Just watch the price. Where is R and S? Which pattern is forming? We have another leg up in the end on Hourly Chart. To have better chance of predicting the price, it's useful to look at other pairs including USD. For example go and look at 15M ...

Cable Update (GBPUSD)

Haha sorry. I got ahead of myself..

EURUSD only

On 15M Chart we have the R taken out and this current candle retesting possible new S former R. If we now get confirmation candle from London Open then it's a Buy. Look for engulfing candle pattern now on 15M Chart.

EURUSD only

On H4 price has touched the potential R. We still don't know if this R will hold or not.. we need price acknowledging the R, retesting and we need confirmation candle. You're either early or too early.. we'll see.

EURUSD only

Correctly identifying where R and S zones are is crucial. Not messing this up is the most important thing. Then patience.. It's hard when you don't know what to look, not as hard when you know what to look for. Takes time to learn it, but it's quite ...

Cable Update (GBPUSD)

USD tanking. Price falling pretty convincingly on USD/JPY. Who said trading was hard? Yeah, it was me I guess haha..

Cable Update (GBPUSD)

Few more pips and price has reached 1.2030.. Let's see the reaction now..

Cable Update (GBPUSD)

So far price is going in the right direction despite CPI data. Down!

Cable Update (GBPUSD)

So far, with information gathered from many pairs including USD, Shorting USD should be correct. Yes.

EURUSD only

Price retested R (former S) on USD/CHF Daily Chart. Yesterday R was established and now we are waiting for potential confirmation candle which is already forming.

Cable Update (GBPUSD)

On Hourly Chart watch for 1.2030 level. It's either going to be another leg up or we will have the M Pattern and price returning to 1.1905.

Cable Update (GBPUSD)

You have the price establishing Support on H4 Chart with price testing and another candle confirming Long. Will post the Chart later.

EURUSD only

Price pushing through the S1 on USD/JPY on Hourly Chart at the moment.. Meanwhile, price on EUR/USD seems to have tested Support on H4 Chart and we had confirmation candle for going Long. All in all, shorting USD seems to be the choice today with ...

Cable Update (GBPUSD)

Not much happened during Asian Session.. Let's see what London has to say in an hour. We should get some action on London Open, there are a lot of news today.

Cable Update (GBPUSD)

Still nothing really.. DXY somewhere in the middle and GBP/USD as well, price not really going anywhere.. When I get Home I will share the chart and first trade in 2023. Today is Wednesday and today is the day to start off this year.

Cable Update (GBPUSD)

Noo.. I am actually waiting to go Long long-term. I need to see ~127 first.. otherwise, I wont trade this pair. I think USD is oversold at this point, but need the price to hit Support first.. entering here around 130 is.. I don't know, ...

Cable Update (GBPUSD)

That means Support on DXY will fail. It's very possible we will see one more Weekly leg up before the big Sell starts again. That another Monthly leg down could start with GB's recession. We'll see, let's see how this Weekly candle will close first, ...

Cable Update (GBPUSD)

Nice and clean charts. This colour combination is really good! Easy on the eyes..

Cable Update (GBPUSD)

If my analysis is correct, we will witness another leg up on Hourly TF and then big drop probably during Fed Meeting Minutes.. We'll see..

Cable Update (GBPUSD)

DXY at Support! BE ON THE LOOKOUT FOR POTENTIAL RETEST OF THE S NOW AND THEN CONFIRMATION CANDLE! This is getting interesting, while the S didn't hold at first, we have an overreaction from Bulls. Bulls denied S to become R and there was no ...

Cable Update (GBPUSD)