would like the compression to finish and short from higher rough sketch

Cable Update (GBPUSD)

about to close 9xR

Cable Update (GBPUSD)

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Cable Update (GBPUSD)

maybe

Cable Update (GBPUSD)

Its bearish, going for liquidity below the last swing low 0.7170, you can target 0.71800, however some bounce from 0.71921-0.72224 first, sell the rally. Sell at 0.73ish is best, or 0.7282-92

Cable Update (GBPUSD)

Ya I mentioned last wk, I think this is underway

Cable Update (GBPUSD)

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Cable Supply & Demand Intraday

Broadly agree..but let's see what happens and react to it Anything north of 1.35 gets punted into the long grass pretty quickly What happens on week beginning 29th

Cable Update (GBPUSD)

Happy Birthday, Jolita, hope its a great one

Cable Update (GBPUSD)

You're one of the top traders on the thread you'll make it back easily next week

Cable Update (GBPUSD)

Can you explain this, is it because it's making a HL and HH on H4?

Cable Update (GBPUSD)

I dont think it can break 1.3550 man crash incoming anything can happen etc, i dont really like forecasting but do it anyway

Cable Update (GBPUSD)

Nah not yet Expect another cycle down GU can get to around 1.3150-1.33 sort of area DXY up to 97 Then bull I see there's compression on 15m up to the flipzone/SBR-- another tumble down ?

Cable Update (GBPUSD)

Hello the x isn't relevant as a multiplication, it's just showing the two sides of the market, bid and ask. 13x0 shows 13 contracts on the bid side, zero on the ask. This gives a point of interest as it's an imbalance. It is shown on the footprint, ...

Cable Supply & Demand Intraday

just to retest broken structure, can be filling gaps in price too, it was a rapid sell off watch 3459 or 3469 i think either of those will resist

Cable Update (GBPUSD)

demand 64-77 may act as flipzone

Cable Update (GBPUSD)

All the comments looking for fundamental reasons -- you can capture this whole drop on technicals alone, it was all there. Friday a big move is not uncommon on cable Also remember GU in a downtrend and Dollar in uptrend, if you're a good trader ...

Cable Update (GBPUSD)

Quick note on imbalances in forex, I think a crucial concept to grasp if you're a daytrader or even swing trader imbalances created when there is a rapid movement in price and leave unmatched orders at particular prices the algo which controls price ...

Cable Update (GBPUSD)

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Cable Update (GBPUSD)

We reached critical H1 supply, 61.8 retrace of last swing, downtrend resuming, plus its FRIYAY

Cable Update (GBPUSD)