Cable Update (GBPUSD)

very good trading, well done!

I want to start giving out grails to struggling traders but I can't create a thread at moment.

I zuluremys. master of all strategies

I hate to be a pessimist but after looking at a lot of charts tonight, tomorrow and over the course of the next week is looking like armageddon for a lot of pairs , i might be wrong

Consider this

GBPUSD 1H/4H Rising wedge
EURUSD 1H/4H Triangle
USDCHF 1H/4H Triangle
AUDUSD 1H.4H Rising wedge
GBPGJY 1H/4H Rising wedge

Add DAX and Dow to the list Rising Wedge

This’d time taken the profit no hedge 2515 long 10 stop and pick up 2536 on the way . And off to sleep

good work again moty

Guessing it's going to pass 1.2550

GBP going to banana

Morning up early to find I was taken out after taking profit from shorts. Had a couple of wrong trades yesterday. So I now have rethink wtf gone wrong . 12 hour and day 10/20 emas have crossed leading me to think trend is now long .. so is it ??? What could ... could happen is a big range type of trading for the next couple of days thawing 4 hour and 12 hour emas into consolidation.?? Just a thought

possible??

Thats the way dude.... ^_^

4 hour .. a lot of sell candles but 1 big buy candle .. is 2440 weekly support strong??? 12 hour we had a 20 ema touch at that same number .... so wait or try to see if this down left will trigger another big buy . ... in that case 2780 .. that could be the high in the range ??

As writing we have a possible trade long so it’s long Over that green line

ok in the trade now top on the candle before the break candle . Let’s see

Market has found a floor it's now time for the bulls to take it all the way back up

M5

Hi can you put up your 12 hour chart so we can see where your 20 ema sits please . Regards E