Cable Update (GBPUSD)

Quoting Theoak

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Long in at 1.4164 target 30 pips {image}

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Quoting Georginson

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{quote} You are correct about the day by day thing. The issue now is price tends to range most of the time but gets volatile when traders least expect it, so I prefer to be trading in the direction of possible break out, so I don't get caught napping. Daily trading can be very erratic and can change easily which mostly results to trap. Traders need to find their area and methodology of strength and build on it.

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Quoting SteadyAsItGo

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close all short {image}

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Quoting mysterio

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ABCD complete at 1.4020, lets see if we get some retracement Edit- bought at 1.4000. Round number, S2, 4h demand/TL, stop to BE ASAP I LOVE CABLE when it's like this

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Quoting littspaniard

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{quote} stop loss hit..reenter longs. support area {image}

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Quoting Sang.Real

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{quote} GU All position stopped out {image}

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Quoting Fix-it

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Took long from 1.4020 target1.4164

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Quoting SteadyAsItGo

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{quote} yeah it can continue back bullish D1

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Quoting pipfarm

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{quote} Strangely enough i have exactly the same target , this is a full reversal trade, they do not happen often but can be extremely profitable. The 30 min larger degree swing failed to break resistance after making an attempt with a double continuation swing then completely broke to the downside. Expecting some minor corrective swings before reaching target area {image}

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