Cable Update (GBPUSD)

Quoting mysterio

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Maybe a shorting opp here depending on conf. 0.618 retrace, new supply, TL retest Edit - ended up taking it just below 1.39, stop at BE It's also an M pattern which means down, the bounce was the retrace leg edit- out BE {image} {image} {image}

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Quoting Moty

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{quote} {image} {image}

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Quoting KiwiTrada

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{quote} 39 - 38 is only 100 pips, if I was targeting 3800 , 38518 is 4hr previous low(and doji), 1st eyeball, 3828 is as good a time as any to get out, however if target is lower partial and trailing stop 38518ish I would prefer, that 4hr doji needs negating first

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Quoting dimitricss

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{quote} i took short

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Quoting Sang.Real

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{quote} GU Waiting for Tokyo Waiting for price action at SNR Level. {image}

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Quoting KiwiTrada

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{quote} sort of indication hrly has weak inverted H&S 4hr ugly daily doji, this could become reversal pattern time will tell, I am trading it, r/r is excellent, entry was cheap:-) small gap to close right now, if it does I will be adding entry

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Quoting Moty

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{quote} {image} {image}

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Quoting navk

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{quote} made error in numbers. i mean buying between 3870 and 3850

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Quoting babayaga

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will she break 1.3828 ??? my target is 1.3827 (one of..)

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Quoting babayaga

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yes{image}what now? to be continued (down)???

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