1300? Explain

Cable Update (GBPUSD)

Crash is easier than rise... I have learnt not to have too strong bias in this market but this time I don't just see how it won't drop anywhere from this current 1.2770/1.2800 area to at least 1.2300. Lets all wait and let time decide these outcomes. ...

Cable Update (GBPUSD)

It needed to catch this 1.2770 area before bearish move can now be fully sustained... The bearish breathe is imminent from here 1.2778/1.2800 level then down to 1.2300 minimum.

Cable Update (GBPUSD)

No explanation?

Cable Update (GBPUSD)

June 2013....year 2013... June 2020... Year 2020. That's the copy script also known as trade plagiarism.

Cable Update (GBPUSD)

Bears time of dominance is here, short anywhere here (1.2740) - 1.2770 area for a target of 1.2300. Held my short positions at 1.2570 and 1.24 levels. Now my last sell at 1.2740 all target set at 1.2300. This is a marathon trade that might become a ...

Cable Update (GBPUSD)

Playing out as anticipated... Better sell zone at 1.2770 area.

Cable Update (GBPUSD)

The most comfortable place to sell is 1.2770/90 region... Lots of up and down moves before fomc tomorrow. My bias is still tilted for a drop to 1.2300 but selling will be very stable once price hits 1.2770/90 area. Will not be surprised if the ...

Cable Update (GBPUSD)

660 pips move already from low, can do 720 pips move being a target at 1.2790 area before 800 pips gradual crash. Classic example is June 2013.

Cable Update (GBPUSD)

Thanks shahab8b....this is helpful

Cable Update (GBPUSD)

1.2790 max before crash back to 1.1980

Cable Update (GBPUSD)

Price dropped by 400 - 550 pips on different occasions which is what validate it as a double top but got broken yesterday which led to the question of where the top could be.. I believe more in detailed explanation of price movements than chart ...

Cable Update (GBPUSD)

Well said

Cable Update (GBPUSD)

This month price surge is weird, no single drop point this month already 407 pips up. Similar to June 2013, October 2018, April 2018 and December 2016 which all went up 270 - 500 pips before crash below the opening price by 50 pips or more which is ...

Cable Update (GBPUSD)

Hey stubborn stalker... It did jump to 1.35 last December.... Remember. ?

Cable Update (GBPUSD)

I'm in too

Cable Update (GBPUSD)

337 pips is the maximum weekly range in the last 13 weeks, it's already 329 pips so far... Reversal anywhere between 1.2670

Cable Update (GBPUSD)

The end of buying... Major resistance broken and stops triggered to 1.2663 so far. Failure here the Bears will dominate for extended period of time.

Cable Update (GBPUSD)

A break of 1.2645 is certain invitation of 1.28 but considering the weekly range is already 310 pips so far, 1.28 will be a step too far. Should this 1.26 level hold then 1.22 will happen quickly and aggressively. This is the third consecutive week ...

Cable Update (GBPUSD)

Exactly my thought process.... Weekly range is completed

Cable Update (GBPUSD)