Prefer short zone = 1.24 can resume downtrend before reaching that. good to plan ahead.

Cable Update (GBPUSD)

always consider both bull and bear thoughts to be more profitable. 1) the bulls: bull flag in the making, 1.25 TP very possible. 2) the bears: lower highs could very well push down to 1.24.

Cable Update (GBPUSD)

EJ can long, can also short. 144 is critical.

Price Action Trading (PAT) - Amplifying Market Insights

consolidation. i shall wait.

Cable Update (GBPUSD)

USD weakness. USDJPY levels to watch?

Price Action Trading (PAT) - Amplifying Market Insights

Forex like GU is always tricky. Thus, always have plan b in place. different fibo levels for considerations. if all else fail, cut loss and move on.

Cable Update (GBPUSD)

GU can go both ways. long set up preferred upon trendline break.

Cable Update (GBPUSD)

GU longs favour shorts now. confirmed by weaker USD. TP: 1.24 and above (triple top)

Cable Update (GBPUSD)

UJ long setup.

Price Action Trading (PAT) - Amplifying Market Insights

trying longs to 133 - 134 as tp. 50 pips SL. main reason: hl and hh form at smaller TF.

Price Action Trading (PAT) - Amplifying Market Insights

High can get higher. image

Cable Update (GBPUSD)

EU looks strong yesterday and today. DXY is kept weak mainly as a result. Fundamental wise, traditionally raising rates should push the USD higher. However, it is the other way round now. Reason i read from news is that rate ceiling is closer now, ...

Cable Update (GBPUSD)

bull bear fight. not taking any position yet.

Cable Update (GBPUSD)

Pierced through without any pullback. Too risky for any longs now. Pullback is long overdue.

Cable Update (GBPUSD)

DXY too much selling. EU double top to provide last line of resistance.

Cable Update (GBPUSD)

this pair is in tight trading range.

Price Action Trading (PAT) - Amplifying Market Insights

"safer" short areas.

Cable Update (GBPUSD)

1.217 demand level. 1.22 supply level. level has broken, could be fake break. i will watch first.

Cable Update (GBPUSD)

bulls have the advantage now. nearest interest levels i see: supply 1.22 demand 1.214

Cable Update (GBPUSD)

EU and GU approaching 1.05 and 1.18 (liquidity areas or whatever they call it) High probability trades. UJ approaching 138. i See the rise too fast past few hours and feel a pullback might be due personally.

Cable Update (GBPUSD)