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Cable Update (GBPUSD)

  • #502,141
  • Nov 1, 2019 9:21am Nov 1, 2019 9:21am
H4 is very strong..
  • #502,142
  • Nov 1, 2019 9:23am Nov 1, 2019 9:23am
Quoting MXT
{quote} this is what is going on , but as always it takes time to complete and then all of a sudden , when nobody believes in that any longer and nobody expects it , it blasts and explodes to the upside unexpectedly could happen next week , this is why it ' s important to keep an eye on both the intraday and the multiday
Needs more volume. I pointed out 2950-3000 as a resistance zone, not just a line level and every 10 pips move is a pain in the asssss within. The whole zone of resistance will be blown away in a single 1H or 4H candle. The question is when, dont wanna wait for 3 months to happen
  • #502,143
  • Nov 1, 2019 9:25am Nov 1, 2019 9:25am
M30 is making a LL-HH formation.
This usually signal ranging behavior that ends in a triangle.
in wondering about yourself, you forgot what you came here to be part of
  • #502,144
  • Nov 1, 2019 9:25am Nov 1, 2019 9:25am
Quoting blackjacker
{quote} Needs more volume. I pointed out 2950-3000 as a resistance zone, not just a line level and every 10 pips move is a pain in the asssss within. The whole zone of resistance will be blown away in a single 1H or 4H candle. The question is when, dont wanna wait for 3 months to happen
I agree need more volume to going up
  • #502,145
  • Nov 1, 2019 9:26am Nov 1, 2019 9:26am
Quoting shahab8b
I am amazed how many people shorted GBPUSD after the down move following the NFP news. You guys do realize that the first move after NFP is usually the opposite of what will happen for the rest of the day, right? {image}
im amazed how traders kept shorting the strong Bull move the last few weeks, only to now go long at the top
in wondering about yourself, you forgot what you came here to be part of
  • #502,146
  • Nov 1, 2019 9:29am Nov 1, 2019 9:29am
Quoting corongumet
{quote} I agree need more volume to going up
how do you read the volume please...
sell strength in falling markets, and buy weakness in rising markets.
  • #502,147
  • Nov 1, 2019 9:29am Nov 1, 2019 9:29am
Quoting knkie
{quote} im amazed how traders kept shorting the strong Bull move the last few weeks, only to now go long at the top
Some people are walking indicators, just look what they do and do the opposite. 1.20 here we come lol
  • #502,148
  • Nov 1, 2019 9:47am Nov 1, 2019 9:47am
Quoting htcone
{quote} how do you read the volume please...
I dont know how to read volume....
  • #502,149
  • Nov 1, 2019 9:50am Nov 1, 2019 9:50am
M30 Chart

LL to HH formation

Price must choose
Attached Image
in wondering about yourself, you forgot what you came here to be part of
  • #502,150
  • Nov 1, 2019 10:09am Nov 1, 2019 10:09am
Something wrong with pound.
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #502,151
  • Nov 1, 2019 10:12am Nov 1, 2019 10:12am
its only a question of time we will breaking upwards..
if not today then maybe monday or tuesday..
pa is little exhausted
a retest 1.2930 is also possible...
  • #502,152
  • Nov 1, 2019 10:36am Nov 1, 2019 10:36am
im telln ya guys: As long as M30 is trapped in a HHLL formation it will range up and down
in wondering about yourself, you forgot what you came here to be part of
  • #502,153
  • Nov 1, 2019 10:37am Nov 1, 2019 10:37am
Quoting thevisitor
{quote} Sl +1 Tp open

Sl hit +1

nice weekend
  • #502,154
  • Nov 1, 2019 10:41am Nov 1, 2019 10:41am
wait h4 closed will tell
  • #502,155
  • Nov 1, 2019 10:42am Nov 1, 2019 10:42am
Here is the PA inside previous week range...and decision time is coming
Attached Image (click to enlarge)
Click to Enlarge Name: GU 11.01.1H.png Size: 111 KB
Always trade your own plan...I don't provide trading signals.
  • #502,156
  • Nov 1, 2019 10:48am Nov 1, 2019 10:48am
Quoting Coreg2004
Here is the PA inside previous week range...and decision time is coming {image}
imho "bat" not completed..
  • #502,157
  • Nov 1, 2019 10:49am Nov 1, 2019 10:49am
a retest 1.2930-1.2880 is very,very likely
  • #502,158
  • Nov 1, 2019 10:58am Nov 1, 2019 10:58am
Quoting thevisitor
{quote} imho "bat" not completed..
TV, I mentioned 2-3 days ago that GU might be forming ugly W4 on the daily chart, so far support for this wave 4th on lower TF holds...we will see.
Always trade your own plan...I don't provide trading signals.
  • #502,159
  • Nov 1, 2019 10:59am Nov 1, 2019 10:59am
cable right now
Attached Image
  • #502,160
  • Nov 1, 2019 11:22am Nov 1, 2019 11:22am
Quoting Coreg2004
{quote} TV, I mentioned 2-3 days ago that GU might be forming ugly W4 on the daily chart, so far support for this wave 4th on lower TF holds...we will see.

yes,
an ending wave 4 at 1.2900-1.2880 is related to wave 1 and 2
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