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Cable Update (GBPUSD)

  • #507,301
  • Dec 30, 2019 8:44am Dec 30, 2019 8:44am
Quoting knkie
Buy 3133 hope it goes all the way back to 3150 again
Yes, PA is back to the M5 average area with the bulls on the front seat.

Are we about to see 3161?
  • #507,302
  • Dec 30, 2019 8:50am Dec 30, 2019 8:50am
Quoting navk
{quote} Next trend move may be tomorrow. Important number is hit today, 3150. so counter trend only until tomorrow Frankfurt open.
hope so , breaks 3149 next day , so correct till then down! anyway logically 3133 breaks up & stop be enough to start next leg down having breakout 2940 for 2767! and it can go upto previous top so , so big risk / spike above 3133 also possible !!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 39 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #507,303
  • Dec 30, 2019 8:55am Dec 30, 2019 8:55am
still, room to go up imo...just 3150 on the way to higher price...
Attached Image (click to enlarge)
Click to Enlarge Name: GU12.30.30M.png Size: 74 KB
Always trade your own plan...I don't provide trading signals.
  • #507,304
  • Dec 30, 2019 8:58am Dec 30, 2019 8:58am
Quoting Bydyke
{quote} Yes, PA is back to the M5 average area with the bulls on the front seat. Are we about to see 3161?
i hope so !

i still think price is struggling a bit to make the jump.
could be a warning sign...
in wondering about yourself, you forgot what you came here to be part of
  • #507,305
  • Dec 30, 2019 9:05am Dec 30, 2019 9:05am
Quoting Coreg2004
still, room to go up imo...just 3150 on the way to higher price... {image}
i have a level at 3173 which is close to your 3171 fib level...so that seems like a good target
in wondering about yourself, you forgot what you came here to be part of
  • #507,306
  • Dec 30, 2019 9:30am Dec 30, 2019 9:30am
Oh la la, the bears have pushed back the bulls below the M5 average!
  • #507,307
  • Dec 30, 2019 9:40am Dec 30, 2019 9:40am
Quoting knkie
{quote}i still think price is struggling a bit to make the jump. could be a warning sign...
i could feel it was turning lol

exit -4
in wondering about yourself, you forgot what you came here to be part of
  • #507,308
  • Dec 30, 2019 9:43am Dec 30, 2019 9:43am
Quoting knkie
{quote} i have a level at 3173 which is close to your 3171 fib level...so that seems like a good target
The zone of the Ret. of the previous swing (38.2-50%) has been reached, so I think it's anybody's guess how high the price will go today that's why we drop to LTF (30M) to pinpoint reversal. Notice 6 days down and so far 5 days up, on the daily chart...we will see.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU12.30.Daily.png Size: 88 KB
Click to Enlarge Name: GU12.30.30M.b.png Size: 67 KB
Always trade your own plan...I don't provide trading signals.
  • #507,309
  • Dec 30, 2019 11:26am Dec 30, 2019 11:26am
Attached Image (click to enlarge)
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yes yes yes
  • #507,310
  • Dec 30, 2019 8:21pm Dec 30, 2019 8:21pm
Quoting fontu
{quote} hope so , breaks 3149 next day , so correct till then down! anyway logically 3133 breaks up & stop be enough to start next leg down having breakout 2940 for 2767! and it can go upto previous top so , so big risk / spike above 3133 also possible !! {image}
3149 still important. If it breaks, not much to go up... however 3149 is important.
Intraday only.
  • #507,311
  • Edited 10:21pm Dec 30, 2019 9:57pm | Edited 10:21pm
Quoting navk
{quote} 3149 still important. If it breaks, not much to go up... however 3149 is important.
ok risk reward all running together at this scalper heaven areas . take care , fontu
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 46 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #507,312
  • Dec 30, 2019 10:08pm Dec 30, 2019 10:08pm
The RSI divergence on H4 has the capability of pushing PA down to 3066 (H4 average) today
  • #507,313
  • Dec 30, 2019 10:18pm Dec 30, 2019 10:18pm
i am waiting 1.3300 today
  • #507,314
  • Dec 30, 2019 10:20pm Dec 30, 2019 10:20pm
Quoting zoolc
i am waiting 1.3300 today
why not 1.3500 ??? LoL
  • #507,315
  • Dec 30, 2019 10:24pm Dec 30, 2019 10:24pm
not a joke, but beware guys, today is year end. so erratic movements can happen in NY session.
Intraday only.
  • #507,316
  • Dec 30, 2019 10:29pm Dec 30, 2019 10:29pm
My broker advises me to stop trading today.
Intraday only.
  • #507,317
  • Dec 30, 2019 11:33pm Dec 30, 2019 11:33pm
Quoting ricmaj
either the buy or the sell at 31342 both ways. CM=ACM=cm=acm bulls mountaining pressure hahahahaha
31342 seem to have gained the resistance a neat run if bears can add up all the momentum for a well celebrated happy new year. Short side at the moment
Keep the Lights on then you can catch the rise from the dark.
  • #507,318
  • Dec 30, 2019 11:38pm Dec 30, 2019 11:38pm
today' s technical.

1.3104 and above.... 3150 first.

Later in NY erratic movements can happen
Intraday only.
  • #507,319
  • Dec 31, 2019 12:04am Dec 31, 2019 12:04am
stil longs for me i bought and looking for 1.3177
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #507,320
  • Dec 31, 2019 12:21am Dec 31, 2019 12:21am
Quoting navk
not a joke, but beware guys, today is year end. so erratic movements can happen in NY session.
Yes sure... Beware
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