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Cable Update (GBPUSD)

  • #512,861
  • Feb 28, 2020 8:22am Feb 28, 2020 8:22am
Quoting Almo2312
{quote} i meant by the S/R indicator i just want to know if mine is calculated correct

these are true support and resistance not bases on indicators , trust me they are 100% correct
Follow The Markets Structure - Patience and Discipline
  • #512,862
  • Feb 28, 2020 8:23am Feb 28, 2020 8:23am
now we enter the critical area

between 1.2612 to 1.2833 its all a possible bounce area

that's a big range 200 pips range of a bounce area

god knows how deep GU wants to go down
Attached Image
  • #512,863
  • Feb 28, 2020 8:25am Feb 28, 2020 8:25am
ok 15 mimn tf closed below 1.2845 now will see if hourly also will close below that and hour after courious if hr4 will also close below that
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #512,864
  • Feb 28, 2020 8:26am Feb 28, 2020 8:26am
Quoting pipfarm
{quote} these are true support and resistance not bases on indicators , trust me they are 100% correct
thanks bro
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #512,865
  • Feb 28, 2020 8:27am Feb 28, 2020 8:27am
i think GBPUSD will be bearish next week. A lot of space to retrace

≧◠‿◠≦✌
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  • #512,866
  • Feb 28, 2020 8:27am Feb 28, 2020 8:27am
you can't change it ,its a pattern I don't know its name

Quoting Bones
the daily is NOT bullish time to break free ? {image}
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #512,867
  • Feb 28, 2020 8:28am Feb 28, 2020 8:28am
#GBPUSD / H4
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  • #512,868
  • Feb 28, 2020 8:28am Feb 28, 2020 8:28am
Large institutions are net long GBPUSD (for example, standard chartered as a long position with SL below 1.2825). The drop will be very sharp from here due to SLs.
Attached Image (click to enlarge)
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  • #512,869
  • Feb 28, 2020 8:31am Feb 28, 2020 8:31am
1.27 is coming?
  • #512,870
  • Feb 28, 2020 8:31am Feb 28, 2020 8:31am
I will stick to my guns and trade towards AB=CD completion...
Attached Image(s) (click to enlarge)
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Always trade your own plan...I don't provide trading signals.
  • #512,871
  • Feb 28, 2020 8:31am Feb 28, 2020 8:31am
no need to wonder what next ,
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #512,872
  • Feb 28, 2020 8:34am Feb 28, 2020 8:34am
Quoting pipfarm
{quote} 2820 2765 then fresh air under that
yapp i know this lower price area date 24-25 nov 2019,but i think price to 2810 area before little up...
  • #512,873
  • Feb 28, 2020 8:36am Feb 28, 2020 8:36am
next candle will also open bearish
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #512,874
  • Feb 28, 2020 8:37am Feb 28, 2020 8:37am
Quoting Bones
no need to wonder what next ,
this is gonna get really ugly. Hope people on here have dumped their longs by now
  • #512,875
  • Feb 28, 2020 8:38am Feb 28, 2020 8:38am
Quoting zenmeden
pleaseee hit my tp on 2830...
thanks GU for hit my tp...
  • #512,876
  • Feb 28, 2020 8:45am Feb 28, 2020 8:45am
Support at 1.28232
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yes yes yes
  • #512,877
  • Feb 28, 2020 8:46am Feb 28, 2020 8:46am
On a side note here is one of my other trades eujpy @be now with 2 lots 68 pips profit , if im right i will be taking 200 pips x2 of this trade.

Attached Image (click to enlarge)
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Follow The Markets Structure - Patience and Discipline
  • #512,878
  • Feb 28, 2020 8:46am Feb 28, 2020 8:46am
BUY
TP 1.2930
  • #512,879
  • Feb 28, 2020 8:47am Feb 28, 2020 8:47am
Quoting vikinsa
GBPUSD is falling to my profit targets in blue horizontal lines. Have been shorting it since UK elections. My log here: https://www.forexfactory.com/showthread.php?t=970847 {image}
almost at my second target at 1.277. So far 600 Pips secured across GBP trades. My log: https://www.forexfactory.com/showthread.php?t=970847

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Falling to my trade profit targets Going to second target - Feb 28, 2020 - Vikinsa Forex .png Size: 146 KB
Technical Analyst & Trader @ Vikinsa
  • #512,880
  • Feb 28, 2020 8:49am Feb 28, 2020 8:49am
Quoting ozalid
BUY TP 1.2930
Yes. ! go go
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