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Cable Update (GBPUSD)

  • #513,081
  • Edited 9:34am Mar 3, 2020 9:19am | Edited 9:34am
Very simple.50 % fibo area of the big move up is very strong support.
It is still consider as alliot up pattern
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yes yes yes
  • #513,082
  • Mar 3, 2020 9:27am Mar 3, 2020 9:27am
if GU close 4h candle above 1.2813 it will be bullish and will go higher
  • #513,083
  • Mar 3, 2020 9:33am Mar 3, 2020 9:33am
Digest and diverge 2824 is the barrier nov 2019 low
Follow The Markets Structure - Patience and Discipline
  • #513,084
  • Mar 3, 2020 10:04am Mar 3, 2020 10:04am
its bullish

Quoting msniper
if GU close 4h candle above 1.2813 it will be bullish and will go higher
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #513,085
  • Mar 3, 2020 10:06am Mar 3, 2020 10:06am
read the daily now ,fed just dropped rates

Quoting Bones
looks bullish open , not allowed to break down for that view ,maybe consolidate day ,or test near low see close maybe doji today over pivot then test low tomorrow ,bullish end {image}
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #513,086
  • Mar 3, 2020 10:13am Mar 3, 2020 10:13am
Bearish correction nothing else at them moment
Follow The Markets Structure - Patience and Discipline
  • #513,087
  • Mar 3, 2020 10:16am Mar 3, 2020 10:16am
Quoting Bones
its bullish {quote}
4hours candle just closed above 1.2813 so its bullish now

but what u think how far it will go. i think we can see 1.29 to 1.30 in this case
  • #513,088
  • Mar 3, 2020 10:23am Mar 3, 2020 10:23am
gbpjpy and usdjpy exact same set up as cable am now +80 pips on gbpjpy trade

cable will drop( i should say cable could drop if it starts trending down or breaks 2824)

usdchf is at support and eurusd at resistance
Follow The Markets Structure - Patience and Discipline
  • #513,089
  • Mar 3, 2020 10:32am Mar 3, 2020 10:32am
on GU..
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #513,090
  • Mar 3, 2020 10:37am Mar 3, 2020 10:37am
Quoting Almo2312
on GU..
lol almo with this big news nothing happen i am trading EU it better than GBP
To Win You Must Loss Something ...
  • #513,091
  • Mar 3, 2020 11:21am Mar 3, 2020 11:21am
So, this night Australia, now US... the last day have been summit meeting. Most probably they have agreed mutual to cut rates.

so while all in this will got to the sky, uk will also probably have interest cut down from 0.75?!?
  • #513,092
  • Mar 3, 2020 11:52am Mar 3, 2020 11:52am
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yes yes yes
  • #513,093
  • Mar 3, 2020 11:53am Mar 3, 2020 11:53am
Inserted Video
Technical Analyst & Trader @ Vikinsa
  • #513,094
  • Mar 3, 2020 2:38pm Mar 3, 2020 2:38pm
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yes yes yes
  • #513,095
  • Mar 3, 2020 3:18pm Mar 3, 2020 3:18pm
i think GU will be heading to 1.2870 to 1.2930 area
  • #513,096
  • Mar 3, 2020 3:55pm Mar 3, 2020 3:55pm
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yes yes yes
  • #513,097
  • Mar 3, 2020 5:11pm Mar 3, 2020 5:11pm
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  • #513,098
  • Edited Mar 4, 2020 1:02am Mar 3, 2020 11:18pm | Edited Mar 4, 2020 1:02am
Attached Image (click to enlarge)
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yes yes yes
  • #513,099
  • Mar 4, 2020 1:48am Mar 4, 2020 1:48am
M5

Sell @ 1.27976, SL 8, TP 17

Moved SL to BE, TP 30

s. Chart

atb vvm
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PA Trading with EMAs & common Sense
  • #513,100
  • Mar 4, 2020 1:56am Mar 4, 2020 1:56am
Attached Image (click to enlarge)
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yes yes yes
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