Seems that they were indeed more interested in the short. -Prophet

Cable Update (GBPUSD)

image -Prophet

Cable Update (GBPUSD)

@Moty appears the shorts are more interested in the 1.3800-1.3780 zone as of now -Prophet

Cable Update (GBPUSD)

It looks like your Sold on the bull move Moty, No short interest to 1.3800 first? -Prophet

Cable Update (GBPUSD)

It would simply be the top or bottom of the average daily range meaning on average once the pair has moved that far in a day it doesn't tend to run more, aka safe TP because in theory the odds are less in your favor to continue than reverse. -Prophet ...

Cable Update (GBPUSD)

On its way -Prophet

Cable Update (GBPUSD)

You will see 1.3675 before big money fuels the rocket. -Prophet

Cable Update (GBPUSD)

To update this and be more exact look for the 90.67 price point for your reversal -Prophet

Cable Update (GBPUSD)

yes

Cable Update (GBPUSD)

Nice reversal confluence to the upside (institutional retracement level & end of open FVG) which would mean a further continuation in this retracement on GU. Looking at the 90.55-.75 area, particularly the 90.75-65 area for it turn around and ...

Cable Update (GBPUSD)

Messy chart but quite the clean arrow. To make a long story short looking for this bearish move to continue and clear a couple open FVG with my eye on the .4045 area for a reversal because of there being a key confluence there of an intstitutional ...

Cable Update (GBPUSD)

image Closed my short position at 1.3730, just like I said before at the end of that 4hr pool it would be a key reaction. Once it began wicking on a smaller timeframe showing signs of reversal I entered long with a 25pip SL and my first TP at ...

Cable Update (GBPUSD)

Looking short till 1.3730 then will be watching it’s reaction as that’s where a key 4hr pool will be cleared with a confluence right near the bottom of the daily ADR. With that being so expect it to be a key reaction zone, it will either reject and ...

Cable Update (GBPUSD)

The bullish momentum right now is very strong, especially with it being a GBP bank holiday coinciding with the DXY melting my bias is still bullish. But for those looking to the short side hoping to catch the retracement I am looking for reversal ...

Cable Update (GBPUSD)

If there is a correction to the downside tonight I will be looking to take another long position with an entry around 1.3726. As an order I would use around a 30 pip SL looking for 100-150 pips

Cable Update (GBPUSD)

To add the that I would like to refer to The Black Swan by Taleb and never say never, and with that being said everything I just said could be all wrong and the market could go on to do the complete opposite. What I share is not insight neither are ...

Cable Update (GBPUSD)

Im not sure what you mean by explain why because its more a visual if you can identify it on the price chart. There is a very key zone of support around 1.3674(@center) but the wicks past were not just tests but also completed an older daily FVG ...

Cable Update (GBPUSD)

4Hr Liquidity pool was cleared and it can be seen on the 1hr chart (both the liquidity clear and the rejection off the top of the pool). I now expect it to correct to the downside and clear some of the liquidity that was formed from todays uneven ...

Cable Update (GBPUSD)