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Cable Update (GBPUSD)

  • #503,881
  • Nov 19, 2019 7:27am Nov 19, 2019 7:27am
waiting for other gbp pairs to reach gj 140.14 down, gbpchf 1.2733
great news is brent is breaking down !! if hold this time !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #503,882
  • Edited 7:43am Nov 19, 2019 7:32am | Edited 7:43am
Quoting knkie
{quote} you called a 30 pip pullback a Bear Run. The pressure is still upward however. Look at H4 .... Are you heavily short?
Even till now, the H1 average presently at 2943 is yet to be taken out by the bulls.

So, the bears are still the boss for now.

30 pips on M5 are a lot. And on any TF, the person who trades with 10 lot (as we see on this forum) will sing for 30 pips
  • #503,883
  • Edited 8:32am Nov 19, 2019 7:38am | Edited 8:32am
Quoting thevisitor
{quote} sure? spot on
Did you notice how the H1 candle (on which you based your decision) eventually closed out?
  • #503,884
  • Nov 19, 2019 7:41am Nov 19, 2019 7:41am
Quoting Bydyke
{quote} Did you notice how the H1 candle (on which you based your decision) eventually close out?

yes if course

down to 1.29

maybe..
  • #503,885
  • Nov 19, 2019 7:41am Nov 19, 2019 7:41am
good news for #GBP bears

Follow My Thread
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Oleg Alexandrov, market analyst. Find me in Google
  • #503,886
  • Nov 19, 2019 7:45am Nov 19, 2019 7:45am
Quoting Bydyke
{quote} Did you notice how the H1 candle (on which you based your decision) eventually close out?
present H1 candle may have enough sell power to tackle 2920/16 supports !if so gap fill at 2907
while usd not ready for any bull yet ,eurusd bull ok , so gbp weakest currency now , eurgbp must started correction UP
Attached Image(s) (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #503,887
  • Nov 19, 2019 7:46am Nov 19, 2019 7:46am
Quoting thevisitor
{quote} yes if course down to 1.29 maybe..
for me it doesn't matter
trade my plan
  • #503,888
  • Nov 19, 2019 8:18am Nov 19, 2019 8:18am
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yes yes yes
  • #503,889
  • Nov 19, 2019 8:49am Nov 19, 2019 8:49am
Quoting NieFenG999
{quote} Take a breath and boost 3010 to come.... ^_^

u dont read chart
MY OPINION NOT FINANCIAL ADVISE
  • #503,890
  • Nov 19, 2019 9:12am Nov 19, 2019 9:12am
Its coming down, target 2884

Daily 1st wave of 5 subdivides into 3 waves then 3 waves down to retest the break out

Attached Image (click to enlarge)
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Follow The Markets Structure - Patience and Discipline
  • #503,891
  • Nov 19, 2019 9:21am Nov 19, 2019 9:21am
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yes yes yes
  • #503,892
  • Nov 19, 2019 9:32am Nov 19, 2019 9:32am
Quoting greengp
{quote} in green
i got my green and much more
  • #503,893
  • Nov 19, 2019 9:41am Nov 19, 2019 9:41am
GBP/USD
showing a High Bullish Trend in Monthly closing ....
so the further candle is also expected upward!
  • #503,894
  • Edited 10:03am Nov 19, 2019 9:48am | Edited 10:03am
Quoting Army50000
GBP/USD showing a High Bullish Trend in Monthly closing .... so the further candle is also expected upward!

Not necessarily, within those higher high higher low candles assuming you are referring to those as a trend, within those candles is the trend and corrections of all the time frames below the monthly.

And the most important thing is that all those higher high higher lows are also only one part of the next higher degree wave so for all you know you could be trading a corrective swing and all of a sudden it ends.
Follow The Markets Structure - Patience and Discipline
  • #503,895
  • Nov 19, 2019 10:01am Nov 19, 2019 10:01am
Long 2929 tp open.
  • #503,896
  • Nov 19, 2019 10:05am Nov 19, 2019 10:05am
Up down up down... Sideaway
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  • #503,897
  • Edited 10:44am Nov 19, 2019 10:33am | Edited 10:44am
Rest on bed, so checking usdx it getting the target yet 97.82+!anyway apply nr7 in small tf if burst next. If so the 2920/16 supports may not hold for gbpusd and even 2897, so 2888 limit next. Try protect! Take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #503,898
  • Nov 19, 2019 10:42am Nov 19, 2019 10:42am
Selling.
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Plan your trades and trade your plan.
  • #503,899
  • Nov 19, 2019 10:45am Nov 19, 2019 10:45am
for trendline lovers..

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  • #503,900
  • Nov 19, 2019 10:48am Nov 19, 2019 10:48am
ASK ME
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