The neckline above. Eur/Gbp looking bullish as well.

EURUSD

Not to be rude, but this is the neckline. Take care in drawing your lines.

EURUSD

I only trade cable but I am realizing that a few other pairs fit my analysis better (pivot points) so I will not be around here as much. I wish you all the best in trading.

Cable Update (GBPUSD)

Triangle price trap. It has completed 5 waves so a break in either direction can be played. Preferably to the downside.

Cable Update (GBPUSD)

I still favor the down side short term. Here's my analysis for now, very simple. We sold off and retraced 50%. Double topped there (blue arrows) and found support at the weekly pivot and a prior level identified by the white box (very easy for you ...

Cable Update (GBPUSD)

Common get there!

Cable Update (GBPUSD)

I calculate my pivots based on 00:00 GMT. I posted the pivot and median indicators below.

Cable Update (GBPUSD)

I am looking to short in the white area on my chart. Hourly 21/55 EMAs along with daily pivot and 38.2 retracement. If 1.4645 hold, this plan remains...if not, I will redraw the fib accordingly and go from there. The zone is 1.4745/65.

Cable Update (GBPUSD)

Fresh cross on the hourly. 21 ema crossed below 55 ema. Look to sell short if price re-visits either moving average based on your rules! Cheers.

Cable Update (GBPUSD)

Look to short near 1.4750

Cable Update (GBPUSD)

Between 4115 and 4165. Major support. This ride down is fun!

Cable Update (GBPUSD)

In at 1.4722, covered now at +5 ... Hope some of you caught that.

Cable Update (GBPUSD)

I like to be safe during these times .. the extra 60 pips I could have made are no match for the potential 200+... But yes, I like when many of us see similar things on our charts and propose similar targets.

Cable Update (GBPUSD)

The retracement we are looking for may be shallow. The projection on this flag is about 280 pips. About 1.4440 (61.8 fib as well). Daily 21 at 4470 and 55 ema at 4430. My target on this trade will be 4500 even and then wait to see what happens from ...

Cable Update (GBPUSD)

Thanks! ... Im waiting for more confirmation to keep selling short this week. The move down from monthly R1 and prior resistance looking left on the chart is the first indication. Next is a 21/55 cross to the down side and short we go!

Cable Update (GBPUSD)

Currently sitting in a Doji on the 4-hour 21EMA.

Cable Update (GBPUSD)

4470/4500 expect a bounce from the daily 21/55 EMAs.

Cable Update (GBPUSD)

Congrats to everyone who called the short bus. We fell nicely from the montly R1 pivot. Booked a nice 200 pips today short from 4930 .. Damnit I love support and resistance.

Cable Update (GBPUSD)

Also, M15, H1 and H4 MACD's are all bearish diverging.

Cable Update (GBPUSD)

Here's another view for you guys. Some notes about the chart: Dotted Blue Line - Monthly R1 Pivot (1.4872) Vertical Red Line - Start of April White Box - Resistance Looking Left (1.4875-1.4985) OsMA - Bearish Divergering 21 EMA (blue) crossing above ...

Cable Update (GBPUSD)