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Cable Update (GBPUSD)

  • #509,101
  • Jan 20, 2020 2:03am Jan 20, 2020 2:03am
Attached Image (click to enlarge)
Click to Enlarge Name: GU1.png Size: 36 KB
Attached Image (click to enlarge)
Click to Enlarge Name: GU.png Size: 41 KB
yes yes yes
  • #509,102
  • Jan 20, 2020 2:12am Jan 20, 2020 2:12am
Setting TP to 1.2750.

My bias downside:
1.2750
1.2950 (new selling point)
bit of zigzag sideways then
1.2575, possibly 1.2350
then need to see, but something should come up to sky rocket!

I can see some traders here have figured similar analysis.

What you guys think?

Cheers,
Happy trade and watch out.
Don't go too greedy.
Hey buddy, let's grab some Pips!
  • #509,103
  • Jan 20, 2020 2:12am Jan 20, 2020 2:12am
Looking like it might manage to contest the 1.2900 level this time to me, going to add more shorts on pull backs.
  • #509,104
  • Jan 20, 2020 2:14am Jan 20, 2020 2:14am
Quoting WhiteMouseFX
Setting TP to 1.2750. My bias downside: 1.2750 1.2950 (new selling point) bit of zigzag sideways then 1.2575, possibly 1.2350 then need to see, but something should come up to sky rocket! I can see some traders here have figured similar analysis. What you guys think? Cheers, Happy trade and watch out. Don't go too greedy.
only thinking this..



just for a cup of coffee...
  • #509,105
  • Jan 20, 2020 2:15am Jan 20, 2020 2:15am
Quoting knkie
{quote} USD in neutral AUD & EUR relatively strong GBP by far the weakest currency, mainly due to that gap down this weeks-start so that can flip easily {image}
Morning, it's funny Monday after all, I'm sticking to my trading plan, staying long.

Trade safe
Guz
Charts don't drive price, market conditions drive price...
  • #509,106
  • Jan 20, 2020 2:29am Jan 20, 2020 2:29am
Quoting Tekin
{quote} first 3 prediction move for the begining of the week. no 4# up or down i dont know. lets see whats gonna happen {image}
Dream is over for me waiting with 1.2970 stop anymore maybe 1.2860 is possible today or tomorrow
  • #509,107
  • Jan 20, 2020 2:34am Jan 20, 2020 2:34am
Attached Image (click to enlarge)
Click to Enlarge Name: GU1.png Size: 34 KB
yes yes yes
  • #509,108
  • Jan 20, 2020 2:35am Jan 20, 2020 2:35am
A response from the bulls at last. Let's see how the bears defend M5 average (2984)
  • #509,109
  • Jan 20, 2020 2:36am Jan 20, 2020 2:36am
Try with long.. TP 1.3020 .. and short from there to 1.2880 ...
  • #509,110
  • Jan 20, 2020 2:46am Jan 20, 2020 2:46am
[quote=Bydyke;12710941 Let's see how the bears defend M5 average (2984)[/quote]


SELL 2980
in wondering about yourself, you forgot what you came here to be part of
  • #509,111
  • Jan 20, 2020 2:51am Jan 20, 2020 2:51am
Quoting knkie
{quote} SELL 2980
20 pip target

we are coming up on a strong weekly support level @ 2958
in wondering about yourself, you forgot what you came here to be part of
  • #509,112
  • Jan 20, 2020 2:58am Jan 20, 2020 2:58am
Quoting knkie
{quote} 20 pip target we are coming up on a strong weekly support level @ 2958
added short
2975

same target 2960
in wondering about yourself, you forgot what you came here to be part of
  • #509,113
  • Jan 20, 2020 3:07am Jan 20, 2020 3:07am
Well done cable! Keep going.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 99 KB
Hey buddy, let's grab some Pips!
  • #509,114
  • Jan 20, 2020 3:09am Jan 20, 2020 3:09am
Quoting WhiteMouseFX
Well done cable! Keep going. {image}
USD is now strongest and GBP weakest currency of the day.

keep an eye on 2955/2958
in wondering about yourself, you forgot what you came here to be part of
  • #509,115
  • Jan 20, 2020 3:13am Jan 20, 2020 3:13am
Attached Image (click to enlarge)
Click to Enlarge Name: GU1.png Size: 39 KB
yes yes yes
  • #509,116
  • Jan 20, 2020 3:28am Jan 20, 2020 3:28am
Quoting knkie
{quote} added short 2975 same target 2960
exit both shorts +16

lets see if this is a reversal point or just a windup
in wondering about yourself, you forgot what you came here to be part of
  • #509,117
  • Jan 20, 2020 3:55am Jan 20, 2020 3:55am
The bluff was revealed
Attached Image (click to enlarge)
Click to Enlarge Name: GU1.png Size: 38 KB
yes yes yes
  • #509,118
  • Jan 20, 2020 4:07am Jan 20, 2020 4:07am
Hi all! GBPUSD is bearish for now. It is close to complete the descending triangle pattern (less than 48 hours are left). See my chart here.
Risk Management is of utmost importance!
  • #509,119
  • Jan 20, 2020 4:26am Jan 20, 2020 4:26am
Quoting Moty
The bluff was revealed {image}
im gonna 'bluff' another short:

SELL 2978
target 19 pips

2957 zone is still where i think price wil reverse, but it has not touched that yet
in wondering about yourself, you forgot what you came here to be part of
  • #509,120
  • Jan 20, 2020 5:31am Jan 20, 2020 5:31am
I see this going up again...
Do or do not, there is no try - Master Yoda
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