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Cable Update (GBPUSD)

  • #458,441
  • Mar 9, 2018 6:34am Mar 9, 2018 6:34am
Quoting Trade-G
We also have a broadening structure in thick blue lines, also a possibility. The bearish hourly structure will keep it to 1.3850 thereabout. However today is Friday, the bearish week play should be coming to a close soon. {image}
Thank you a lot for this info about this broadening structure.I didn't notice it.Very important.
  • #458,442
  • Mar 9, 2018 6:35am Mar 9, 2018 6:35am
my plan
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot - 09_03_2018 , 19_32_10.png Size: 27 KB
  • #458,443
  • Mar 9, 2018 6:36am Mar 9, 2018 6:36am
Quoting Jugoslavija
{quote} Thank you a lot for this info about this broadening structure.I didn't notice it.Very important.
No problem.... hope it helps
  • #458,444
  • Mar 9, 2018 6:44am Mar 9, 2018 6:44am
Lets see H1 chart again, bearish structure intact, if it does not breakout then the reverse can happen
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD-H1-T16.png Size: 34 KB
  • #458,445
  • Mar 9, 2018 6:44am Mar 9, 2018 6:44am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 48 KB

#GBPUSD #HOLD #SELL
  • #458,446
  • Mar 9, 2018 6:50am Mar 9, 2018 6:50am
Quoting paraivagas
{image} #GBPUSD #HOLD #SELL
Your envelope looks good
  • #458,447
  • Mar 9, 2018 6:53am Mar 9, 2018 6:53am
As I wrote in the morning,level 1.3788 is very important.Now it seems we will have push upwards over 1.3830 towards 1.3911.Then pullback and consolidation below 1.3911 until end of the day.
  • #458,448
  • Mar 9, 2018 6:54am Mar 9, 2018 6:54am
Quoting Trade-G
Lets see H1 chart again, bearish structure intact, if it does not breakout then the reverse can happen {image}
sat007 yesterday we were talking about the bearish hourly structure where it pushes back up to test the top again. Actually the breadth shows it peaked with a lot of trapped buyers on top, so it was a good short position.... coincidentally it was my M5 bearish setup and it happened.... what was your call ?
  • #458,449
  • Mar 9, 2018 6:55am Mar 9, 2018 6:55am
while thats a bearish looking monthly id be careful what the shaven means ,
on the way down it gapped under that level
Attached Image (click to enlarge)
Click to Enlarge Name: 61 monthlyScreenshot 2018-03-09_12-49-38.png Size: 92 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #458,450
  • Mar 9, 2018 7:02am Mar 9, 2018 7:02am
Ok daily pivot crossed now lets see what happens
  • #458,451
  • Mar 9, 2018 7:05am Mar 9, 2018 7:05am
Quoting Trade-G
Ok daily pivot crossed now lets see what happens
RSI at 50, lets see this hour how it pans
  • #458,452
  • Mar 9, 2018 7:10am Mar 9, 2018 7:10am
Quoting Trade-G
{quote} RSI at 50, lets see this hour how it pans
One more attack on 1.38 during the news still possible.If 1.3787 breaks than we are again bearish.
  • #458,453
  • Mar 9, 2018 7:10am Mar 9, 2018 7:10am
Quoting Bones
while thats a bearish looking monthly id be careful what the shaven means , on the way down it gapped under that level {image}
It has hair I saw
  • #458,454
  • Mar 9, 2018 7:13am Mar 9, 2018 7:13am
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  • #458,455
  • Mar 9, 2018 7:58am Mar 9, 2018 7:58am
Attached Image (click to enlarge)
Click to Enlarge Name: 70 GBPUSD-4-hours.png Size: 42 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #458,456
  • Mar 9, 2018 8:04am Mar 9, 2018 8:04am
Quoting SweetRevenge
{image}
That is a good channel down but where is your daily chart trend line which is going upwards, look for it, price could not break that ,so w r on a uptrend on daily basis
  • #458,457
  • Mar 9, 2018 8:14am Mar 9, 2018 8:14am
thanks for all the advise
me and my team are taking notes...

Quoting magicpips
{quote} That is a good channel down but where is your daily chart trend line which is going upwards, look for it, price could not break that ,so w r on a uptrend on daily basis
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #458,458
  • Mar 9, 2018 8:23am Mar 9, 2018 8:23am
Quoting magicpips
{quote} That is a good channel down but where is your daily chart trend line which is going upwards, look for it, price could not break that ,so w r on a uptrend on daily basis
Daily

Attached Image (click to enlarge)
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  • #458,459
  • Mar 9, 2018 8:26am Mar 9, 2018 8:26am
Quoting Bones
thanks for all the advise me and my team are taking notes... {quote}
lol
  • #458,460
  • Mar 9, 2018 8:28am Mar 9, 2018 8:28am
Quoting Bones
thanks for all the advise me and my team are taking notes... {quote}
Bones, thanks for leading our Bank Proprietary Team LOL
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