. However Previous high at 1.3006ish still not yet broken. Concerns for new high. Stay Safe TGIF
Cable Update (GBPUSD)
- ricmaj replied Sep 15, 2020
Clear indication that bears are all out for friday low. However support could still be active at 1.28150. Otherwise once broken price could be open for a dive.
Cable Update (GBPUSD)
- ricmaj replied Sep 15, 2020
Bulls must stay cautioned from here. Price carefully shifting lower.
Cable Update (GBPUSD)
- ricmaj replied Aug 27, 2020
The bounce on 1.316ish seem a caution to sellers if 1.31960 fails then i should be out in BE
Cable Update (GBPUSD)
- ricmaj replied May 20, 2020
Resistance Line is sustained. Bears take over, Market set for down movement on crossing 2200. Take profit now at 2072 Holding sell view till otherwise.
Cable Update (GBPUSD)