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Cable Update (GBPUSD)

  • #513,641
  • Mar 11, 2020 5:41am Mar 11, 2020 5:41am
Quoting msniper
{quote} still bullish even if it hits that number i will only be bear if we close below 1.2700
I will bear that in mind
  • #513,642
  • Mar 11, 2020 5:45am Mar 11, 2020 5:45am
Quoting navk
{quote} correct, it must drop anytime soon, daily candle is bearish candle today
please why my post Input is missing.
  • #513,643
  • Mar 11, 2020 5:47am Mar 11, 2020 5:47am
Quoting elbert3
{quote} Nice move away from 2937 now catching the pups up and down to test the bottom again any break will or should head to 2877 2850
As above but price has come back and went back over 2937 so let’s see
  • #513,644
  • Mar 11, 2020 5:54am Mar 11, 2020 5:54am
Some support here 2922
  • #513,645
  • Mar 11, 2020 6:14am Mar 11, 2020 6:14am
Quoting msniper
{quote} still bullish even if it hits that number i will only be bear if we close below 1.2700
I think from 1.2688 would still be able to go up after.
  • #513,646
  • Mar 11, 2020 6:29am Mar 11, 2020 6:29am
Will short from 1.289 for 30 pips ✌
Patience.....
  • #513,647
  • Mar 11, 2020 6:52am Mar 11, 2020 6:52am
Trying to go long on the one min consolidation around that 2929 area for a break . Let’s see
  • #513,648
  • Mar 11, 2020 7:33am Mar 11, 2020 7:33am
Inserted Video
  • #513,649
  • Mar 11, 2020 8:59am Mar 11, 2020 8:59am
So, all those heavy sellings yesterday were from those who knew a rate cut was coming today.

Here is my short setup @ 1.30-301
Attached Image (click to enlarge)
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  • #513,650
  • Mar 11, 2020 9:07am Mar 11, 2020 9:07am
Quoting shahab8b
So, all those heavy sellings yesterday were from those who knew a rate cut was coming today. Here is my short setup @ 1.30-301 {image}
i will try to stay away from GBP pairs - fast falling fast up moving too much confusion - the best pair to trade now days is EU because
every thing is going to be respected but GBP is bullshit nealy 2 months i change my trading pair last year from EU to GBPUSD
but now feeling EU is save to trade than GBPUSD because sadden fall & sadden up move is out of analysis

take care guys - i will be here see you nice analysis & guidance
To Win You Must Loss Something ...
  • #513,651
  • Mar 11, 2020 9:08am Mar 11, 2020 9:08am
not sure,
the important thing is the monthly not breaking down to maintain a hold consolidation view of all the range
I don't think it can break down this week at all, I hold the same view =patience, because US has a super big problem coming up and they will act again.

Quoting msniper
{quote} do you believe 1.35 to 1.39 is possible ?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #513,652
  • Mar 11, 2020 9:13am Mar 11, 2020 9:13am
Take Italy and double it with their attitude .
pro rata
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #513,653
  • Edited 9:40am Mar 11, 2020 9:29am | Edited 9:40am
daily would be true ,in line with weekly ,see close
it has to go through the consolidation phase as that's quite the fall

For a big virus rise you need a bigger dominator, thats why Italy rise so fast recently ,and shut the country down. Shutting down obviously halts the rise.
S Korea have handled it very well, aggressive, saved lives...

Estimates of Iran are way higher all boxes
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #513,654
  • Mar 11, 2020 9:39am Mar 11, 2020 9:39am
Long daily continuation for me entry upon H1 break above 29764

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 23 KB


Probably some more sideways consolidation before the break
Follow The Markets Structure - Patience and Discipline
  • #513,655
  • Mar 11, 2020 10:15am Mar 11, 2020 10:15am
just for a cup of coffee...
  • #513,656
  • Mar 11, 2020 11:22am Mar 11, 2020 11:22am
Quoting Almo2312
200 pips and counting{image} Cheers
Still there and some more pickup's on the road
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Cheers
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #513,657
  • Mar 11, 2020 11:34am Mar 11, 2020 11:34am
from the desk of harmonic trader...
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Always trade your own plan...I don't provide trading signals.
  • #513,658
  • Mar 11, 2020 11:44am Mar 11, 2020 11:44am
Quoting Coreg2004
from the desk of harmonic trader... {image}
pattern
Attached Image (click to enlarge)
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Intraday only.
  • #513,659
  • Edited 12:07pm Mar 11, 2020 11:56am | Edited 12:07pm
Quoting navk
{quote} pattern {image}
navk, I don't know why did you hook up your anchor leg where you did?... My harmonic patterns start at a swing high or low. I don't choose points in the middle of the swing...Now look at the pictures below and ask yourself the question: where would I seek bat, Gartley or butterfly, and crab patterns?
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Attached Image
Always trade your own plan...I don't provide trading signals.
  • #513,660
  • Mar 11, 2020 12:06pm Mar 11, 2020 12:06pm
Quoting Coreg2004
from the desk of harmonic trader... {image}
both correct and both possible
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