No havent closed my short if EO and DirtSerb are correct then H&S should give us more momentum down, i will add a short on the right shoulder

Cable Update (GBPUSD)

I was just about to say; "certainly looks like its happening for now! well spotted both of you. Im just gonna add another short when its finishing the right shoulder " But since starting to type it looks like 1.493x area is still holding on for ...

Cable Update (GBPUSD)

Suppose it could do, would be like a tilted head and shoulders, but i wonder if it can get through 1.4935 to do it?

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shhhh, dont say that you'll make it go back up! wait till im closed out first now that weve taken a big run up 1.4735 or 1.4670 would be nice, i know i know im being greedy

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im not closing any shorts until were through if that helps

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Very good advice! The least riskiest way of getting involved, which is def needed in this volatile market

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If so many people watch it and use it then it will work, like fibs. Ive been watching it but not using it, but you can add me to the list now!

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not quite still gotta get through 1.493x thats a tough one!!

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Yep that level might need ram raiding to get through

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1.493x seems strong area once throgh there should be some more down

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Then I cry into my cornflakes

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I have been adding shorts too so this better go down

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I blame the footsie and range trading

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A big red one next to it will look nice to i reckon

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that is one BIG green bar on the 1HR

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14735 14670 are my targets, maybe I should have said a trickle down rather than explosion

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im expecting downward explosion

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great time to short now i would say

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I dont expect this to last long

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cheers guys footsie broke through but next fib is only round the corner 4151. hopefully wont get past, i went in early at 4818 and got stopped out will have to wait and see again for next level and see what happens, right this second footsie os ...

Cable Update (GBPUSD)