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Cable Update (GBPUSD)

  • #503,961
  • Nov 20, 2019 9:51am Nov 20, 2019 9:51am
Potential bull support on M5. Are the bulls about to take off? Were this to be London session, it would have been bingo!
  • #503,962
  • Nov 20, 2019 10:37am Nov 20, 2019 10:37am
WTI a day i wont forget wow...180 pips oil
MY OPINION NOT FINANCIAL ADVISE
  • #503,963
  • Nov 20, 2019 11:22am Nov 20, 2019 11:22am
Quoting pipfarm
{quote} 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.
Higher High of Weekly closings have already broken and Bullish Pressure in Signals and Strength can be smelled from all the technical graphs. Now the market is zincking between some specified prices and hence price is still near to higher high closing. Just breaking up the previous months higher high will further confirm the Bullish Trend. At this time 90% surely is of Upward Trend while 10% for Down.
  • #503,964
  • Nov 20, 2019 11:29am Nov 20, 2019 11:29am
Quoting donfriday
WTI a day i wont forget wow...180 pips oil
Weekly s3 it's a must buy
Why didn't I take it ?
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yes yes yes
  • #503,965
  • Nov 20, 2019 11:38am Nov 20, 2019 11:38am
Checking bed time in comfort!so far tried hard to protect daily close level of interest 2891 but daily still to play. Corresponding usdx to win 97.815daily close to see.
Usdx also above the win level presently, recovered turmoils quickly. Target 98.better do before next leg down. If others go crazy and fail then it may try bull also. So crazies possible.
Attached Images
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #503,966
  • Nov 20, 2019 11:57am Nov 20, 2019 11:57am
Quoting Moty
{quote} Weekly s3 it's a must buy Why didn't I take it ? {image}

haq haq last week i shorted 57.50 to 55.00 and bought there at 55.00 ...WTI gave me so much
MY OPINION NOT FINANCIAL ADVISE
  • #503,967
  • Nov 20, 2019 12:15pm Nov 20, 2019 12:15pm
London red
ny blue

both could not break this low ...

its good for bulls bad for bears
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MY OPINION NOT FINANCIAL ADVISE
  • #503,968
  • Edited 1:12pm Nov 20, 2019 12:30pm | Edited 1:12pm
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yes yes yes
  • #503,969
  • Nov 20, 2019 1:02pm Nov 20, 2019 1:02pm
im short on cable for now

≧◠‿◠≦✌
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  • #503,970
  • Nov 20, 2019 4:09pm Nov 20, 2019 4:09pm
Well f*ck me sideways today was like watching paint dry...... Would have been more interesting i'd say......
  • #503,971
  • Nov 20, 2019 6:43pm Nov 20, 2019 6:43pm
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  • #503,972
  • Nov 20, 2019 6:51pm Nov 20, 2019 6:51pm
The last I posted my view on USDX on 18 November still good.
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  • #503,973
  • Nov 20, 2019 7:41pm Nov 20, 2019 7:41pm
Quoting donfriday
maybe we'll see {image}

likely
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MY OPINION NOT FINANCIAL ADVISE
  • #503,974
  • Nov 20, 2019 8:05pm Nov 20, 2019 8:05pm
Monthly bearish engulfing .

in a long term DXY TO 92.00 save this chart
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MY OPINION NOT FINANCIAL ADVISE
  • #503,975
  • Nov 20, 2019 8:09pm Nov 20, 2019 8:09pm
Quoting donfriday
{quote} likely {image}
Bias is bearish but the long opportunity might not reach 98 before it starts falling again.
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Plan your trades and trade your plan.
  • #503,976
  • Nov 20, 2019 8:16pm Nov 20, 2019 8:16pm
Quoting Bryan5229
{quote} Bias is bearish but the long opportunity might not reach 98 before it starts falling again. {image}


sellers are currently at 98 99 and 100 dxy

this level will hit hard for any drop but looking at monthly view it should bearish from here cus the uptrend look weak
i will trend what i get but i will rather hold a swing on dollar sell than hold buy
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MY OPINION NOT FINANCIAL ADVISE
  • #503,977
  • Nov 20, 2019 8:28pm Nov 20, 2019 8:28pm
Quoting donfriday
this look like a test of 1.29 now we need a strong rejection candle that close above 2-3 days intraday we already have rejection now we need a 1hr close above current high of london and bulls will run {image}

patience will pay off soon as you follow the trend with good MM
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MY OPINION NOT FINANCIAL ADVISE
  • #503,978
  • Edited 10:20pm Nov 20, 2019 9:52pm | Edited 10:20pm
Usdx failed to sustain little correction, if NR4 applied h5 tf then time burst next 1/2 h5, preferably downside, small tf still correct up to down. Lets see.
Gbpusd small tf correction up apparently over may try from previous low again or tank to next support, that is bear not over yet. Both fighting but active fighting from bullside to survive.likely to pay for craziness whatever small, waiting below 2902 and at 2885 again.last day craziness was unnecessary as it was piercingline daily tl, better correct 2856 to try hard bull did not, if to get there again it should be falling hard to 2800! Lets see market want.
Attached Images
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #503,979
  • Nov 20, 2019 10:04pm Nov 20, 2019 10:04pm
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yes yes yes
  • #503,980
  • Nov 20, 2019 10:35pm Nov 20, 2019 10:35pm
New HH of today daily candle ,. Second sign for the bulls after the the breakup of the descending trend line yesterday
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yes yes yes
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