TF H1 critical price 1.2617. more likely if CPI comes out lower than consensus like i m expecting @4.1, another short opportunity to take today.

Cable Update (GBPUSD)

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Cable Update (GBPUSD)

oh sweety

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oh yess

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If CPI comes out @3.1 all this daily gain of cable will be blasted up in a blink of an eye

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overstretched move, i ' m shorting again

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the more i look at cable today the more seems 1.2595 will not hold, for the happiness of my shorts

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nice one, it missed only the last one DON'T SPAM, TRADE.

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in trading range PA, nothing better than Wyckoff analysis. There are enough candles to attempt a good anticipation of the next big move. Applied on TF H1, distribution schematic start lookin clear.

Cable Update (GBPUSD)

HOD @1.26303, but sadly only one of five orders triggered,i was expecting a new weekly high.. eventually i ll manually add on local highs on smaller TF (M1-M5)

Cable Update (GBPUSD)

placed pending orders from 1.2628 to 1.2636

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retracement according to TF H4 should end on cluster around 1.2630, i still see a heavy drop for cable

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brutal selling coming

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well i dont see any sign of reversal on yesterday daily low, more likely a retracement, i m selling to 1.2474

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closed @1.2518 and done for today. Nice loot for a silly monday

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extending TP2 on weekly MA50 @1.2515

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shorting to daily 200MA to ~1.2560 seems a good idea..

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Now that asian session is closed things well be more clear, for now only trapping retailers.

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GL

Cable Update (GBPUSD)