Cable Update (GBPUSD)

Attachment g

Unexpectated

Daily is bullish

That's right, i think 1.3 is the next target

On a daily basis, the upward trend is ongoing.
If you look at the 4-hour bar, you are going to make a range of 1.282 ~ 1.3. It seems to move in the direction that breaks this range.

As i was not well during most of NY session, I just traded NFP spike down and then closed all.

However I notice that some people looking to go long...

To me no.

Henceforth only short unless situation changes.

2976 and 3013 are important levels. below only short.

if those levels breach then long.

Still Bullish on CABLE

follow the big money who are continuously closing shorts and adding longs
past three weeks summary
longs contracts have increased from 25k to 45k and short decreased from 102K to 75k...

Or it's forming a lower high. Never forget the other option.

Here is how I am trading the GBP/USD in the week ahead,

91% of lots are short.
https://www.forexfactory.com/trades.php

I'm thinking it will break north.

GU just take a rest before going to 1.32 looking for buyers.

Hey guys, when price went down close to 2800 and below many in this thread predicted price to go down to 2650. I was strong in my approach and said 2787 is daily support and will bounce. It bounced.
Now, weekly 3013 is resistance and 2976 is daily resistance. It is likely to be bearish only untill :
A new daily support is formed
Or
2976 is broken.

I do not trust in targets... Yes. I just trade the trend as it goes on daily basis.
So, Monday?
I am going to short and make money.

nothing new perhaps , just following. 2924 still intact , and 2904 to make crazy alive for another spike up !but waiting all breaks for better play than the only crazy till death at present .lost interest in random plays as market doing much slower than we think , so patience .shorts kept at be weekend only though price not below 2924.take care

Monthly range, short will be waiting until hit the top of range

I see the situation in the same way.
h4
be green

My wave analyze..

it is very simple to judge the S/R levels and the next trade

Stop hunt 1.30 drop