Cable Update (GBPUSD)

Quoting Bones

Disliked

its small range no trend, can go anywhere in that range but on a major pivot , then on the bottom a major major area in an oversold condition

Ignored

Quoting Gilaforex13

Disliked

{quote} May be 1 more go to bottom then up.

Ignored

Quoting Neil0163

Disliked

{quote} Hey buddy how's tricks? It could be however I'd want to see a strong close above 1.2760 then a weak pullback, my bias is down though looking on the daily timeframe price made a lower low and has pulled back to 38.2 fib, drop down to the 4 hour we've had the counter trend line break which I've shorted. First TP 1.2360 then second at 1.21

Ignored

Quoting Ayax.TSS

Disliked

#GBPUSD /Daily / Three Ideas{image}{image}{image}

Ignored

Quoting Marcieny

Disliked

"when everyone thinks the same is because in reality no one is thinking". Walt Lippman Is that phrase true?

Ignored

Quoting catuman37350

Disliked

{quote} hahaha... it means... "common sense"?

Ignored

Quoting Bones

Disliked

ok Neil looks like a classic pattern to me, but still= need development consolidation there is bullish ,imo don't say I missed a great sell I love selling this pair lol I could say fundamentally a last-ditch attempt by parliament could be driver, only probably it's futile in the long term, id be a super bear again at 1.3 {quote}

Ignored

Quoting Neil0163

Disliked

{quote} So this is what I have drawn up, if it breaks that 38.2 it will break the previous structure level I'll then look for the pull back and the retest to take the long (this is a weekly Fibonacci I've drawn up as you can see the 38.2 is a strong rejection area with all those spikes in a strong downtrend or up trend we expect the 38.2 too hold, going down to the 4 hour you can see the purple counter trend line has been broke quite aggressively, I've took and aggressive short you can wait for a retest I suppose but hey. That's my outlook I've...

Ignored

Quoting xristos2512

Disliked

{quote} please can you explain here?there are many lines,which candle respect any of them?i dont see any except 2-3 candles at the 1.2770 you burned or waited the price dorp with 100 pips drow down?there are fibo levels but there are show nothing the candles until nown did not respected the fibo levels,i respet of fibo trading and you using them,but you said you would eat your hat,beacuse i posted a stochastic and macd bullish crossover in daily, this picture show a bearish chanell with lines you draw,at 1.2770 you knew that it would reverse? anyway...

Ignored

Quoting Guztro

Disliked

{quote} Hi xristos2512, my trading style is Elliott Wave predominantly, but what makes Elliott Wave powerful is combining it with Fibonacci. In my view, there's an incomplete Elliott Wave down move on the monthly, the level I expect price to bounce off is 1.23525. That may seem like a long way down, but that is what my analysis is showing. The H4 graph I posted is only part of the move down. The bearish channel is the start of the move down, this week will either confirm or disprove my analysis as flawed. Guz

Ignored

Quoting Zorrander

Disliked

Waaww.. all people here never sleep...

Ignored

Quoting Not-KPMG

Disliked

You know my previous posts ? Add NO LIQUIDITY THIS SUMMER! ! Trade veeeery safely. I'd say short. {image} {image} {image}

Ignored