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Cable Update (GBPUSD)

  • #482,141
  • Edited 9:07pm Jun 23, 2019 8:45pm | Edited 9:07pm
Why not?! Three times rejected going under 1.2650, EMA14 is above EMA26, also now is the 7th time trying to break 1.2750. Getting there, I will say.
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  • #482,142
  • Jun 23, 2019 8:52pm Jun 23, 2019 8:52pm
Quoting Bones
Hi Coreg , yea but I'd see the open, I'm looking and that takes the tl and last day despite being the range I think it's in a trend now I'm looking at the early open when I post and it looks bullish but it's early, let's see the open hours {quote} {image}
Bones, doesn't matter what technical tools we use, we should come to the same conclusion. I noticed earlier that we are very close with turning points and targets on our charts. ...Here you also have a valid point because who can say that retracement has to be bigger than 38.2%? I didn't want to overload my charts with a 3rd scenario which you perfectly marked on my charts. ...Nice talking to you Bones. I am out.
Attached Image (click to enlarge)
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Always trade your own plan...I don't provide trading signals.
  • #482,143
  • Jun 23, 2019 10:56pm Jun 23, 2019 10:56pm
Price edging up but this is such a bad place to buy. Looks like a great place to short due to heavy resistance zone but all the H4, D1, and W1 candles printed does not show rejection.
  • #482,144
  • Jun 23, 2019 11:06pm Jun 23, 2019 11:06pm
Quoting kelvinftg
Price edging up but this is such a bad place to buy. Looks like a great place to short due to heavy resistance zone but all the H4, D1, and W1 candles printed does not show rejection.

The 15 min candle at the opening would suggest a bullish continuation, but i have to agree with kelvinftg it's not a place to buy,??????

=
  • #482,145
  • Jun 23, 2019 11:16pm Jun 23, 2019 11:16pm
H1 looks like reversal rising wedge
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  • #482,146
  • Jun 23, 2019 11:18pm Jun 23, 2019 11:18pm
will let monthly closed and get bigger picture
not euphoria follower
  • #482,147
  • Jun 23, 2019 11:21pm Jun 23, 2019 11:21pm
Quoting NabhilaRS
H1 looks like reversal rising wedge {image}
pls post a diagram i dont see any pattern
  • #482,148
  • Jun 23, 2019 11:23pm Jun 23, 2019 11:23pm
Without correction? Just let it go for me.
  • #482,149
  • Jun 23, 2019 11:24pm Jun 23, 2019 11:24pm
Another scenario, back to 1.27500 then up again??
  • #482,150
  • Jun 23, 2019 11:28pm Jun 23, 2019 11:28pm
at 15 min chart
i will short if breaks that line down
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  • #482,151
  • Jun 23, 2019 11:33pm Jun 23, 2019 11:33pm
here comes the resistance, am adding some shorts 1.2762... SL 15 Pips...
follow the flow of music $
  • #482,152
  • Jun 23, 2019 11:33pm Jun 23, 2019 11:33pm
Inserted Video
  • #482,153
  • Jun 23, 2019 11:53pm Jun 23, 2019 11:53pm
Took short 1.27621
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2019-06-24 09.50.47_1.jpg Size: 95 KB
yes yes yes
  • #482,154
  • Jun 23, 2019 11:58pm Jun 23, 2019 11:58pm
Quoting ganam
here comes the resistance, am adding some shorts 1.2762... SL 15 Pips...
Can any one tell me the next support level to close..
follow the flow of music $
  • #482,155
  • Jun 23, 2019 11:59pm Jun 23, 2019 11:59pm
Quoting ganam
{quote} Can any one tell me the next support level to close..
1.27250
  • #482,156
  • Jun 24, 2019 12:00am Jun 24, 2019 12:00am
Quoting ganam
{quote} Can any one tell me the next support level to close..
1.2664
  • #482,157
  • Jun 24, 2019 12:00am Jun 24, 2019 12:00am
Quoting xristos2512
{quote} 1.27250
Thanks dear
follow the flow of music $
  • #482,158
  • Jun 24, 2019 12:02am Jun 24, 2019 12:02am
Quoting ganam
{quote} Can any one tell me the next support level to close..
look for a possible retracement to the 1.2605 / 1.2579 area my friend

EDIT there's another possibility as well, at the 1.2667 area
  • #482,159
  • Jun 24, 2019 12:03am Jun 24, 2019 12:03am
r1 1.27794
daily pivot 1.27103
s1 1.26748
s2 1.26057
s3 1.25702
  • #482,160
  • Jun 24, 2019 12:05am Jun 24, 2019 12:05am
Quoting Dingoman-two
{quote} look for a possible retracement to the 1.2305 / 1.2579 area my friend
On what chart do you see 1.23? Because looking at weekly and monthly, I only see 1.30 and higher...
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