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Cable Update (GBPUSD)

  • #503,761
  • Nov 18, 2019 1:46am Nov 18, 2019 1:46am
My real time analysis of Cable

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Watch me trade Live on YouTube
  • #503,762
  • Nov 18, 2019 2:48am Nov 18, 2019 2:48am
so approaching 2975 first , lets see, next , not expecting breakout the 3011 so soon . but may few pips over 2975. following pa . signal 2842/31 breaks down with conformation 2921 for correction as far can go towards 2800 as very strong start as in weekly burst out for bull , set buy order over 3011, ,standard to previous low 2767 till 2748 , below 2748 weak bull towards 2581/2515. lets see
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 42 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #503,763
  • Nov 18, 2019 2:51am Nov 18, 2019 2:51am
anyone thinking like this ?

what if DXY have a double bottom pattern and now retesting the neckline before shooting up again this will results that GU will have double top and it will sink down harder than last week
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  • #503,764
  • Nov 18, 2019 2:52am Nov 18, 2019 2:52am
Quoting fontu
so approaching 2975 first , lets see, next , not expecting breakout the 3011 so soon . but may few 2975. following pa . {image}
similar to my thinking
  • #503,765
  • Nov 18, 2019 2:53am Nov 18, 2019 2:53am
Quoting msniper
anyone thinking like this ? what if DXY have a double bottom pattern and now retesting the neckline before shooting up again this will results that GU will have double top and it will sink down harder than last week {image} {image}
Thats sound good....lol....
  • #503,766
  • Nov 18, 2019 2:57am Nov 18, 2019 2:57am
Quoting fontu
so approaching 2975 first , lets see, next , not expecting breakout the 3011 so soon . but may few 2975. following pa . signal 2842/31 breaks down with conformation 2921 for correction as far can go towards 2800 as very strong start as in weekly burst out for bull , set buy order over 3011, ,standard to previous low 2767 till 2748 , below 2748 weak bull towards 2581/2515. lets see {image}
I would think this is going to crash the 2975 and at least make the swing high average of 3039
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  • #503,767
  • Edited 3:11am Nov 18, 2019 3:00am | Edited 3:11am
Quoting msniper
{quote} similar to my thinking
yeah , just weekly pattern may trouble . anyway this bull should suspend their activities for next few weeks till election finish and if try now as just super crazy adds of the scam , this or next week may be short term spike , and tank after election . actually I was never for this pair bullside in recent years !ok 3380 just plus for next medium term .
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDMonthly.png Size: 37 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #503,768
  • Nov 18, 2019 3:22am Nov 18, 2019 3:22am
GBPUSD looks like be in a resistance zone, as long as no close above 1.30 i would go short.
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  • #503,769
  • Nov 18, 2019 3:32am Nov 18, 2019 3:32am
Looks like 5 vave
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yes yes yes
  • #503,770
  • Nov 18, 2019 3:36am Nov 18, 2019 3:36am
Quoting Moty
Looks like 5 vave {image} {image}
Stay safe my brother
  • #503,771
  • Nov 18, 2019 3:48am Nov 18, 2019 3:48am
Once this breaks it's a very reliable pattern.
the gaps are not closing

Quoting Bones
{image}
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUD-Weekly.png Size: 28 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #503,772
  • Nov 18, 2019 3:53am Nov 18, 2019 3:53am
what that means for cable that reads as bullish is over that open it will break in line with the monthly ,over that open
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #503,773
  • Nov 18, 2019 4:00am Nov 18, 2019 4:00am
High reliability against say the average pin bar =Low reliability

Quoting Bones
gbp aud {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #503,774
  • Nov 18, 2019 4:09am Nov 18, 2019 4:09am
48 pip target...
coming up on the Monthly High @ 1.3012
Attached Image
in wondering about yourself, you forgot what you came here to be part of
  • #503,775
  • Nov 18, 2019 4:18am Nov 18, 2019 4:18am
Attached Image (click to enlarge)
Click to Enlarge Name: GU.png Size: 32 KB
yes yes yes
  • #503,776
  • Nov 18, 2019 4:20am Nov 18, 2019 4:20am
Potential buying culmination of intraday up-wave

Too many contracts bought
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Oleg Alexandrov, market analyst. Find me in Google
  • #503,777
  • Nov 18, 2019 4:21am Nov 18, 2019 4:21am
It looks like rejected at 1.3 area (nicely visible at H4 TF).
Short from here.
  • #503,778
  • Nov 18, 2019 4:29am Nov 18, 2019 4:29am
Quoting Nala66
{quote} I would think this is going to crash the 2975 and at least make the swing high average of 3039 {image}
Possible and may be a small crash over 2976 , signal 2956, confirmation 2942 for 2896 limit may try for 3039? And next further crash! All possible before bull may settle to go.
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #503,779
  • Nov 18, 2019 4:31am Nov 18, 2019 4:31am
Quoting Bones
what that means for cable that reads as bullish is over that open it will break in line with the monthly ,over that open {image}
what about a possible ABCDE pattern ?
Attached Image (click to enlarge)
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  • #503,780
  • Nov 18, 2019 4:32am Nov 18, 2019 4:32am
Quoting b_hand
Where is 5 waves EW hidding on daily 321x or 316x??? {image}
I think it has reached the top (2985)? End of 5th wave?
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