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Cable Update (GBPUSD)

  • #453,721
  • Jul 28, 2017 3:08am Jul 28, 2017 3:08am
Quoting sat007
yes it may hit 1.308 before US session then based on US data market moves I guess.
The secondary target objective at 1.3080 hit lets see if 1.3085 will reach.... actually below the 1.3068 is a breakout zone to the downside, ifs its gonna invalidate its gotta be now with the opportunity...
  • #453,722
  • Jul 28, 2017 3:09am Jul 28, 2017 3:09am
Quoting Trade-G
On the M1 we have a bullish breakout in progress, TP 1.3085
ok this is really interesting. Bullish breakout on M1, what was the resistance it broke out from and it will take some news from us session to get there.... As said by sat...
  • #453,723
  • Jul 28, 2017 3:10am Jul 28, 2017 3:10am
Quoting Trade-G
{quote} The secondary target objective at 1.3080 hit lets see if 1.3085 will reach.... actually below the 1.3068 is a breakout zone to the downside, ifs its gonna invalidate its gotta be now with the opportunity...
how many pips targets are we talking about..?
  • #453,724
  • Jul 28, 2017 3:17am Jul 28, 2017 3:17am
Quoting NMZee
{quote} how many pips targets are we talking about..?
1.3073 breakout zone target 1.3085, I don't trade M1 timeframe as of now, but looking for clues for reversal to the upside, else its at a bearish zone
  • #453,725
  • Jul 28, 2017 3:20am Jul 28, 2017 3:20am
Ok another push on the M1 front x fingers, this if successful shd bring us up to target
  • #453,726
  • Jul 28, 2017 3:21am Jul 28, 2017 3:21am
1.3085 seems to be fair target next one hour
  • #453,727
  • Jul 28, 2017 3:35am Jul 28, 2017 3:35am
Its squeezing for a more violent move.... and its in my hope for the attraction towards 1.3091 and then 1.3105
  • #453,728
  • Jul 28, 2017 3:51am Jul 28, 2017 3:51am
Everything looks stacked against Cable, so bearish isn't it...
  • #453,729
  • Jul 28, 2017 3:58am Jul 28, 2017 3:58am
hit..wow it still on the ride
  • #453,730
  • Jul 28, 2017 3:59am Jul 28, 2017 3:59am
Quoting Trade-G
Its squeezing for a more violent move.... and its in my hope for the attraction towards 1.3091 and then 1.3105
Hit, now is it so much to ask for more
  • #453,731
  • Jul 28, 2017 4:02am Jul 28, 2017 4:02am
If we get stopped at 1.3105 like a wall, we have a H1 bearflag object in place
  • #453,732
  • Jul 28, 2017 4:02am Jul 28, 2017 4:02am
Alternative scenario we meltup all the way and invalidate the bearflag
  • #453,733
  • Jul 28, 2017 4:18am Jul 28, 2017 4:18am
An insurance policy in place shorts at 1.30982
  • #453,734
  • Jul 28, 2017 4:20am Jul 28, 2017 4:20am
lol
  • #453,735
  • Jul 28, 2017 4:22am Jul 28, 2017 4:22am
Quoting sat007
lol
  • #453,736
  • Jul 28, 2017 4:34am Jul 28, 2017 4:34am
Saw a bearish formation on the M1 front above todays pivot at 1.3091, give it a bit more time to see how it pans out.
  • #453,737
  • Jul 28, 2017 4:53am Jul 28, 2017 4:53am
Quoting Trade-G
Saw a bearish formation on the M1 front above todays pivot at 1.3091, give it a bit more time to see how it pans out.
Bearish formation playing out slowly, TP 1.3079 1st target or alternatively it turns from here 1.3085 for a push up...
  • #453,738
  • Jul 28, 2017 4:56am Jul 28, 2017 4:56am
The bearish pattern is quite weak actually
  • #453,739
  • Jul 28, 2017 5:02am Jul 28, 2017 5:02am
Quoting Trade-G
{quote} Bearish formation playing out slowly, TP 1.3079 1st target or alternatively it turns from here 1.3085 for a push up...
1st target 1.3079 thereabout reached
  • #453,740
  • Jul 28, 2017 5:10am Jul 28, 2017 5:10am
Quoting Trade-G
An insurance policy in place shorts at 1.30982
Insurance policy protects lol.... tricky part now
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