surely it is possible, but daily ATR(14) @79 suggest at least 25 more pips down from here

Cable Update (GBPUSD)

in case u haven t noticed, you aer buying the weakest currency amongst the majors. GL

Cable Update (GBPUSD)

TF H1. Sell climax [SC] reached @1.2231 and after automatic rally [AR] to figure 1.23 currently making secondary test [ST] before passing phase A to phase B. I m expecting PA for the next days (72/108 hourly candle) in range 1.2323<>1.2221. bear ...

Cable Update (GBPUSD)

DX. posted this forecast almost a month ago image updated at today

Cable Update (GBPUSD)

for me shorts restart @1.2329, just patient and even a temporary drawdown doesnt scare me, mark down still on going

Cable Update (GBPUSD)

well, mark down started, will continue to soer even in M1 highs

Cable Update (GBPUSD)

we have daily SMA 200 there too, let s see if touched alarms already setted

Cable Update (GBPUSD)

usually i don t use wyckoff on intraday TF but here it is image

Cable Update (GBPUSD)

After failed to reach 1.2424, for what i see in PA, this ranging on TF H1 starts looking as a re-distribution, phase D is about to conclude, i m expecting an intraday mark down to figure 1.23 and below. Last LPSY is in 1.2380 area

Cable Update (GBPUSD)

critical price to the upside 1.2424, prolly a london false breakout where i m planning to place some shorts

Cable Update (GBPUSD)

file the best book u can read imho. And believe me i ve read a lot of them

Cable Update (GBPUSD)

curiously, pound this morning seems to have more strenght against swiss franc respect dollar and euro, in my analisys i always check the behaviuor between these major currency to have a clue.

Cable Update (GBPUSD)

enjoy the fall till it lasts i ll hold for the next 5 hours

Cable Update (GBPUSD)

broadening formation on TF M30, bought @1.2495, targetin 1.2562

Cable Update (GBPUSD)

looted hourly candle, must be careful to short, speculators are leading PA

Cable Update (GBPUSD)

oh well seems still a buy to me going in for 1.2550

Cable Update (GBPUSD)

actually is just a local high on TF H4, on my charts critical price to the downside is 1.2483, have to check once touched.

Cable Update (GBPUSD)

banked @1.2524.

Cable Update (GBPUSD)