adetola99 replies to: Cable Update (GBPUSD)

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{quote} GU D1 GMT+2 previous touch of YPP some bears realized and bulls step on the long side. longs BE and stops accumulated under it. do not fight the trend! yesterday momentum means the bears back and maybe the YPP ~3048 will be broken. sell stop .3064. invalidation close above ~3217. first book at half of last year ~2823. targetting at confluence of monthly demand and YPS1 ~2439… rr > 1.6 good luck! {image}

GU D1 GMT+2

it seems the YPP ~3048 is broken, the YPS1 ~2439 is coming.
bet for the bearish comression!
sell stop .2997.
invalidation close above ~3129.
some realization and BE at half of the previous year ~2823.
targetting ~2439 confluence of monthly demand and YPS1 ~2439…
rr > 1.3

if it was trigger, there is possibility to fill the missing monthly average range today and book….

good luck!

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