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Cable Update (GBPUSD)

  • #535,501
  • Jul 14, 2020 9:34pm Jul 14, 2020 9:34pm
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yes yes yes
  • #535,502
  • Jul 14, 2020 10:30pm Jul 14, 2020 10:30pm
gu needs to break last h4 low , 1.25630to resume the bearish move
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yes yes yes
  • #535,503
  • Jul 14, 2020 10:50pm Jul 14, 2020 10:50pm
what if this harmonic pattern happen
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  • #535,504
  • Jul 14, 2020 10:53pm Jul 14, 2020 10:53pm
Quoting Georginson
Price cannot move in a particular direction without some form of reversal. Since last week high of 1.2669, price had attempted to break the high on 3 different occasions and couldn't break, hence price dropped to a low of 1.2479 which happened less than 35 hours after high of 1.2665 this week. The weekly range as it stands is 186 pips which still has additional 25 - 80 more pips to break. The big question is which of the two levels (1.2665 or 1.2479) will break? Today is Wednesday being mid week and usually has average range of 90 - 130 pips and...
  • #535,505
  • Jul 14, 2020 10:59pm Jul 14, 2020 10:59pm
Weeeee!

Don't forget: major pufferfish feeding grounds just above that bear-trap triple top

Teh puffer is gunning for them!
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  • #535,506
  • Jul 14, 2020 10:59pm Jul 14, 2020 10:59pm
Morning Traders, sharing personal view - waiting for one more kick up, around 1.2610 (time expectancy in the next 3 hours) and then am short if it forms a high/i.e. reacts. Let's see! Good luck to All and cut them losses quick!
A trader is as good as his stop loss. Understand your mistakes.
  • #535,507
  • Jul 14, 2020 11:14pm Jul 14, 2020 11:14pm
Quoting msniper
what if this harmonic pattern happen {image}
I'll donate my account to charity if it does
Compulsions can be hard to resist
  • #535,508
  • Edited 11:30pm Jul 14, 2020 11:15pm | Edited 11:30pm
Quoting msniper
what if this harmonic pattern happen {image}
how about a little more mate
just for a cup of coffee...
  • #535,509
  • Jul 14, 2020 11:17pm Jul 14, 2020 11:17pm
My view of price action is 1.2620-25 then fall..hope the shoot wont miss.
  • #535,510
  • Jul 14, 2020 11:21pm Jul 14, 2020 11:21pm
Quoting trumps
{quote} I'll donate my account to charity if it does
well noted
not euphoria follower
  • #535,511
  • Jul 14, 2020 11:21pm Jul 14, 2020 11:21pm
Quoting akim0895
{quote} hiw about a little more mate
more to where down side or up side lol
  • #535,512
  • Jul 14, 2020 11:21pm Jul 14, 2020 11:21pm
Quoting navk
price may test 2616 to 2620 today.
when my fairy 2680?
just for a cup of coffee...
  • #535,513
  • Edited 11:36pm Jul 14, 2020 11:22pm | Edited 11:36pm
Quoting guestfromeast
My view of price action is 1.2620-25 then fall..hope the shoot wont miss.
Particularly, with that favourable CPY news. And for effect, there is an old H1 average swing hi at 2625
  • #535,514
  • Jul 14, 2020 11:22pm Jul 14, 2020 11:22pm
Quoting msniper
{quote} more to where down side or up side lol
is it you talk about there mate?
so i want higher
just for a cup of coffee...
  • #535,515
  • Jul 14, 2020 11:25pm Jul 14, 2020 11:25pm
2585 from yesterday hit, next could be m30 2605 and h1 2630.
h4 got long signal to be completed if price hit above 2660.

Time will tell
COT: The precious data ignored
  • #535,516
  • Jul 14, 2020 11:30pm Jul 14, 2020 11:30pm
Attached Image (click to enlarge)
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yes yes yes
  • #535,517
  • Jul 14, 2020 11:32pm Jul 14, 2020 11:32pm
Quoting Moty
{image}{image}
Dxy just break previous S,
you cant ignore it and expect it straight reverse
take care Moty
PA
  • #535,518
  • Jul 14, 2020 11:32pm Jul 14, 2020 11:32pm
4h candle if close above 1.2584 or 1.2587 i will be bullish and no more down scenario for me. so still we need 3 more hours to confirm
  • #535,519
  • Jul 14, 2020 11:48pm Jul 14, 2020 11:48pm
targetting 1.3 within 15- 30 trading days ?
not euphoria follower
  • #535,520
  • Jul 14, 2020 11:51pm Jul 14, 2020 11:51pm
Short 1.2597
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