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Cable Update (GBPUSD)

  • #511,481
  • Feb 11, 2020 8:53am Feb 11, 2020 8:53am
The SOB broke that resistance line.....either it will keep going up by today-tomorrow or might fake out.
Lost....
  • #511,482
  • Feb 11, 2020 9:10am Feb 11, 2020 9:10am
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yes yes yes
  • #511,483
  • Feb 11, 2020 9:32am Feb 11, 2020 9:32am
Small short with good risk reward, i will put SL at BE when price close to pivot.
not the best trade but decent.
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  • #511,484
  • Feb 11, 2020 9:35am Feb 11, 2020 9:35am
I think one more push to above 1.2970 to finish 5th wave and that's it the up move will end and the bears will attack
  • #511,485
  • Feb 11, 2020 9:38am Feb 11, 2020 9:38am
Quoting msniper
I think one more push to above 1.2970 to finish 5th wave and that's it the up move will end and the bears will attack
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yes yes yes
  • #511,486
  • Feb 11, 2020 9:50am Feb 11, 2020 9:50am
the last push before sellers start to hit

my pending short orders waiting from 1.2980 and above
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  • #511,487
  • Feb 11, 2020 10:13am Feb 11, 2020 10:13am
Quoting msniper
the last push before sellers start to hit my pending short orders waiting from 1.2980 and above {image}
Agree with you. GBPUSD is making nice pinbar on H4 from strong resistance 1.2970, expecting big drop and new low this week
  • #511,488
  • Feb 11, 2020 10:25am Feb 11, 2020 10:25am
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yes yes yes
  • #511,489
  • Feb 11, 2020 10:27am Feb 11, 2020 10:27am
I Have 3000/14 to short

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  • #511,490
  • Feb 11, 2020 11:38am Feb 11, 2020 11:38am
now we go long

BUY 2947
target 2993
in wondering about yourself, you forgot what you came here to be part of
  • #511,491
  • Feb 11, 2020 12:00pm Feb 11, 2020 12:00pm
still waiting for daily r2
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yes yes yes
  • #511,492
  • Feb 11, 2020 12:16pm Feb 11, 2020 12:16pm
Still gunning down 1.30....

Near perfect entry at 1.29 Long
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  • #511,493
  • Feb 11, 2020 12:39pm Feb 11, 2020 12:39pm
The key to this scenario is to break through 1.3071
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Patience is the key for success.
  • #511,494
  • Feb 11, 2020 1:07pm Feb 11, 2020 1:07pm
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Patience is the key for success.
  • #511,495
  • Feb 11, 2020 1:42pm Feb 11, 2020 1:42pm
Though the tiny breakout become more visible today still price over the 1st support usdx to counteract next. Lets see.
Gbpusd may have full bullback to tank next coming.
Attached Images
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #511,496
  • Feb 11, 2020 1:46pm Feb 11, 2020 1:46pm
Quoting msniper
I think one more push to above 1.2970 to finish 5th wave and that's it the up move will end and the bears will attack
Why? Bears are retreating. The bull fun is just beginning
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  • #511,497
  • Feb 11, 2020 3:23pm Feb 11, 2020 3:23pm
I moved the tp to 1.29584, every time I fall into this trap, go for daily r2 when there is resistance on the way.
Anyway the positions will close at 22:00 cet
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yes yes yes
  • #511,498
  • Feb 11, 2020 5:20pm Feb 11, 2020 5:20pm
Quoting ozalid
{quote} Why? Bears are retreating. The bull fun is just beginning {image}
Price is finally restored for the 1st time since Brexit announcement. 1.20-1.30 is low, out of range. 1.30-1.40 makes more sense - it came from 1.6.
Count Of Antwerp
  • #511,499
  • Feb 11, 2020 9:38pm Feb 11, 2020 9:38pm
I started to build short positions from now 1.2967 and I will add if it goes above 1.3000
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  • #511,500
  • Feb 11, 2020 9:43pm Feb 11, 2020 9:43pm
Quoting msniper
I started to build short positions from now 1.2967 and I will add if it goes above 1.3000 {image}
Niceee.... Still going down I think too....
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