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Cable Update (GBPUSD)

  • #533,321
  • Jul 6, 2020 10:29pm Jul 6, 2020 10:29pm
target 1.2487 - 1.2450
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SCALP WIN
  • #533,322
  • Jul 6, 2020 10:45pm Jul 6, 2020 10:45pm
GU continues to move in the triangle, until tomorrow.
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SCALP WIN
  • #533,323
  • Jul 6, 2020 11:34pm Jul 6, 2020 11:34pm
Quoting navk
2519 is key level for today. If it breaks, going higher. by 50 to 60 pips. ?? I dunno.
I posted this yesterday.

The price is bullish, however the 2519 acts as strong resistance for the moment which augurs well for a pull back.

I would like to see a 4hr support for any further upward movement beyond 2519.

Let us see in London if 2519 breaks or 5 AM est candle provides any sort of support.
Intraday only.
  • #533,324
  • Jul 6, 2020 11:57pm Jul 6, 2020 11:57pm
Quoting sartu
Sold at 1.2493 SL 20 Pips TP 20 Pips
SL removed because it seems it going to hit but I know price has to come down just need to wait
  • #533,325
  • Jul 7, 2020 12:01am Jul 7, 2020 12:01am
Quoting sartu
{quote} SL removed because it seems it going to hit but I know price has to come down just need to wait
Rather move stop loss but do not remove it, i made that mistake
I trade my own information and follow my own methods.
  • #533,326
  • Jul 7, 2020 12:14am Jul 7, 2020 12:14am
I think, GU will test the current resistance anytime soon then drops afterwards. Maybe. Just Maybe.
Good Plan. Good Mindset.
  • #533,327
  • Jul 7, 2020 12:22am Jul 7, 2020 12:22am
Fingers crossed today is the day
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Don't trade what you think. Just what you see!!!
  • #533,328
  • Jul 7, 2020 12:25am Jul 7, 2020 12:25am
Bullish dragon already IN since few days ago . Just relax and watch the movie at the moment
not euphoria follower
  • #533,329
  • Jul 7, 2020 12:34am Jul 7, 2020 12:34am
Hello. Another subdued 69pip range yesterday. After 3 x LH's on Daily we now have a fractal HL.....Meantime that prev 1hr/2hr/4hr sw hi zone leading up to 2519/20 is proving to be an upside obstacle. Above ther and the swing hi's (on various 1hr+) t/f's to 2529 and 2543 await as well as desc t/lines on 1hr and 4hr. 1hr chart below shows the potential support factors to the immediate downside.

G/L to all today.
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Trader with an Edge.
  • #533,330
  • Jul 7, 2020 12:46am Jul 7, 2020 12:46am
Long
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  • #533,331
  • Jul 7, 2020 12:46am Jul 7, 2020 12:46am
if the price drops to 2466 or 2437, good for bulls.
Intraday only.
  • #533,332
  • Jul 7, 2020 12:49am Jul 7, 2020 12:49am
Quoting navk
if the price drops to 2466 or 2437, good for bulls.
Will Add more Long at that level
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  • #533,333
  • Jul 7, 2020 12:51am Jul 7, 2020 12:51am
Quoting dondealova
{quote} Will Add more Long at that level
yea
Intraday only.
  • #533,334
  • Jul 7, 2020 12:55am Jul 7, 2020 12:55am
engulfing bearish candle
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yes yes yes
  • #533,335
  • Jul 7, 2020 1:01am Jul 7, 2020 1:01am
...bearish 1hr close with steepest asc t/line breech.
Trader with an Edge.
  • #533,336
  • Jul 7, 2020 1:10am Jul 7, 2020 1:10am
Quoting dondealova
Long {image}
Fiiuuuhhh
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  • #533,337
  • Jul 7, 2020 1:16am Jul 7, 2020 1:16am
the dips are to be bought at regular levels for TP at 2550.

For me only
Intraday only.
  • #533,338
  • Jul 7, 2020 1:22am Jul 7, 2020 1:22am
Bought. Aiming for a test of todays high.

Also DXY is showing a bearish Gartley on 15 min.
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Patience and Discipline.
  • #533,339
  • Jul 7, 2020 1:25am Jul 7, 2020 1:25am
Quoting sartu
{quote} SL removed because it seems it going to hit but I know price has to come down just need to wait
Moving SL worked out closed Manually with +10pips. Waiting to London open
  • #533,340
  • Jul 7, 2020 1:34am Jul 7, 2020 1:34am
Buyers gradually losing steam. 25300 resistance still active. We could see 100pips down from today high
Keep the Lights on then you can catch the rise from the dark.
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