Cable Update (GBPUSD)

last leg up , and pa now. broken 23866 , so 2376/57 confirmation for 2320 limit play.

so now waiting 1.09730 for eu

Dx on H4 wolf waves.

Ok could only bear's have to make it red this week, let us see
Im looking at the daily and that's going to be hard, also I read the monthly

This is also what I was saying before if it breaks higher a retest of the highs will be the double top on the daily

Possible retrace line

sentiment is getting a lot more balanced, close to 50/50 now as a lot of trapped bulls got out today at this spike.
Nice overall development for the bulls, let's see what happens next few days, if 2500 gets re-tested, at least expecting
some sort of pullback and might look for a re-load later.

Bear plan failed today, bulls won. Congrats Moty and the crew. Hope you guys already took profits!

my other call for an early entry in EURUSD did ok so far, more upside incoming later. So far so good, but really looking
for this V-shape recovery to pan out next few days.

1. GBP/USD option market flows are focused on post EU summit topside protection
2. Noted buyers of 18-21 Oct expiry 1.24-1.2500 strikes today
3. One buyer paid 12.25 vol for a 3-week 1.2700 GBP call/USD put on 200-mln
4. 1-month risk reversals have seen their GBP put bias eroded to 0.4 vs 0.55
5. 1-month expiry vol has been trading 11.6 - that falls after Oct. 31 now
6. Price action certainly not consistent with no deal on Oct. 31

long orders and stop now at the top of the high. Look left for resistance area . Possibly!! . Fail then still look to the red line . EU still not hit it’s target

after reversal h4 (A-B)
Wave 1+2 (a-b)
Wave 3+4 (a-b> retracement likely 1.2330)
Unlikely retest nekline inverse HS H4
Up to Wave 5:

Moty, TP very tight but I can always be wrong.

again is it a retrace of past weekly candle . On the day chart fib it’s nearly back to 23% and the 20 ema could also be resistance.. we know how the big boys play the 20 ema . So careful . Play your own trade this is my opinion and I could change depending on what goes on . As now the post before back into another short

day chart from the other day as posted

Hi Dr did you play this breakout .

it happens anytime , spike go at someones direction , one analysis fail and alternative win . anyway checking another old chart , ok move forward.
usdx pa

nice stop hunt..lol...geez just bury this thing already.

Its sold off at H4 head and shoulders maybe it it goes down now

GBPNZD H1 potential setup for position traders, if valid will get activated some time next week (Tue/Wed).

if evening star fails and it prints anything like this ,
very high probability
it will go higher than that high ,but still be a lower high
The best kind of high or low has a long wick