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Cable Update (GBPUSD)

  • #506,921
  • Dec 20, 2019 3:43am Dec 20, 2019 3:43am
Quoting msniper
I am long in GBPUSD we just did 5 waves down which can be counted as wave A we will go up in correction to somewhere near 1.3200 to 1.3300 and end wave B then go down again in wave C to below 1.2900
While I've been waiting for this wave 5 of A early this week, wave 4 didn't really hit any significant levels (I was expecting at least 1.3183) which is why I think this move up could actually be wave 4.....
Lost....
  • #506,922
  • Dec 20, 2019 3:46am Dec 20, 2019 3:46am
I'm pretty sure GU will going up at least touch 70....
  • #506,923
  • Dec 20, 2019 3:51am Dec 20, 2019 3:51am
Quoting gespiri
{quote} While I've been waiting for this wave 5 of A early this week, wave 4 didn't really hit any significant levels (I was expecting at least 1.3183) which is why I think this move up could actually be wave 4.....
You could be correct gespiri, from the 1.618 wave 4 is likely to end between 78% - 100% retracement.

Guz
Charts don't drive price, market conditions drive price...
  • #506,924
  • Dec 20, 2019 3:53am Dec 20, 2019 3:53am
Quoting NieFenG999
I'm pretty sure GU will going up at least touch 70....
If 1.3033 holds...., there is a chance for 1.3061 & 1.3075/80
COT: The precious data ignored
  • #506,925
  • Dec 20, 2019 4:06am Dec 20, 2019 4:06am
Quoting Guztro
{quote} You could be correct gespiri, from the 1.618 wave 4 is likely to end between 78% - 100% retracement. Guz
If this is wave 4 (I still have 1.2938 down there), it should hit at least 1.3092 of 1.3153....
Lost....
  • #506,926
  • Dec 20, 2019 4:11am Dec 20, 2019 4:11am
Attached Image (click to enlarge)
Click to Enlarge Name: gu15.png Size: 30 KB
yes yes yes
  • #506,927
  • Dec 20, 2019 4:24am Dec 20, 2019 4:24am
Quoting Moty
{image}
1.33 looks far for this current setup
COT: The precious data ignored
  • #506,928
  • Dec 20, 2019 4:31am Dec 20, 2019 4:31am
Quoting kuroro001
{quote} 1.33 looks far for this current setup
this only a fantesy.
but i belive that we will see 1.31268 today
yes yes yes
  • #506,929
  • Dec 20, 2019 4:35am Dec 20, 2019 4:35am
Quoting Moty
{quote} this only a fantesy. but i belive that we will see 1.31268 today
Today should be the highest volume day before xmas/year end. There could be surprise i guess

I can't see that high, maybe 1.3075/80 with extension to 1.3095/1.3105.

Maybe sometime later we could reach 1.3155, but its far from now....lets trade the flow
COT: The precious data ignored
  • #506,930
  • Dec 20, 2019 4:39am Dec 20, 2019 4:39am
how about go back to 1.35 ....? everything can happen with GBPUSD "N" pattern
  • #506,931
  • Dec 20, 2019 4:49am Dec 20, 2019 4:49am
long? too risky
short?
Attached Image (click to enlarge)
Click to Enlarge Name: 2019-12-20_173930.png Size: 14 KB
  • #506,932
  • Dec 20, 2019 4:52am Dec 20, 2019 4:52am
Start In 8 minutes we will see many times breakhigh....
  • #506,933
  • Dec 20, 2019 4:55am Dec 20, 2019 4:55am
Quoting NieFenG999
Start In 8 minutes we will see many times breakhigh....


hope?
  • #506,934
  • Dec 20, 2019 5:14am Dec 20, 2019 5:14am
Quoting Tekin
today i will be at bull side as long as price above 1.2960 lets see whats gonna happen maybe 1.3615

come on jump to 1.3066 at least what are you waiting
  • #506,935
  • Dec 20, 2019 5:15am Dec 20, 2019 5:15am
Quoting Tekin
{quote} come on jump to 1.3066 at least what are you waiting
Cross rate play...
  • #506,936
  • Dec 20, 2019 5:16am Dec 20, 2019 5:16am
Quoting NieFenG999
{quote} Cross rate play...

my stop is very tight right now 1.3030. because of brexit vote there can be big shakes. forexample suddenly it can drop 1.2980
  • #506,937
  • Dec 20, 2019 5:17am Dec 20, 2019 5:17am
Quoting Tekin
{quote} my stop is very tight right now 1.3030. because of brexit vote there can be big shakes. forexample suddenly it can drop 1.2980
30 is save before brexit....
  • #506,938
  • Dec 20, 2019 5:18am Dec 20, 2019 5:18am
EUR back to up we will see 70 on GU
  • #506,939
  • Dec 20, 2019 5:20am Dec 20, 2019 5:20am
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
Click to Enlarge Name: GUh1.png Size: 29 KB
yes yes yes
  • #506,940
  • Dec 20, 2019 5:26am Dec 20, 2019 5:26am
USD take over.... Cross stop....
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