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Cable Update (GBPUSD)

Quoting Sang.Real
GU Scalping short SNR rejection Level {image}

GU

Waiting for Tokyo

Waiting for price action at SNR Level.
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Today seems a drop to 1.3800s in the cards, this time taking EU with it, while base above 1.3910 and we're probably back to 1.3940s
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
Quoting babayaga
she wanted 1.39 at any cost she got it now what?
3800!!!!
If you are new to Forex? Say Goodbye to your account!!
Quoting KiwiTrada
{quote} 3800!!!!
she has to break 1.3828 first

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we are in the middle of classic PP
"worst case scenario"

possible targets for two Wolfe W patterns.,, 1.3800th (down), 1.3990 (up)

we never know what a day will bring us...

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dolce vita
in addition
from myfxbook
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neither does help
dolce vita
Inserted Video


see you later
dolce vita
Quoting babayaga
{quote} she has to break 1.3828 first {image} {image} we are in the middle of classic PP "worst case scenario" possible targets for two Wolfe W patterns.,, 1.3800th (down), 1.3990 (up) we never know what a day will bring us... {image}
39 - 38 is only 100 pips, if I was targeting 3800 , 38518 is 4hr previous low(and doji), 1st eyeball, 3828 is as good a time as any to get out, however if target is lower partial and trailing stop 38518ish I would prefer, that 4hr doji needs negating first
If you are new to Forex? Say Goodbye to your account!!
  • Post #583,968
  • Quote
  • Edited Mar 16, 2021 12:11am Mar 15, 2021 11:15pm | Edited Mar 16, 2021 12:11am
Good morning Everybody
Interesting situation is being played out
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Quoting KiwiTrada
{quote} 3800!!!!
how do you see the situation with gold..
yesterday 13 points range .. waiting for fomc?
Keep it simple, stupid.
Quoting KiwiTrada
{quote} sort of indication hrly has weak inverted H&S 4hr ugly daily doji, this could become reversal pattern time will tell, I am trading it, r/r is excellent, entry was cheap:-) small gap to close right now, if it does I will be adding entry
hrly looking a little better, time of day not helping, 4hr is now diamond, yesterdays daily doji still influencing pa, patience patience
If you are new to Forex? Say Goodbye to your account!!
Quoting gatenio
{quote} how do you see the situation with gold.. yesterday 13 points range .. waiting for fomc?
edited
only real data tomorrow morning, gold 4hr is in resistance zone top of present range, 1734 20 1 tapping now, bottom of range 1733 71 is bear pennant presently, so sticking with shorts until top of range is broken
If you are new to Forex? Say Goodbye to your account!!
Quoting KiwiTrada
{quote} only real data tomorrow morning, gold 4hr is in resistance zone top of present range, 1734 20 tapping now, bottom of range 1733 71 is bear pennant presently, so sticking with shorts until top of range is broken
edited
gold 1739 06 - 1747 36 is my marker resistance, it was previous resistance march april may last year
If you are new to Forex? Say Goodbye to your account!!
Quoting gatenio
{quote} how do you see the situation with gold.. yesterday 13 points range .. waiting for fomc?
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1.38526-1.28628 supported
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Quoting Sang.Real
{quote} GU Waiting for Tokyo Waiting for price action at SNR Level. {image}
GU

My view on this pair

Just to share my view.

Can price fill up the gap later this week or tomorrow ?.

Need to monitor the price action

Maintain one position at the moment.

Any view or comment are welcome for educational purposes only.

Thanks

Sang Real

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buying between 3372 and 3350

EDIT : between 3870 and 3850
Intraday only.
Quoting navk
buying between 3372 and 3350
you mean 3850 3872?
Quoting navk
buying between 3372 and 3350
Thanks Navk.

Deep fall if not free fall.

Will scalp my way and all the way to the bottom.

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Quoting babayaga
in addition from myfxbook{image} neither does help
from myfxbook

during asian session it's changed a little bit ( position swapped their places )

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do we feel better now?

dolce vita
Quoting Sang.Real
{quote} Thanks Navk. Deep fall if not free fall. Will scalp my way and all the way to the bottom. {image}
made error in numbers.

i mean buying between 3870 and 3850
Intraday only.
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