Cable Update (GBPUSD)

Quoting birdland

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GU still in a range, BUT 50% fibo was defended and therefore i favor bulls. {image}[/q I will be selling @ 1.32913... in anticipation that the zone above it is valid. I need to see at least an hour candle close below the price before setting my entry for Short trade. It's dangerously ranging.

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Quoting AlfieSolomon

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The market is only dangerous for those folks who don't use a stop loss

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Quoting birdland

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GU still in a range, BUT 50% fibo was defended and therefore i favor bulls. {image}

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Quoting Moty

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{image} {image}

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Quoting birdland

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{quote} {image}

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Quoting fontu

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Checking pa as same before bigger bull set up but having very strong to standard running after a failure , next attempt running while due failure entered a bear set up having a 3 drives up resistance 3334 , while correction target aligned with bull is 3404 and if resistance 3334 hold then may correct down before try for up leg as common for bull and bear but for last time do or die. So now 3334 hold or not important , already tested .may try retest as doing with market open . Before next leg down below 3202. So probable range now 3334 to 3202 {image}...

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Quoting Abeylyn

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{quote} Bull failed to give traders an opportunity to make entry and is about to touch another Resistant Zone. The market is looking to cut traders head.

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Quoting Abeylyn

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{quote} The market is only dangerous for those folks who don't use a stop loss

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Quoting AlfieSolomon

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Buy {image}

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Quoting birdland

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{quote} i work without leverage in order to be able to implement intelligent market strategies without SL. SLs are there to be fished by the MMs

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Quoting Abeylyn

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{quote} Bull failed to give traders an opportunity to make entry and is about to touch another Resistant Zone. The market is looking to cut traders head.

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Quoting Mitiblotch

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Long 3324.

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Quoting Mitiblotch

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GU may decide to just rotate here till month end. I won't sell if it's not below the most recent lower low at 314x. Above it I expect much higher.

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Quoting Mitiblotch

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{quote} TP here at 3357. +33 pips in the bag. {quote} You see? Price was deceiving peoppw to go short.

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Quoting Aigjoe

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{quote} @ 1.34XXX will be the mother of all sell order, if an H4 candle closes @ that spot in next 24hrs.

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