Cable Update (GBPUSD)

...that y/day lo area and breeched asc t/line still the 1st ppa from this underside for the bulls....others above too.

Scalping shorts above 2597 (m5) or above 2610 (m15)

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DXY starts at 0:03.
GBP/USD starts at 10:40.

Dog barks at 07:12

I upload weekly analysis every Sunday and daily analysis from TUE to FRI.

But that hourly candle makes them happy who are long

Hello I'm just wondering what you consider confirmation? I'm new here and I think thats one of my downfalls, I either don't wait for conformation and get the trade wrong or wait for confirmation but my entry feels late.

Long added

Who’s gonna win here??

the bulls or the bears?

let’s wait for breakout.

target 1.2625/30 will watching

Long @1.26053, tp @1.26159. Sl manual.

10 pips target.

let’s see how it goes.

out from longs, 21 pips.

Will see in NY.

Feeling sleepy.

Do no not want to leave the open trades as it might hit Stop at 2580

Finishing my trading session here - short but gainful - some nice plays both ways.. Final look at 1hr below....Bulls are trying but intraday remains bearish overall so far. ...have put in a new asc t/line on 1hr as current daily lo very likely to become a fractal swing on that t/f on close of this 1hr candle. (downside fibs not shown on 1hr chart below - 61.8% 2508-2669 and 50% 2462-2669 at that current daily lo.)

On daily today's daily close could confirm y/day's hi as a fractal H on that t/f after the HL and above the last 2 x LH's so a mixed - growing bullish scenario on that t/f possible.

choppy until now, no idea.

No bears, no bulls I see

To me I am looking for the short setup to reveal in front of me. Right now the movement cannot suggest anything. We need to wait for price action to develop in couple of hours.

Till then trade safe.

TW

This lvl so strong

Look at daily doji and 4 hr bearish engulfing off 2650 area Moty.
More likely money to be made shorting rallies.

I switched from short.
Now i am happy

i bought GU at 1.2592 my TP 1.28xxx

i cant decide for SL yet honestly even the TP i might adjust on the way up everything will be manually

I'm also long, targetting 1.264X but will be hoping it goes to complete the ABC to ~1.27 mentioned in thatguy22's analysis

Watch out here (2597 became 2600)

got in a few scalps this morning but nothing catching my eye rn

let this push do its thing and ill see what my bias is