Cable Update (GBPUSD)

Seems like we're going to have an up day today.
I say that because the market hasn't set up to drop today - despite the look of it right now.
I expect it to toy with Friday's low.
But I'll eat my words if it drops further than that without stalling.

Protecting profit...return to zero because broker slippage..

good morning team and voeltoez

well cable was sitting on daily support, so did not trade that

Limit 2176(sl) and still demand and likely correction over 2148, not done yet, for target 2080/63 at this leg down To 2002 and down possible next time having 2148+ play twice! Same as before scenerios, no change. Do yours and no blame others please!

higher low, so exited

Usdchf short 0.94200

I think 1 is more likely. there is more liquidity on the lower side, which has not been accumulated yet, but the market has always proven that having 2 plans is better than one

Short target 1.2100 in at 1.2111

Took profit.. stops to BE stopped out!

see that double bottom

and a hole in the center [ where candles are missing ]

well, if any candle comes to fill it, i will be stuck with a short, so avoiding

I looked at the chart the weekend and defo potential to the downside, but I think we are going to be in a bit of chop (sideway market) for a while.

1.21000 may be support
need the price to go above the 200 ema and the qqe to go above 50 line

short-term buy op here I think...

Does anyone watch at GBP/CHF? It will be beautiful up move. Just watch it and enjoy it.

waiting breaks previous low like eu at 2099 for next leg down for 2070/63/31 play while now limit 2003 , hold next or not

Short in at 1,2106 looking to add higher up Target 1.2086

1.21 will not hold

London opened, clear bearish bias, due to price below Daily pivot of 1.21572 - 1.21403, pivot placements from previous days also indicate bearishness.

Potential entry (M15 chart) as below:

1. Short - if price closed below Daily lower key level of 1.20850, SL 1.21120.

2. Short - if price rejected off Daily upper key level of 1.21246, SL will be recent high, or if you want wider SL, choose the upper end of Daily pivot 1.21572.

3. Short - if price rejected off Daily pivot, SL will be upper end of Daily pivot 1.21572.

4. Long - if price broken and closed above Upper end of daily pivot 1.21572, SL will be lower end of Daily pivot 1.21403.

Shorts are more likely than Long today, scenario no.1 is close to materializing now.

Anyone have a road map? Where are we heading, where will price retrace?

updated : some cut loss, and some profit. struggling to fit the plan.