hawkish Yellen releasing the hungry bears

Cable Update (GBPUSD)

looks like we are heading towards today's opening price for the 4th time today...what a whipsaw

Cable Update (GBPUSD)

stay chill folks...let them finish the dice game and we will know who wins

Cable Update (GBPUSD)

Something is brewing looking at the current PA...

Cable Update (GBPUSD)

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Cable Update (GBPUSD)

bull trap? bear trap? or retailer trap?

Cable Update (GBPUSD)

or not...just checked and move is still intact if it continues its move from today's 61.8%...AB-CD move with target exactly at 6823 61.8% target

Cable Update (GBPUSD)

don't like the way it is moving now...guess gotta stay flat for a while...seems to be a tie between the 2 animals

Cable Update (GBPUSD)

be brave my boy

Cable Update (GBPUSD)

pffff...6638-6643 is a small hurdle

Cable Update (GBPUSD)

oh behave

Cable Update (GBPUSD)

its man hunting season

Cable Update (GBPUSD)

ahh couldn't put it in better words than google does url

Cable Update (GBPUSD)

its been discussed before hehe url

Cable Update (GBPUSD)

same sentiments here...we are still at daily overbought, it has to target 6605 at least, so slowly but surely 6670 will break, the question is when...2 cents

Cable Update (GBPUSD)

just to add, more than just a 38.2%, 6670 is also a confluence support area hence the strong rejection

Cable Update (GBPUSD)

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Cable Update (GBPUSD)

riding the wave...

Cable Update (GBPUSD)

Theoretically, 3 tests on the same level invalidates the support/resistance. Anything more just goes to weaken it further...2 cents

Cable Update (GBPUSD)

it happens when there's heavy volume transactions going on

Cable Update (GBPUSD)