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-   -   Cable Update (GBPUSD) (https://www.forexfactory.com/showthread.php?t=10378)

Moty Apr 8, 2019 12:03am | Post# 476101

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THE DROP IS COMING
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masudsardar Apr 8, 2019 12:54am | Post# 476102

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Cable

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Generally on daily timeframes, if draw a trend line along the highest price value, it shows that
today's price probably goes to up at 1.3160 or meet the double top level at 1.3190. Another side,
the Bollinger bands(mid. line) also meet the trend line. So, it is considered that the price
most probably
goes to the 1.3160/1.3190.


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On weekly timeframes, if draw a trend line along the highest peak, it shows that today's price probably
goes to 1.3120. And if draw Fibonacci on the previous weekly candle, it shows that, if the price retrace 61.8
per cent of the previous weekly candle so the price has to go on towards 1.3110/1.3120. Another side 1.3121
has a resistance level. So, it is considered that the price most probably goes to 1.3110/1.3120. If the
price breaks the resistance level(1.3120), then the price probably goes to 1.3160/1.3190.


Moty Apr 8, 2019 12:56am | Post# 476103

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15m
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Aleksbuk Apr 8, 2019 1:45am | Post# 476104

Inserted Video

Moty Apr 8, 2019 2:12am | Post# 476105

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Cable {image} Generally on daily timeframes, if draw a trend line along the highest price value, it shows that today's price probably goes to up at 1.3160 or meet the double top level at 1.3190. Another side, the Bollinger bands(mid. line) also meet the trend line. So, it is considered that the price most probably goes to the 1.3160/1.3190. {image} On weekly timeframes, if draw a trend line along the highest peak, it shows that today's price probably goes to 1.3120. And if draw Fibonacci on the previous weekly candle, it shows that, if the price...
I think that we are going to see a retrace of 50 up to 61.8 % of friday's daily candle , and then a drop to low of last week , 1.29770
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PatienceFx Apr 8, 2019 2:56am | Post# 476106

THE DROP IS COMING {image} {image}
which skirt where :O

PatienceFx Apr 8, 2019 3:08am | Post# 476107

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may take a short trip to support land
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Moty Apr 8, 2019 3:09am | Post# 476108

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{quote} which skirt where :O
I don't care which skirt , as long as it's not mine.
They have already drppdro mine twice in the past two weeks, and I'm fed up
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masudsardar Apr 8, 2019 3:13am | Post# 476109

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may take a short trip to support land {image}
ME TOOClick to Enlarge

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DailyChart Apr 8, 2019 3:17am | Post# 476110

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Artawidi Apr 8, 2019 3:24am | Post# 476111

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Small buy

Endrju Apr 8, 2019 3:33am | Post# 476112

Hi! Just bought at 1.3050, with tight 15 pip stop, tp 1.31 which coincide with hourly MA's. I kind of think that there will be more positive headlines that will lift pound, of course everything at the end will hang on the deal's voting and EU's decision. I suppose there is still optimism that something is going to get agreed

PatienceFx Apr 8, 2019 4:04am | Post# 476113

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DailyChart Apr 8, 2019 4:10am | Post# 476114

{image}
Watching PA around 1.3133 - 1.3196

PatienceFx Apr 8, 2019 4:19am | Post# 476115

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am i expecting too much ?
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gezis Apr 8, 2019 4:54am | Post# 476116

{quote} am i expecting too much ? {image}
Chin up,i'm expecting at least .3400

Moty Apr 8, 2019 5:39am | Post# 476117

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I don't understand your bias.
Price is under 26 ema and 26 ema band is under 50 ema , you need to look for short set up . Imo Click to Enlarge

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Eur/gbp is going to break up .
Above weekly and daily pivot Click to Enlarge

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datdle Apr 8, 2019 5:44am | Post# 476118

this pair now is very choppy.! the best way is stand out side

knkie Apr 8, 2019 6:18am | Post# 476119

I don't understand your bias.
im with youon this one moty...
selling 1.3050

masudsardar Apr 8, 2019 7:55am | Post# 476120

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Buy stop =1.3075, TP=1.3100, SL=1.3035
Sell stop =1.3035, TP=1.3010, SL=1.3075
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