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Cable Update (GBPUSD)

D1
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Grit; Knowledge; Consistency; all you need to overcome & KIS!!!
Quoting Wavegarrick
{quote} Hi Guys, It has been a turbulent week, nevertheless, a clearer picture emerges for me. It is almost certain unless something totally unexpected happens that we will close the week below 1.3700.,,,,,,,,,,,,,,,,,,,,,,, 1.3650 is a certain target for me. My yearly pivot is at 1.3649 and the line in the sand between bulls and bears for this year. My future weekly pivot at this point also lies there. I will closely watch a break of my ascending trendline next week which currently aligns with 1.36500. I do suspect a strong push-up but remains...
Hi Guys,
I am in with some sell trades from 1.36857 with 35 pip stop losses. I am getting short confirmation signals from a 4 hr perspective. My weekly pivot at 1.36512 is an attractive first target at this point.
Have a great week,
Cheers.
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Trade to Trade another day.
3699 limit though may agin try test , still test short ok , with breakout level 3669 watch for good signal down
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not euphoria follower
GU Daily,

Bit overbought, trend switching bearish, longer view would tend to the downside
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The pattern is here
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"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
GBPUSD good view on short, keep my position at least to the end of this week. Good luck guys
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Real 2 All Time Return: 254.1%
Quoting Wilczur
GBPUSD good view on short, keep my position at least to the end of this week. Good luck guys {image} {image}

trendline is beyond just drawing

you need to look for the recent highs and also if there is any false breakout
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I NEVER LOSE/=I EITHER WIN OR LEARN
Quoting donfriday
{quote} trendline is beyond just drawing you need to look for the recent highs and also if there is any false breakout {image}
trendline can be draw bad but USDX has jumped from support, it is crucial. I dont need draw trendline very very strictly proper.
Real 2 All Time Return: 254.1%
cca 1.3652 is support, so slowly with shorts
Quoting Wilczur
{quote} trendline can be draw bad but USDX has jumped from support, it is crucial. I dont need draw trendline very very strictly proper.
1year price action 2021 data.
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I NEVER LOSE/=I EITHER WIN OR LEARN
Quoting Robinhood1
{quote} I think your PP will reverse down 13820/50
Hey Robinhood,
Greetings. Can you explain the reverse down please. Also, it isn't my PP. It is market PP
Quoting donfriday
{quote} trendline is beyond just drawing you need to look for the recent highs and also if there is any false breakout {image}
Have you considered that some candlesticks of various brokers differ a bit and therefore can affect the TL drawings?
Quoting Nd10
{quote} Have you considered that some candlesticks of various brokers differ a bit and therefore can affect the TL drawings?

thats a big question

some traders only use the closing price to draw TL



the look of the candle is not necessary to TL as the OHLC
its the trader that use the look of candlestick as confirmation which is often the closing price but as you know everyone is doing what work for them as long as u have your own money u are ur own boss flexing muscles on ur PC..lol
again thats why i always prefer to use RN because if u bring out 10 traders they may have different ways to trade it but never different how to draw a RN horizontally, I have been looking for 10traders that have equal support and resistance and yet to find .
I NEVER LOSE/=I EITHER WIN OR LEARN
Coming down nicely on wave 5 on H4 chart, you cant get it clearer than this. The break line sits at 1.3654. Good luck
It's a break mf
Go go go to 1.36200
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Came too late to the party, it cuts through a good line at 3667. Too late for tears.
Quoting donfriday
{quote} thats a big question some traders only use the closing price to draw TL the look of the candle is not necessary to TL as the OHLC its the trader that use the look of candlestick as confirmation which is often the closing price but as you know everyone is doing what work for them as long as u have your own money u are ur own boss flexing muscles on ur PC..lol again thats why i always prefer to use RN because if u bring out 10 traders they may have different ways to trade it but never different how to draw a RN horizontally, I have been looking...
Exactly. Abeg clear me. Wetin b RN
Hope for some respite at 3654 after close of current H1 bar.
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