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Cable Update (GBPUSD)

  • #461,841
  • Jul 6, 2018 9:28am Jul 6, 2018 9:28am
Quoting Trade-G
It has its target set at 1.3308 region, but hey I can be wrong.... trend target about 1.3400 region... but its weekend..... bye....
Holding tight my small long from 1.306,1.307..
  • #461,842
  • Jul 6, 2018 9:35am Jul 6, 2018 9:35am
Quoting Nala66
{quote} There is a swing average high close to that at 3390 on the 1 hour but there will be plenty of trades on the 5 min prior to that. I don't have daily pivots in my tool box so I cannot track what you are saying.
If H4 can hold on to its up its trying to have a decisive clearing of the Monthly Pivot. M5 bearish setup holding on to dear life
  • #461,843
  • Jul 6, 2018 9:37am Jul 6, 2018 9:37am
What I hate about brokerage charts, the bearish close exactly at the support line .... hahhaha
  • #461,844
  • Jul 6, 2018 9:42am Jul 6, 2018 9:42am
Quoting Trade-G
{quote} A trend is not over until it is over bro...
keep adds a sell for me below 1.3289️
just for a cup of coffee...
  • #461,845
  • Jul 6, 2018 9:44am Jul 6, 2018 9:44am
Holding to dear life...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 44 KB
  • #461,846
  • Jul 6, 2018 9:46am Jul 6, 2018 9:46am
Quoting akim0895
{quote} keep adds a sell for me below 1.3289️
Scalps on retrace why not
  • #461,847
  • Jul 6, 2018 9:52am Jul 6, 2018 9:52am
Testing R1 turn support... ok be good.... gonna have Earl Grey with scones with plenty of blueberries and clotted cream.... bye..
  • #461,848
  • Jul 6, 2018 10:23am Jul 6, 2018 10:23am
Quoting Trade-G
{quote} As long as the resistance now support at R1 stays support more upside, my views, M15 is not a flag
I think it is unless it backfires completely
  • #461,849
  • Jul 6, 2018 12:43pm Jul 6, 2018 12:43pm
1.3320 next stop if all goes well
  • #461,850
  • Jul 6, 2018 2:17pm Jul 6, 2018 2:17pm
The GBPUSD is boxed between the 1.3200 level and the 1.3300 level, but the bearish trend is still in place. The 1.3400 level may act as resistance and the 1.3100 zone is still its most relevant support.
  • #461,851
  • Jul 6, 2018 3:18pm Jul 6, 2018 3:18pm
Quoting trademark
The GBPUSD is boxed between the 1.3200 level and the 1.3300 level, but the bearish trend is still in place. The 1.3400 level may act as resistance and the 1.3100 zone is still its most relevant support.
1.3360 - 1.3400 is a possibility too..I guess Monday now
  • #461,852
  • Jul 6, 2018 6:40pm Jul 6, 2018 6:40pm
Quoting Nala66
The bulls now have support across the board my guess now on the 5 min is that it will go for the 3286 I am not in this trade though...done for the week.
And where did it end up … Exactly 3286
  • #461,853
  • Jul 6, 2018 10:46pm Jul 6, 2018 10:46pm
Pattern of up structure complete, higher high on Friday as promised, the upper target is still not tagged. Lets see how it pans out next week. Although we have bearish trend on the higher timeframeD1 and above, H1 is bullish and D1 or H24 is now deemed as pullback until otherwise proven wrong. Why short now when you can short later when it is high, but then when its high it may mean something else in place..... we will see.. have a great weekend...
Attached Image (click to enlarge)
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  • #461,854
  • Jul 6, 2018 10:53pm Jul 6, 2018 10:53pm
Quoting Suj
1.3320 next stop if all goes well
It could well be yah...
  • #461,855
  • Jul 6, 2018 10:57pm Jul 6, 2018 10:57pm
Quoting Nala66
{quote} And where did it end up … Exactly 3286
Bro post it up when you have the chart in place, peering into Nala's crystal ball...
  • #461,856
  • Jul 6, 2018 11:27pm Jul 6, 2018 11:27pm
When Philippides ran to deliver the news, of what was the result of the battle on ground (which already has been decided) it is like the Rice Merchant in Japan who saw the strong daily demand imprinted like a Marubozu a reflection. When you receive the news, you have receive the 'reflection' and will no longer profit from it. Same as the battle of waterloo, Bankers profited from it because he had the early advantage and acted correctly. Hence as chart traders ought we not do the same?
  • #461,857
  • Jul 7, 2018 2:21am Jul 7, 2018 2:21am
i hope it still bull to 1.33419
  • #461,858
  • Jul 7, 2018 4:57am Jul 7, 2018 4:57am
Daily:
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD-D1-2018-07-07_11-51-21.png Size: 73 KB


H1:
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD-H1-2018-07-07_11-53-40.png Size: 70 KB
you are not expected to understand this
  • #461,859
  • Jul 7, 2018 6:43am Jul 7, 2018 6:43am
Quoting Nala66
The 3273/3286 looks on the cards for today. The average has already previously failed to break the 3286 so my guess is this is going to be a new attempt. {image}
Hey TG you having a brain fart or something... The above was posted on the 5th, long before the event. Sorry I could not post before Philippides ran the marathon but I was a tad busy in the bath working on a problem with gold.

Next up target on the 1 hour chart is 3390
  • #461,860
  • Jul 7, 2018 9:24am Jul 7, 2018 9:24am
bear still strong but a leg up probable with break & hold 1.3314 with signals 1.3345 & 1.3617 if . week open close may hit 1.3300 or 3314 at best but a correction seems ok to 1.3200 or down1.3100 ? anyway take care in all situation , more resistance soon. fontu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 46 KB
Click to Enlarge Name: GBPUSDH1.png Size: 44 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
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