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Cable Update (GBPUSD)

  • #506,681
  • Dec 17, 2019 6:32pm Dec 17, 2019 6:32pm
Quoting Moty
the spike is coming {image} {image}
hope?
  • #506,682
  • Dec 17, 2019 6:37pm Dec 17, 2019 6:37pm
Probability Fibo Levels 1.2950, 1.2650(50% Fibo)
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #506,683
  • Dec 17, 2019 7:44pm Dec 17, 2019 7:44pm
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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Patience is the key for success.
  • #506,684
  • Dec 17, 2019 7:44pm Dec 17, 2019 7:44pm
rejection on H4 trendline... H1 candle long wick @ hanging man...

Bull is coming..
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20191218_111944.jpg Size: 227 KB
Attached Image
  • #506,685
  • Dec 17, 2019 8:04pm Dec 17, 2019 8:04pm
Quoting aswar
rejection on H4 trendline... H1 candle long wick @ hanging man... Bull is coming.. {image} {image}
agreed.

Daily pivot to be tested first. 3188
Intraday only.
  • #506,686
  • Dec 17, 2019 8:49pm Dec 17, 2019 8:49pm
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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yes yes yes
  • #506,687
  • Dec 17, 2019 9:01pm Dec 17, 2019 9:01pm
Im sure, how bubble blows
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-h4-admiral-markets.png Size: 32 KB
  • #506,688
  • Dec 17, 2019 9:33pm Dec 17, 2019 9:33pm
It would be nice to see it climb a bit.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 53 KB
Plan your trades and trade your plan.
  • #506,689
  • Dec 17, 2019 9:42pm Dec 17, 2019 9:42pm
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 92 KB
  • #506,690
  • Edited 10:35pm Dec 17, 2019 10:21pm | Edited 10:35pm
so watching & following for bounce before the failure , signal 3138 breaks up for care 3179 & 3248 ( price easily may reach 3304 + 3424 before a real fail too if crazy traders IN ) before 3140 back & breaks below plays .very initial signal at 3116 breaks & hold . so long at at any lows for the scalping .taking this bounce trade actually traders trap set up & so always care before you enter , more pips but added more risk as bounce may not be at all needed to the play next down !!it can be done at 2977 instead !! take care
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 39 KB
Click to Enlarge Name: GBPUSDH4.png Size: 31 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #506,691
  • Dec 17, 2019 10:50pm Dec 17, 2019 10:50pm
One brief fake breakout from 1.3090 support to 1.3072, for price to stabilize above again, added another buy at 1.3091, first at 1.3103.
Retrace upward expected toward 1.3190 then 1.3260
Any further break down again will target 1.297*.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #506,692
  • Dec 17, 2019 10:52pm Dec 17, 2019 10:52pm
to me, it is likely go up above 3188 daily pivot.

However first target is 3188.
Intraday only.
  • #506,693
  • Dec 17, 2019 11:24pm Dec 17, 2019 11:24pm
To me it will going down 3050.... No power up and the data is bad to GU....
  • #506,694
  • Dec 17, 2019 11:26pm Dec 17, 2019 11:26pm
Morning guys

1,3086/93 supp zone for a move back to 1,3155/70

Below is 1,3040/60

Chancing small longs, even though its riskier than shorts
COT: The precious data ignored
  • #506,695
  • Dec 17, 2019 11:54pm Dec 17, 2019 11:54pm
need more far down... plz
  • #506,696
  • Dec 18, 2019 12:03am Dec 18, 2019 12:03am
The way to go on GBPUSD is downstairs, but mind how and when you go.

Trade safe.

KP
Do your homework, follow the footprints of smart money
  • #506,697
  • Dec 18, 2019 12:09am Dec 18, 2019 12:09am
Quoting navk
to me, it is likely go up above 3188 daily pivot. However first target is 3188.
this down move is London open, nothing to do with today trend.
Intraday only.
  • #506,698
  • Dec 18, 2019 12:15am Dec 18, 2019 12:15am
Quoting Hezam
{image}{image}
good try but things can complicate in different ways, overall weekly/ monthly bull still intact .take care
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 42 KB
Click to Enlarge Name: GBPUSDDaily.png Size: 40 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #506,699
  • Dec 18, 2019 12:32am Dec 18, 2019 12:32am
no data, no news, and nothing to make it up

we will going down today, waiting GU 1.29 GJ 1.40
  • #506,700
  • Dec 18, 2019 12:34am Dec 18, 2019 12:34am
UK data at 09:30 GMT
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