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Cable Update (GBPUSD)

Quoting footprint
last two hours of accumulation has a positive cumulative delta. could be profit taking ofcourse. changed my mind on a straight drop due to this looking for a rise to 1.2690-1.27 to sell. tough time to find an entry tbh. still bearish.
same, limit in at 1.27140, doubtful we will see a ~50 pip move up to that level this close to christmas though
Quoting aa4fx
{quote} just did that too as you hint it, maybe 2050 stop or …
Finally, not comfortable having it as for the end of the year I thought it will stay at a high level, no one need cash at this time.
I’ll just take a cheap coffee from and this is it, stop at be 2041,7 … I will get rid of it anyway
?!? Profit This Year: -€20
Quoting azhantahir
Just representing myself. GOLD Swing till 2024. Trade safe {image}
D1 / Multi TF H1/M15

Updated Gold Swing. Still waiting. I just prefer Sell Stop if available. Just a personal opinion.
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Look right, we'll see the signs
Quoting aa4fx
{quote} just did that too as you hint it, maybe 2050 stop or …
no stop..its just little..but target 2000
...like the 30min before it 1hr too saw a classic 'reversal candle' close outside the 20bol, although unlike 30min was not o/s, had reached the lower 20 level on that osc however. 2674 is where the prev 5min sw lo zone referred to earlier extends up to.

1hr below
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Intraday swinger @ 30min+ supp/res, & 5min+ sbr/rbs, via 1min+ set-ups
Quoting voeltoez
little short gold for fun 2041
just for fun
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People don't plan to lose. They lose because they don't plan.
...5min bearish hidden div pattern invalidated as one osc dipped below it's zero axis...15min hasn't set-up (yet?)

1hr below
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Intraday swinger @ 30min+ supp/res, & 5min+ sbr/rbs, via 1min+ set-ups
Patience is a powerful strategy in trading, infact you stand the chance to grow rapidly if you master it.
MY OPINION NOT FINANCIAL ADVISE
add 2nd short 2680 , last next 2700 for 2600
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Quoting ScalaFX
{quote} just for fun {image}
yep, that’s how it starts … I give or take the lunch.
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?!? Profit This Year: -€20
Quoting Moty
{image}
Come on mister 200 ema band
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Quoting Yngwie
Long 1.2654 SL 1.2644
Hit BE 15p
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
just rejected VWAP. i think however we're going to raise above that high just made in the afternoon. will wait for that before sells.
Quoting voeltoez
{quote} no stop..its just little..but target 2000
little it starts, bigger it gets…. It will be a full course menu if I’ll give it.
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?!? Profit This Year: -€20
Quoting azhantahir
{quote} D1 / Multi TF H1/M15 Updated Gold Swing. Still waiting. I just prefer Sell Stop if available. Just a personal opinion. {image}

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Look right, we'll see the signs
I didn't changed my strategy for a whole day , time to new materials
When large trend followed by smaller i wait for the main trend to resume and enter
Short waves still control
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Quoting Pat Chiko
{quote} Imppossible. How does you/Maheee know all the CPI data one day before it release?. I'm sure you got some leaked somewhere.... {quote} GBP USD Sterling falls as UK CPI data vindicates market posturing on rate cuts {image} {image}
GU

update on scalping position
Partial TP
Move positive stop.

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I come from the future.
What day it is ?

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I come from the future.
REPOST the earlier Price Action analysis. + the chart. Posted on 17th December ,2023

Quoting Pat Chiko
GU Technical Outlook on Price Action NOTES : The Bank's Monetary Policy Committee (MPC) voted in favour of keeping the rate steady, with six members of the nine-strong committee were in favour of maintaining, and three calling for a further increase of 0.25 percent.
Point: Holding rates steady might be tempting now, but delaying cuts for too long could be counterproductive.
The Risk of Delay: Leaving rates high for too long can:
Stifle economic growth:
Higher borrowing costs discourage businesses and individuals from spending and investing, slowing...
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I come from the future.
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