{quote} Selling this pair now will be trap of the decade, a bounce to 1.2210 is expected from here which can now be met with a small sell to 1.2035 region.... After this price will jump with aggression to 1.2745. this is a Marathon not a sprint.
Cable Update (GBPUSD)
- #522,281
- May 22, 2020 2:30am May 22, 2020 2:30am
- Joined Nov 2013 | Status: Trader | 2,387 Posts
- #522,283
- May 22, 2020 2:36am May 22, 2020 2:36am
- Joined Mar 2020 | Status: Trader | 3,499 Posts
Assuming this 1hr closes bearish, a retest of 1.22 would be a good sell.
There's a nice broken trendline there I'm sure of it
There's a nice broken trendline there I'm sure of it
Compulsions can be hard to resist
- #522,284
- May 22, 2020 2:37am May 22, 2020 2:37am
- Joined Oct 2007 | Status: Saudi Arabia/Dubai | 3,584 Posts
- #522,285
- May 22, 2020 2:37am May 22, 2020 2:37am
- Joined Mar 2020 | Status: Trader | 3,499 Posts
Since 1.21850 was broken then it became a 1 to 5 dropout Elliott pattern, because third deep down was created and it ruled out the possibility of abc correction {image} {image}
Compulsions can be hard to resist
- #522,287
- May 22, 2020 2:41am May 22, 2020 2:41am
- Joined Mar 2018 | Status: Trader | 1,529 Posts
Bear move very fast. 
- #522,288
- May 22, 2020 2:42am May 22, 2020 2:42am
- Joined Aug 2018 | Status: Research Analyst | 4,289 Posts
{quote}
When price trades at 1.2270 I said I was bearish in the short term and hence price has fallen by 100 pips from there, which happens to be a correct call. I haven't misled anyone with my information here and I'm not a double faced human like you. So stay off my back.
Price possible support at 1.2000 and a surge to 1.27 in the medium term.
Cheers!
Data + Stat + Risk/Emotions Management
- #522,289
- May 22, 2020 2:42am May 22, 2020 2:42am
- Joined Dec 2013 | Status: Trader | 19,815 Posts
- #522,290
- May 22, 2020 2:42am May 22, 2020 2:42am
- | Commercial User | Joined Feb 2017 | 24,065 Posts
did anyone needed any glasses???
just for a cup of coffee...
- #522,291
- May 22, 2020 2:42am May 22, 2020 2:42am
- Joined Mar 2007 | Status: Trader | 8,618 Posts
Apologies if someone has already posted this, but it ain't a double top formation until the neckline is broken. (And retested) These sometimes play out text book so here is a chart: {image}
Here's a potential target for anyone who can keep their fingers off the "take profit" button long enough.
Gone to a better place
- #522,293
- May 22, 2020 2:46am May 22, 2020 2:46am
- Joined Oct 2010 | Status: Trader | 21,478 Posts
Intraday only.
- #522,294
- May 22, 2020 2:46am May 22, 2020 2:46am
- Joined Mar 2020 | Status: Trader | 3,499 Posts
Short
Compulsions can be hard to resist
- #522,298
- May 22, 2020 2:48am May 22, 2020 2:48am
- Joined Mar 2020 | Status: Trader | 3,499 Posts
I need those muppets keep short so my long will active soon especialy those who add their short with 0.5 pips one lolz
Compulsions can be hard to resist
- #522,299
- May 22, 2020 2:48am May 22, 2020 2:48am
{quote} {image} Here's a potential target for anyone who can keep their fingers off the "take profit" button long enough.
Great quote
Keep it simple stupid
- #522,300
- May 22, 2020 2:51am May 22, 2020 2:51am
- | Commercial User | Joined Feb 2017 | 24,065 Posts
{quote} Yes, I still maintain my stand on this 1.27 and as at time of typing then price was trading at 1.2100, a day later price was just 3 pips away from 1.2300. a reasonable trader called my attention that many new traders are here and are mostly scalpers or short term traders, so calling high numbers like that can affect short term trading hence I had to be careful with these calls. When price trades at 1.2270 I said I was bearish in the short term and hence price has fallen by 100 pips from there, which happens to be a correct call. I haven't...
maybe i’m only a scalper or short term traders..
if like that i need to learn more..
how about this short
..is its still short term traders? 
just for a cup of coffee...