Cable Update (GBPUSD)

morning friends

lower tfs says down

lets see


Cheers

closed my short positions with 23 pips profit, gonna wait pullback and will short again

Personally not happy with the way it is moving or the pa, closing for a small profit from 3659 entry posted yesterday

Would like to see 3689 broken then a retest which is my usual entry method

iki gambar opo ya xixixix

Go go go

so far so good , need to broke 1.37000 to get in my target 1.36500

What Moving average u use on ur Chart ???

I think we will have buyers at 1.3727

bought @ 1.3738. target:50-80 pips

So far price travelling down more easily per 1000 contracts. Everything can change at any moment

Watching 1.37 for possible reaction

GU

RT/bounce @ SSR

4H Looks like a resistance

that takes me to my lower range which would be ideal shorting

it is slow but moving.

Look at daily old support now resistance has been breached with a daily close and that is not any old support, it is the larger degree support ie the bigger abc that we traded short from 3900



then the 4H has made a 5 wave impulse to the upside so it is not corrective as there would of only been three swings up ,

Looking in a bit further into H1 we can see the impulse clearly and the area that it broke to the upside

I would think that the current move down would make three swing down to the 3691-3653 area before reversing back up for a strong push up for big retest from weekly base top

200 26 12 emas

you can use the ucad to fid an entry at the croocky gu

its not slow but stretching its legs ,little lower =no way back

3720 next