[quote=Wavegarrick;15289492]With the previous highs broken and momentum on the daily time frame, impulse move to my yearly resistance 2 at 1.38843 becomes an ominous target. I could look to open a contrarian sell trade at 1.38843. Trade safe. ...

Cable Update (GBPUSD)

This one.

Cable Update (GBPUSD)

No, not this one.

Cable Update (GBPUSD)

juicy daily and weekly candles

Cable Update (GBPUSD)

yup, watching 3536 on the daily

Cable Update (GBPUSD)

What green news are you talking about? The latest news is red.

Cable Update (GBPUSD)

Yes. Actually, a little higher up is probably a better spot to watch PA.

Cable Update (GBPUSD)

Looking at the 1hr chart, that previous 1.35 support now has some liquidity for bears to use.

Cable Update (GBPUSD)

[quote=Wavegarrick;15276992] Good call

Cable Update (GBPUSD)

[quote=Wavegarrick;15269890] great work

Cable Update (GBPUSD)

Hope someone got some pips. Good bounce of 1.35 support favouring bulls IMO. Now back to bed.

Cable Update (GBPUSD)

bears really need a daily closing below 1.35 support

Cable Update (GBPUSD)

Decent spot for a short with a small stop if inclined.

Cable Update (GBPUSD)

Zebi’s target aside, (if) it confirms in the manner I have in mind, then you probably don’t want to know the target zone I have a mental note about. I like having targets, but learning to be flexible as events unfold is my goal.

Cable Update (GBPUSD)

Your 5 month chart shows TL confluence at 1.35 Resistance zone.

Cable Update (GBPUSD)

Makes no difference to me. if it confirms I will go short, if it doesn’t I won’t. TBH, from a swing trading view, I feel I have finally learnt that trading on what actually happens rather than what I think will happen is what will give me better ...

Cable Update (GBPUSD)

Really need to close next week below 3415

Cable Update (GBPUSD)

that’s a juicy weekly candle

Cable Update (GBPUSD)

3480 looks like a ticket number on the 1hr

Cable Update (GBPUSD)