The three soldiers were game all right. They not only prevented the bears from getting back to the H1 average, they forced out (even though unconvincingly), a new day's high for the bulls

Cable Update (GBPUSD)

Congrats

Cable Update (GBPUSD)

As long as you are raking in the pips, it is great. Meanwhile, the bulls have got tired once again. The last time was 6 hours ago when they got to 2702. Thereafter, they crash landed to 2673 only to spring up again for no explicable reasons. Is the ...

Cable Update (GBPUSD)

Just back to the platform. The TF in consideration here is H4. However, on M30 is a bearish spinner that has been negated. It is an indication that PA will test the WR 38 pivot at 2729

Cable Update (GBPUSD)

Yes, the candles are different

Cable Update (GBPUSD)

With that bearish engulfer and long wick? Wish you goodluck

Cable Update (GBPUSD)

Here is my own H4 chart. It's singing bears. Infact, it's saying a trip to the H4 average at 2586 is in the works. Am at the sidelines at the moment, waiting to strike.

Cable Update (GBPUSD)

So, it was a decoy. The bears have recaptured the M5 average

Cable Update (GBPUSD)

The run-up to 2690s occurred but not what the bears were expecting. All of a sudden, we have a signal for a bullish run with a bull support intact on M5! The bears need to re-claim the M5 average at 2683 to re-assert themselves.

Cable Update (GBPUSD)

M15 has closed above EMA 50 meaning we should expect a run up to 2690. Wish it it can be higher. The three white soldiers on M15 has given the bears away.

Cable Update (GBPUSD)

Out at 2673 (M15 average); hope to get a better shot upstairs

Cable Update (GBPUSD)

It's obvious the bulls are now tired. I wish they can do a last-gap push to 2700 to enable me get a better short. Am not satisfied with the 2685 that I got

Cable Update (GBPUSD)

For the bears, the three bullish soldiers on H1 is an issue but let's see what happens when PA gets down to the H1 average at 2671

Cable Update (GBPUSD)

Now they have got the 2700 they are looking for, yes, they; can we now have our 2600?

Cable Update (GBPUSD)

PA has closed below EMA 200/M15. So, even if we go back upwards, 2600 is now on the radar. Meanwhile, PA is presently at another decisive point: EMA 50/H1 (2646)

Cable Update (GBPUSD)

H1 has closed with a bearish engulfer but it also closed above the H1 average which is at 2670. In effect, the bears may be bossing PA for now but caution should be the word. For me, it means clearing out once we get to the now nearby DP. Meanwhile, ...

Cable Update (GBPUSD)

Yes. Aki's lower band and EMA 1440 both at H4 are at 2663. They may cause some ruffles but the DP at 2659 is a certainty, minimum. I will add more shorts if makes any upward trip

Cable Update (GBPUSD)

Closed my shorts momentarily. PA is now at H1 average (2670). Will it continue to the DP at 2659 or will it go back up. South is favoured but we shall soon find out. So, we are continuing the bearish song; in again at 2670

Cable Update (GBPUSD)

M5 has signaled the commencement of a bear run

Cable Update (GBPUSD)

I believe you have exited that long. H4 has closed with a bearish hanging man and on M15 is also a bearish engulfer. A bearish run is in the offing

Cable Update (GBPUSD)