Cable Update (GBPUSD)

i enter short now 1.3046

stop loss 1.3200

target 1.2870 to 1.2970

BUT

depend on the price action i will see when i reach the take profit area i might change my mind there and keep holding the short all the way to 1.2100. yes that's 800pips journey hehe

stop loss is clear only 150pips and i will stick to it

M5

Sell @ 1.30428, SL 9, TP 16

s. Chart

atb vvm

H1

SellStop @ 1.3013, SL 36, TP open

s. Chart

atb vvm

Why I see 1.330xx will come? Or I could be wrong

i remain bearish guy

i am not gonna look at Elliott wave analysis as its giving me many scenarios so am gonna concentrate on classic technical analysis

look at the chart very bad daily closing yesterday

1st it retested the broken up trend ( red color )

2nd its still inside a down channel ( blue color )

3rd the head & shoulder didn't fail yet ( white color )

STOPLOSS for my analysis is 1.3210

GBPUSD Moving As Predicted. Close Price Gap - Based On My Accurate Fibonacci Confluence Trading Strategy March 10, 2020

https://www.forexfactory.com/showthr...7#post12800427

Removed

atb vvm

with you daily chart, price will go to down depend today daily candle

GU long

trade safe mate

look left so we trade what we see . Morning all

Another view

at this time bull candle close on 1 hour . But it’s as I posted yesterday now closed triple top or is it . The weekly is at this time on a fib number pullback. So a lot to think about and digest. So we now have a big overview to help or aid our plan with this in mine we hopefully trade with confidence.. but it’s cable never take it for granted. E

5 min tl sorry about the drawing

the drop is coming

We are looking the same . Just remember it’s cable. Good luck and I have see over the months a change in your trading and I hope it stands you in good stead .. regards E

it’s not written in stone

i look still bullish...maybe retest 3200 area

H1

SellStop @ 1.30504, SL 32, TP open

s. Chart

atb vvm

H1

Modifed the SellStoOrder,
my EntryPrice moved to 1.30494

atb vvm