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Cable Update (GBPUSD)

  • #536,481
  • Jul 19, 2020 9:15pm Jul 19, 2020 9:15pm
Quoting Marcieny
I will wait longer to trade gu because the uk index may be the first to fill the gap below, it was one that rose the least. Anyway I will wait.
Intraday only.
  • #536,482
  • Edited 9:35pm Jul 19, 2020 9:21pm | Edited 9:35pm
Quoting navk
{quote}
  • #536,483
  • Jul 19, 2020 9:43pm Jul 19, 2020 9:43pm
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 35 KB
yes yes yes
  • #536,484
  • Jul 19, 2020 10:01pm Jul 19, 2020 10:01pm
Morning everyone
just wake up at miss that drop
hope another drop is coming soon
  • #536,485
  • Jul 19, 2020 10:04pm Jul 19, 2020 10:04pm
Quoting Moty
{image}
if only you have stayed with your sell or closed when you had the chance to, i wonder why you bought from the high ??? rather than the low
  • #536,486
  • Jul 19, 2020 10:07pm Jul 19, 2020 10:07pm
GU H4
Attached Image (click to enlarge)
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  • #536,487
  • Jul 19, 2020 10:17pm Jul 19, 2020 10:17pm
Quoting Moty
{image}
it is likely low for the day 2518.

Now. 2613.
Intraday only.
  • #536,488
  • Jul 19, 2020 10:30pm Jul 19, 2020 10:30pm
Quoting Moty
{image}
Moty, your analysis is good but why do you always place your entries at levels where up trends that reverse into downtrends and downtrends that reverse into up trends? -- missing the entire move.
  • #536,489
  • Jul 19, 2020 10:32pm Jul 19, 2020 10:32pm
Quoting navk
{quote} it is likely low for the day 2518. Now. 2613.
serious
  • #536,490
  • Jul 19, 2020 10:33pm Jul 19, 2020 10:33pm
Quoting navk
{quote} it is likely low for the day 2518. Now. 2613.
As far as I can see we are heading down to 1.23xxx before a leg up. I might be wrong. Trade Safe.

TW
WARNING: This post warps space and time in its vicinity.
  • #536,491
  • Jul 19, 2020 10:35pm Jul 19, 2020 10:35pm
Quoting failinforex
{quote} serious
IMO, the price needs to test 2600 and then fail there for big drop.

Let us see.
Intraday only.
  • #536,492
  • Jul 19, 2020 10:38pm Jul 19, 2020 10:38pm
Quoting WizardTrade
{quote} As far as I can see we are heading down to 1.23xxx before a leg up. I might be wrong. Trade Safe. TW
this weekly and montly are likely to be bearish.

But R2 needs to be tested.

The fall in asia is due to opening down.

IMO
Intraday only.
  • #536,493
  • Jul 19, 2020 10:52pm Jul 19, 2020 10:52pm
Quoting navk
{quote} IMO, the price needs to test 2600 and then fail there for big drop. Let us see.
waiting for my 2680..
️
just for a cup of coffee...
  • #536,494
  • Jul 19, 2020 10:55pm Jul 19, 2020 10:55pm
Quoting akim0895
{quote} waiting for my 2680.. ️
If the neckline at 1.250xx breaks.. 2680 can become a near to impossible cry instead of a far one
WARNING: This post warps space and time in its vicinity.
  • #536,495
  • Jul 19, 2020 10:59pm Jul 19, 2020 10:59pm
Quoting WizardTrade
{quote} If the neckline at 1.250xx breaks.. 2680 can become a near to impossible cry instead of a far one
hahaha your very correct the ranging market might be over
  • #536,496
  • Jul 19, 2020 11:03pm Jul 19, 2020 11:03pm
Quoting WizardTrade
{quote} If the neckline at 1.250xx breaks.. 2680 can become a near to impossible cry instead of a far one
ha ha..
2500 already break last week
more important to watch is 2450/60
there is where decision will come..
more down or back up..
but not test yet or never..
i might be wrong too
️
just for a cup of coffee...
  • #536,497
  • Jul 19, 2020 11:10pm Jul 19, 2020 11:10pm
Quoting akim0895
{quote} ha ha.. 2500 already break last week more important to watch is 2450/60 there is where decision will come.. more down or back up.. but not test yet or never.. i might be wrong too ️
Let me show you the neckline It is not the level it is the Head and shoulders pattern which is important if the H&S pattern gets a go ahead... there will be a

bloodbath of buyers .


Cheers

PS: Also the price is under the 200 SMA on all TFs you can check that as well
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot0.png Size: 29 KB
WARNING: This post warps space and time in its vicinity.
  • #536,498
  • Jul 19, 2020 11:11pm Jul 19, 2020 11:11pm
Quoting akim0895
{quote} waiting for my 2680.. ️
for a small cash, you waiting too long.

Intraday only.
  • #536,499
  • Jul 19, 2020 11:13pm Jul 19, 2020 11:13pm
Quoting navk
{quote} for a small cash, you waiting too long.
you will watch what happen if get there..
if not never mind..
just for a cup of coffee...
  • #536,500
  • Jul 19, 2020 11:14pm Jul 19, 2020 11:14pm
testing buy sl 1.25100
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