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Cable Update (GBPUSD)

  • #511,521
  • Feb 12, 2020 2:38am Feb 12, 2020 2:38am
channel broke
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  • #511,522
  • Feb 12, 2020 2:55am Feb 12, 2020 2:55am
Quoting Moty
The drop is coming. Crook's Invert h&s is in place 1.29746-773 is a support that became ressistence, i accpect a drop at least to 1.29410 zone {image} {image}
I doubt it may not. I see bullish structure clearly. so 3000 looks on card
Intraday only.
  • #511,523
  • Feb 12, 2020 2:59am Feb 12, 2020 2:59am
Quoting navk
{quote} I doubt it may not. I see bullish structure clearly. so 3000 looks on card
right here waiting....for my bear
just for a cup of coffee...
  • #511,524
  • Feb 12, 2020 3:04am Feb 12, 2020 3:04am
Quoting akim0895
{quote} right here waiting....for my bear
wait....wait. Many are waiting also.

Intraday only.
  • #511,525
  • Feb 12, 2020 3:04am Feb 12, 2020 3:04am
usdx following pa perfect so far , so 98.50 test likely & though gbpusd should go opposite more or less but may not , so still opposite , follow usdx then !!eurusd may test 1.0941 & even 1.0991
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #511,526
  • Feb 12, 2020 3:09am Feb 12, 2020 3:09am
Quoting navk
{quote} wait....wait. Many are waiting also.
just for a cup of coffee...
  • #511,527
  • Feb 12, 2020 3:14am Feb 12, 2020 3:14am
Quoting navk
{quote} wait....wait. Many are waiting also.
why not just join the winning side?



if price breaks 1.2996, the bulls are n full control.
in wondering about yourself, you forgot what you came here to be part of
  • #511,528
  • Feb 12, 2020 3:17am Feb 12, 2020 3:17am
close up count with Elliott we in wave c of ii which can end any time soon at any of these fibo levels and then wave 3 will take over
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  • #511,529
  • Feb 12, 2020 3:42am Feb 12, 2020 3:42am
Decent break out here. This looks as though it could go for a while. Why? Take a look at all the support levels and laborious testing and retesting. If it weren't so messy, I would call it a head and shoulders (inverted) but it is not. But it is definitely a reversal formation, with a key line at 1.2970. If that holds today, my next target would be 1.3050+... Here's a chart for all you lucky people:

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Gone to a better place
  • #511,530
  • Feb 12, 2020 3:43am Feb 12, 2020 3:43am
Quoting akim0895
{quote} right here waiting....for my bear
Agree with you akim. The bear still inside on H1 touched MA 200 Im in.
  • #511,531
  • Feb 12, 2020 3:43am Feb 12, 2020 3:43am
Bullish diversion at the eg
1.29746-773 still hold at the gu
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yes yes yes
  • #511,532
  • Feb 12, 2020 3:49am Feb 12, 2020 3:49am
The key to this break out will be the chart I posted previously, with a weekly level at (as shown). This pair's bullish tone is still quite resilient. We are still trading with December's range which formed the 2019 high.

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Gone to a better place
  • #511,533
  • Feb 12, 2020 3:59am Feb 12, 2020 3:59am
Quoting knkie
{quote} why not just join the winning side? if price breaks 1.2996, the bulls are n full control.
Yes agree if daily closed above 3000
  • #511,534
  • Feb 12, 2020 3:59am Feb 12, 2020 3:59am
The sad thing about my bullish sentiment is that I still have some good shorts which have been running for some time. I hope you kind people will commiserate with me while I go and make a coffee and cry into it.
Gone to a better place
  • #511,535
  • Feb 12, 2020 4:11am Feb 12, 2020 4:11am
The drop is stiil in the air.
Last abc correction also went to daily R1 and after to daily S1
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yes yes yes
  • #511,536
  • Feb 12, 2020 4:14am Feb 12, 2020 4:14am
Quoting Moty
The drop is stiil in the air. Last abc correction also went to daily R1 and after to daily S1 {image}
I just need this to drop to the DPP 1.2939 to get my daily 30+ pips!!
Lost....
  • #511,537
  • Feb 12, 2020 4:17am Feb 12, 2020 4:17am
Quoting smikester
The sad thing about my bullish sentiment is that I still have some good shorts which have been running for some time. I hope you kind people will commiserate with me while I go and make a coffee and cry into it.
smikester, you don't need to take my advice. But if you are holding shorts, I'd strongly consider closing them ahead of super Thursday...the bulls has the momentum.

Trade Safe.
Guz
Charts don't drive price, market conditions drive price...
  • #511,538
  • Feb 12, 2020 4:19am Feb 12, 2020 4:19am
Quoting knkie
2970 LONG M15 frame 21 pip trgt
approaching my target 2992

if price breaks thru and holds on the other side i will stay with longs.
If it ricochets off that level it could correct south.
But it wont be a 'drop'.
in wondering about yourself, you forgot what you came here to be part of
  • #511,539
  • Feb 12, 2020 4:22am Feb 12, 2020 4:22am
Quoting Guztro
{quote} smikester, you don't need to take my advice. But if you are holding shorts, I'd strongly consider closing them ahead of super Thursday...the bulls has the momentum. Trade Safe. Guz
Guz, what's happening tomorrow? The CPIs?
Lost....
  • #511,540
  • Feb 12, 2020 4:22am Feb 12, 2020 4:22am
Quoting ozalid
BUY 1.2894
I wrote that a good shopping place is 1.2894. Just see which side EMA is now on
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