Cable Update (GBPUSD)

this is not making any sense

So ugly that i need to Seattle with 30 pips in the crazy gu that give everyday a atr of close to an 100.
When eg that is less aggressive,gave today 60 .
Next time i will divide my position between them .
I am so upset ,bec bebecau i was right , and didn't earn from that .

30m

GU + EG H1

On the H4 Chart

I will buy if the following:

- blue EMA intersects with the red EMA
- Trend gets broken and new candle opens above the trend
- Momentum above 100
- trend is already bullish with higher highs and lower lows

TP 40 pips
SL 40 Pips

oooopssssss

https://www.forexfactory.com/showthr...4#post12199604
The same providing supports 2959/73/85 intact try to get the tl 3125,good level 3151 and confirmation breakout level 3196.
Usdx loose it's very strong bull stance, classical bull still can do from around 96.55 but futher tank as looks likely another leg down then constitute weak bull setup mainly for pullback to failure mode.
Continue long to see 3125 first, while "be " already shifted to just below 3049, need break 3080/86 areas to smooth up. Waiting.
Take care
Fontu

false Breakouts may happens in inner trend lines

imho will be on sell side.

1hr gbp inner line testing

add long

H1+15M

H1+H1

Time for BigBoys

GU bellow 2960 target 2550 possible.

The drop is here

GBP/USD:

plan for the European session on April 9. Buyers cautiously return to the market

To open long positions on GBP/USD, you need: Buyers of the pound managed to gain a foothold above the resistance of 1.3070, but good news on Brexit is needed to continue the upward trend. Only this will update the highs at 1.3112 and 1.3160, where I recommend fixing the profit. In case of GBP/USD decline in the first half of the day below the level of 1.3070, you can open long positions on the rebound from the low of 1.3034, and best of all from the area of 1.2988, which coincides with the monthly lows. To open short positions on GBP/USD, you need: Bears will seek to return to the support level of 1.3070, which will lead to a larger scale of the pound in the area of the lows of 1.3034 and 1.2988, where I recommend fixing the profit. In the pound growth scenario, only the formation of a false breakout in the resistance area of 1.3112 will be a signal to open short positions. In a different scenario, selling GBP/USD is best on a rebound from the high of 1.3160. Indicator signals: Moving Averages Trading is just above 30 and 50 moving averages, but it is too early to talk about the formation of a new uptrend. Bollinger Bands In the scenario of the next wave of the pound decline, the support will be provided by the lower limit of the indicator around 1.3034.

Attached Image (click to enlarge)

Description of indicators MA (moving average) 50 days – yellow MA (moving average) 30 days – green MACD: fast EMA 12, slow EMA 26, SMA 9 Bollinger Bands 20

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

collected

GBPUSD

Pending Order:
Buy Stop= 1.3105, TP= 1.3145, SL= 1.3065
Sell Stop= 1.3025, TP= 1.2985, SL= 1.3065

I had enough from this choppy move.
I start taking profit after 20 pips.
All day i i'm with the same position,20 pips up , be , 20 pips up ,be.
45 minutes ago a closed my first trade of the day for 20 pips gain .
Now i am in the second.

3035 -> 3180

h1

GBP/USD

Trade Recommendations:

Any bullish pullback towards 1.3160 should be considered for another SELL entry. TP levels to be located around 1.3020 then 1.2950 - 1.2920.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

collected