38.2 retrace around 6220 by the way

Cable Update (GBPUSD)

Hold shorts until 38.2% retrace on daily probably get their this session if next GBP news is not good. Then looking for continuance to the Daily 200ema which is sitting right at 50% retrace at around 6050. Anyone any ideas?

Cable Update (GBPUSD)

I agree, the daily 200ema looks like a logical target

Cable Update (GBPUSD)

Man, 65 for sure, it wants to retest the weekly 200ema. After that I'm not sure except that overall GBP weakness could see a big short down to the daily 200ema which is a logical area of support

Cable Update (GBPUSD)

Zig Zg — Hi guys, I like Zig Zag and I love scalping the 5min charts. I use it in combo with TOP TREND and Heikin Ashi. Basically, when TOP TREND is showing an uptrend, I wait for a ZZ down trend line to print. This is when I start paying ...

profitable Zigzag