Cable Update (GBPUSD)

Quoting gatenio

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{quote} good week bro no open positions? rare

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Quoting Moty

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{quote} thanks, you too i opened short right now lost almost all of my eqvity , i left with only 90 $ from 280 have a lot of work to get the loss back i will take it 15 pips at a time here is the first {image}

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Quoting mysterio

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{quote} I am looking for a sell up here too. IF it makes it up I watch PA on 5m for a potential turnaround We are in a potential bounce zone on dxy currently but it doesn't strike me as particularly strong so I'll wait and see. Perhaps if the W pattern on dxy is to be believed we can retrace down to 89.84 ish then observe, this may take us to my point of interest on cable {image}

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Quoting Moty

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{quote} thanks, you too i opened short right now lost almost all of my eqvity , i left with only 90 $ from 280 have a lot of work to get the loss back i will take it 15 pips at a time here is the first {image}

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Quoting mysterio

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DXY completed 0.5 retrace of last bull move Saw this as a potential scalp sell zone but not quite strong enough. I wanted up closer to 1.42. Hopefully not missed the boat. No trade for me yet https://www.tradingview.com/x/RiNBjzkS/ Edit- bummer, was absolutely fine. There's way too much gut feeling in my process... there was a nice confluence at this level but I was perhaps over-cautious.

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Quoting navk

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{quote} i expect a retrace towards 4170/80 and then drop to S1. This is scenario no.1 Scenario no. 2 would be break friday low and then test S1.

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Quoting KiwiTrada

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swissy maybe stress maybe gearing to push north, eu pounding support, bull or bear?? not short term view short to medium daily / weekly swissy now 2076 eu 2179, low data/ bank holidays / perfect for stuff the market day - week

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Quoting Pipa1

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Cheers bears... finally we got some long red bars....Patience is the most lethal weapon underrated by manyMy EG++GU++ ,green everywhere.Money dance.{image}

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Quoting W0lfram

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Rejected from 0.38 fib and 0.236 Daily ATR. Maybe going to retest 1.4136{image} edit: my prev breakout setups failed

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Quoting Pipa1

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Cheers bears... finally we got some long red bars....Patience is the most lethal weapon underrated by manyMy EG++GU++ ,green everywhere.Money dance.{image}

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Quoting gatenio

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close your shorts.. this is 4h close

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