Could you explain the validation and entry point of this strategy? Is this correct? image

Cable Update (GBPUSD)

GU H4 GMT+2 Following the trend on the H4, the last outside bar triggers to step on bearish side, targeting the first demand on the W1 and the fib. 1.6 extension on M30 from yesterday. Sell .2476 SL .2798 TP .2639. RR ~2 50% close and BE ~2700 Good ...

Cable Update (GBPUSD)

GU H4 GMT+2 arriving previous month demand, buy limit .2785 SL .2756 TP .2964. BE and 50% close ~2880 till short scalp close at demand... good luck! image

Cable Update (GBPUSD)

and what do you think, what is the current situation and why?

Cable Update (GBPUSD)

Moty, Will you buy more at your at your daily pivot S1? And I can see your target, but where is your loss level?

Cable Update (GBPUSD)

I was triggered when H1 turned to be bearish, and I am also waiting for H4 to turn bearish. If it happens, I will strength shorts targeting fib extensions 2.618, 4.236. That is the plan. RR shouldn't be less than ~1.6! Of course, if H4 can turn to ...

Cable Update (GBPUSD)

this form is a valuable setup!

Cable Update (GBPUSD)

Lower timeframe than... ? I think you were triggered. Where have you set SL?

Cable Update (GBPUSD)

What about SL ??? Or infinite stop?

Cable Update (GBPUSD)

GU D1 GMT+2 In terms of weekly and daily RSI divergence, let's bet for previously formed bearish engulfing. sell stops 2x .41437 .41078 sl .4258 invalidating price close above ~4258 tp1 and BE .40502 tp2 .3964 tp3 .3832 rr > ~2 good luck! image

Cable Update (GBPUSD)

Sell stops haven't been triggered, delete, not valid anymore, look for another signal!

Cable Update (GBPUSD)

GU H4 GMT+2 Following the trend on the H4, after three black crows, assuming the trend continues. 3x sell stop .3836 invalidation price close above ~3895 sl .3895 tp1 and BE .3764 tp2 .3689 tp3 open rr > 1.6 good luck! image

Cable Update (GBPUSD)

tp1 hit, use BE! image

Cable Update (GBPUSD)

Delete sell limit of the bearish belt hold 50%, it is not valid anymore. image

Cable Update (GBPUSD)

GU H4 GMT+2 After weekly bulls reached their target, possible bears impulse is coming. H4 long trend and trendline broke by bearish belt hold. 2x sell stop .3902 1x sell limit 50% bearish belt hold .3923 invalidation, close above ~3950 targeting ...

Cable Update (GBPUSD)

GU H6 GMT+2 Assuming the short trend continues, step on the bear's side because of the previous doji. 3x sell stop .3888 sl .3933 tp1 and BE .3832 tp2 .3764 tp3 open rr > 1.7 good luck! image

Cable Update (GBPUSD)

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Cable Update (GBPUSD)

TP1 -> use BE .3895 image

Cable Update (GBPUSD)

GU H6 GMT+2 After weekly target ~1.4 and H12 reaching target ~1.4 again, it seems the bulls are tired. Following the bearish engulfing on H6 Sell stop .3897 SL .3958 1st TP and BE at .3830 2nd TP .3764 3rd TP ~.3600 rr > ~1,5 Good luck! image

Cable Update (GBPUSD)

could you explain your signal for short?

Cable Update (GBPUSD)