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Cable Update (GBPUSD)

  • #507,081
  • Dec 23, 2019 7:13am Dec 23, 2019 7:13am
Quoting OnlineAddict
{quote} Weekly candle is bullish? Couldn't be more bearish actually...its "sell the spikes" for the next few days, I think.
Nice dump...I am flat now...we hit 2910...now waiting for either 2680 or 3200+, otherwise not touching it.
Everyone can see the chart, but only a few can actually read it.
  • #507,082
  • Dec 23, 2019 7:26am Dec 23, 2019 7:26am
This downmove hurts
COT: The precious data ignored
  • #507,083
  • Dec 23, 2019 7:27am Dec 23, 2019 7:27am
Quoting kuroro001
This downmove hurts
Still worth selling?
  • #507,084
  • Dec 23, 2019 7:28am Dec 23, 2019 7:28am
Quoting HumzahJ
{quote} Still worth selling?
not worth buying.
Intraday only.
  • #507,085
  • Dec 23, 2019 7:28am Dec 23, 2019 7:28am
even 2925 did not hold.
Intraday only.
  • #507,086
  • Dec 23, 2019 7:29am Dec 23, 2019 7:29am
Quoting navk
{quote} not worth buying.
Wait for retrace and sell again or do you think it will keep going?
  • #507,087
  • Dec 23, 2019 7:30am Dec 23, 2019 7:30am
Quoting HumzahJ
{quote} Wait for retrace and sell again or do you think it will keep going?
until daily close above daily open, one should keep selling only, the rally
Intraday only.
  • #507,088
  • Dec 23, 2019 7:31am Dec 23, 2019 7:31am
We've got bullish divergence in every TF now, could bounce off the current support
COT: The precious data ignored
  • #507,089
  • Dec 23, 2019 7:33am Dec 23, 2019 7:33am
Quoting navk
{quote} until daily close above daily open, one should keep selling only, the rally
Waiting for a little retrace then sell again hopefully!
Yes I refuse to buy however, I will sell once it retraces
  • #507,090
  • Dec 23, 2019 7:37am Dec 23, 2019 7:37am
could retrace to 2950 today.
Intraday only.
  • #507,091
  • Dec 23, 2019 7:39am Dec 23, 2019 7:39am
Hi, people,
thinking its best place to buy from here
1.29140
to 3 take profit levels
1LEVEL 1.29768
2LEVEL 1.29439
3LEVEL 1.29234

,cheers
  • #507,092
  • Dec 23, 2019 7:39am Dec 23, 2019 7:39am
Already oversold,Wait for the next H4 candle form, i Will buy if candle open above pivot SnR
  • #507,093
  • Dec 23, 2019 7:41am Dec 23, 2019 7:41am
Quoting alon2kelakon
Already oversold,Wait for the next H4 candle form
it's definitely oversold, mate
  • #507,094
  • Dec 23, 2019 7:42am Dec 23, 2019 7:42am
Quoting kuroro001
We've got bullish divergence in every TF now, could bounce off the current support
if it not bounce from this theory .... i dont know what to say anymore ....
  • #507,095
  • Dec 23, 2019 7:48am Dec 23, 2019 7:48am
2950 is a must for a bounce, if fails there...another drop.

And that drop could break 2900
Intraday only.
  • #507,096
  • Dec 23, 2019 7:50am Dec 23, 2019 7:50am
no reason for GBP to go up ...... so sell again at top will be better idea
  • #507,097
  • Dec 23, 2019 7:54am Dec 23, 2019 7:54am
Quoting FloatingCha
no reason for GBP to go up ...... so sell again at top will be better idea
its pure technical analysis and bad news from canada gdp, here a reason for you
  • #507,098
  • Dec 23, 2019 7:56am Dec 23, 2019 7:56am
29 looks good for a reversal. Wouldn't imagine mounthly candle to close like this, would hammer gbp badly in january.
  • #507,099
  • Dec 23, 2019 8:07am Dec 23, 2019 8:07am
Quoting Arturke
Hi, people, thinking its best place to buy from here 1.29140 to 3 take profit levels 1LEVEL 1.29768 2LEVEL 1.29439 3LEVEL 1.29234 ,cheers
one level reach, next step is second level, thinking it will go north untill 1.29439
  • #507,100
  • Dec 23, 2019 8:12am Dec 23, 2019 8:12am
Quoting pouyanv
29 looks good for a reversal. Wouldn't imagine mounthly candle to close like this, would hammer gbp badly in january.
monthly pinbar ...... only can say "RIP"
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