Yes, except that while you believe 3073 shall prove stubborn, I believe it is destined to 3048 but will take it one at a time

Cable Update (GBPUSD)

Re-entered Short 3102, SL 3140, TP1 3070. The bears are in firm control

Cable Update (GBPUSD)

The bulls are making the trip to 3070 torrid. Will PA get there? Of course, it will because an old H1 average swing hi is there. Meanwhile, EMA 200/H4 is sitting at 3048 and that might be saying something

Cable Update (GBPUSD)

After retracing that spike down, the bearish M5 run has resumed with the bear support at 3125. Shorted 3120, SL 3143, TP1 3070

Cable Update (GBPUSD)

PA has closed below M5 average thus ending this phase of M5 bullish run. Bulls beware because the bears have showed up

Cable Update (GBPUSD)

The M5 bullish run that began at 3117 has clocked 50 pips and still counting

Cable Update (GBPUSD)

The M5 average at 3138 has produced another bull support on the retrace and so the M5 run is resuming. 3180ish here we come, all things being equal

Cable Update (GBPUSD)

This kind of run guarantees 50 pips. The run actually began at 3117 with the bull support (confirmation) at 3125. I remain very grateful to Nala66, who taught me this concept and also to Aki (Akim0895) who also taught me the EMA aqua-coloured band ...

Cable Update (GBPUSD)

The bull run has started on M5 with the bull support established at 3125 (thanks to Nala66). Hope the Iranian brohaha does not disrupt it.

Cable Update (GBPUSD)

I concur. There is an old H1 swing average at 3140 and since yesterday's US session, the bulls have been unable to wrestle it. But they are looking good at the moment.

Cable Update (GBPUSD)

The bulls are tops for now. The bullish RSI divergence on M15 is doing its job

Cable Update (GBPUSD)

I wish you well too. All that is important is for all of us in this forum particularly, to reck in the pips always

Cable Update (GBPUSD)

The bulls have recaptured the M5 average. Let's see how much ammunition they have left

Cable Update (GBPUSD)

Different strokes for different people. You trade waves and so the H1 bullish engulfer may not mean much to you. For today, it is not likely that the bears will finish on top. We might have seen the low of the day at 3094

Cable Update (GBPUSD)

The bulls are yet to surrender

Cable Update (GBPUSD)

H1 just said the bears are still in it. If 3095 does not stop them, then they are back truly

Cable Update (GBPUSD)

Now that the bears have been pacified, the bulls can now enjoy their ride

Cable Update (GBPUSD)

GU is an expert at deceiving the market but the bearish RSI divergence on H4 should give the bulls the jitters.

Cable Update (GBPUSD)

3148 appears to be the cap for the moment. If the bulls don't shoot it down, the bears will re-surface

Cable Update (GBPUSD)

GU has taken a direction. Won't be surprised to see 3150 in a short while

Cable Update (GBPUSD)