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Cable Update (GBPUSD)

  • #481,181
  • Jun 12, 2019 12:32pm Jun 12, 2019 12:32pm
Hello every body
I think it will go up until weekend
Reasons:
1. in weekly we are in oversold position
2. we are exactly on weekly trend
3. we have very nice and clear on H4 pattern H&S that target 1.2840

I hope success in your trades
  • #481,182
  • Jun 12, 2019 12:34pm Jun 12, 2019 12:34pm
market makers just manipulated the prices.. nothing much, waiting to profit from the cable inevitable come back (bull).
  • #481,183
  • Jun 12, 2019 12:38pm Jun 12, 2019 12:38pm
4hr support at 2680
Intraday only.
  • #481,184
  • Jun 12, 2019 12:40pm Jun 12, 2019 12:40pm
Quoting navk
4hr support at 2680
i see, we closing the day with a bear candle..
  • #481,185
  • Jun 12, 2019 12:49pm Jun 12, 2019 12:49pm
Quoting evycrypto
{quote} i see, we closing the day with a bear candle..
yes.

there is a possibility of a pull back as long as 2680 is not broken.
Intraday only.
  • #481,186
  • Jun 12, 2019 12:54pm Jun 12, 2019 12:54pm
dx h1
gu h1
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GU H1.png Size: 36 KB
yes yes yes
  • #481,187
  • Jun 12, 2019 1:01pm Jun 12, 2019 1:01pm
I must have been reading the news wrong all these days. Why is Cable selling even after USD Core CPI m/m data was red?

Update: Federal Budget Balance is Red too yet no signs of recovery.
when you can accurately predict the future, you leave nothing to chance.
  • #481,188
  • Jun 12, 2019 1:08pm Jun 12, 2019 1:08pm
Quoting zizoo
I must have been reading the news wrong all these days. Why is Cable selling even after USD Core CPI m/m data was red? Update: Federal Budget Balance is Red too yet no signs of recovery.
its called accumulation.

Inserted Video
  • #481,189
  • Jun 12, 2019 1:37pm Jun 12, 2019 1:37pm
Looking at PA.
Buy limit looking to buy around 1.2670 handle......
Let's see...
SL 40 pips
4&1 All Time Profit: $37,496
  • #481,190
  • Edited 2:11pm Jun 12, 2019 1:51pm | Edited 2:11pm
Quoting DailyChart
{quote} I am Won at London close today when most of people going Long .. But I am not Happy...For What I am happy If I am right today ? It Doesn't Matter IF Ur analyse its right or wrong But They Key is To be Remain Humble when You are Right and Review Your Problems/Mistakes when Your are Loss
IF Price respected the Resistance lines with 1 Full Candle Consolidate away |HINT| Then
The Next Support Level Is

1.2558 & 1.2620
  • #481,191
  • Jun 12, 2019 2:23pm Jun 12, 2019 2:23pm
sorry for yesterday,thx for understanding and second change,im short any ideas it will go further down?2650 great resistance,i had tp 2653 but didnt heat and boosted up few days ago,im afraid if not take profits now,will happen again,moty nice analysis,hope got profits before results of noon voting
  • #481,192
  • Jun 12, 2019 2:27pm Jun 12, 2019 2:27pm
h4 +5m

if price retrace to 1.27100-1.27200 , i will come back to my balance at the start of the week and from there i will start over
Attached Image(s) (click to enlarge)
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yes yes yes
  • #481,193
  • Jun 12, 2019 2:34pm Jun 12, 2019 2:34pm
the last 2 days asia trade time was bearish and the morning turned bullish,im very curious how market will react asia night and london tommorow,nice 4h analysis
  • #481,194
  • Jun 12, 2019 6:07pm Jun 12, 2019 6:07pm
Quoting Moty
h4 +5m if price retrace to 1.27100-1.27200 , i will come back to my balance at the start of the week and from there i will start over {image} {image}
Hi Moty only for thinking
your buys are in an absolute pain zone.
The chart is only for a better understanding
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_13.png Size: 122 KB
aka Liquinvest
  • #481,195
  • Jun 12, 2019 6:42pm Jun 12, 2019 6:42pm
Quoting Moty
h4 +5m if price retrace to 1.27100-1.27200 , i will come back to my balance at the start of the week and from there i will start over {image} {image}
Why do you buy the high? Be carefull always when you buy the high. If M5 back below EMA, better close it, and entry another signal.
  • #481,196
  • Jun 12, 2019 6:48pm Jun 12, 2019 6:48pm
Today will be good for bear.
First after brexit vote and tariff US for China.
But, always prepare if any bull come back.
  • #481,197
  • Jun 12, 2019 7:39pm Jun 12, 2019 7:39pm
GBP gets good support here
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 18 KB
  • #481,198
  • Jun 12, 2019 7:47pm Jun 12, 2019 7:47pm
Quoting major.
GBP gets good support here {image}
See H1 or H4. It break TL
Attached Image (click to enlarge)
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  • #481,199
  • Jun 12, 2019 8:51pm Jun 12, 2019 8:51pm
We need to get above the 1.2763 in order to take out/ touch the high of 1.2865 area then see a strong reversal that should retest the low at 1.2559 area,

As you can see it is retesting the new channel i posted the other day, and this is an area to keep an eye on, IMHO

Just my best guess folks so please trade wisely.

Attached Image (click to enlarge)
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  • #481,200
  • Jun 12, 2019 9:07pm Jun 12, 2019 9:07pm
Today I'm bearish side
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