Cable Update (GBPUSD)

usdx reached level of interest , may little still , so started short others . lets see

in gbpusd limit goes 2866 & 54 CARE , breaks as failure top again!

Powel spoke 2 times and many other important data and finally crude oil stocks interesting

i am out with 20 pips after3 days

keep pushing long till closed market,. ( until Friday afternoon than i will kill the )

Maybe second attack Can go to 1.2924

somebody may trying sell usd desperately, lets see if get support soon

I am shorting GU for the day. 2878( today only )

Are you sure the bulls are through? The tiny pin bar on M30 is greenish (bullish)

2900 ish must break to confirm the swing reversal, because the is the old resistance from the previous leg down, should fly if it breaks

1.2890 then reverse

Yes, there is an old H1 swing average at 2891. The bulls need to take it out first before attempting the next one at 2903

I agree and also consider that expansion of 138,2% and 123,6% are 1.2946 and 1.2928 respectively.

M30 has closed with a smallish but bearish pin bar. That of H1 is smallish too but bullish. So, we're likely going to see a pull back before the bulls resume their song. The M5 average at 2873 has a hat in the ring here

market time 20:00 no down, its a up trend

nice push from the bulls. Buying dips makes sense now (near 2840//2860). Probably near LO on Friday.
Conservative target for bulls after dip: 2900. Aggressive target 2920. stops 2800//2810.
What I see on H1 looks pretty strong.
always do your own due dill before entry.

any smart trader will do good if he keeps in mind 3 things:

1) H1/H4/D1 signals more upside Friday/Monday.
2) unfilled gap - will be the dragging force later on.
3) new week new trend.

trade safe
asgcorp

I am going to sleep now. Byw guys.

Happy day again.