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Cable Update (GBPUSD)

  • #537,461
  • Jul 22, 2020 8:36am Jul 22, 2020 8:36am
PA is king..
BF
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AF
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Le$$ I$ More
  • #537,462
  • Jul 22, 2020 8:42am Jul 22, 2020 8:42am
Intense battle between The Bulls and The Bears today, on the side line watching!!!
  • #537,463
  • Jul 22, 2020 8:45am Jul 22, 2020 8:45am
Eu at 1.16000
This is a massive resistance
Dx is about to fly
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yes yes yes
  • #537,464
  • Jul 22, 2020 8:56am Jul 22, 2020 8:56am
And still, the bulls remain in control of the H4 and Daily. Patiently waiting for a good long entry.

Guz
Charts don't drive price, market conditions drive price...
  • #537,465
  • Jul 22, 2020 8:57am Jul 22, 2020 8:57am
Holding my short , price touching pivot now , i think down after this candle , unless this candles closes above pivot
  • #537,466
  • Jul 22, 2020 8:59am Jul 22, 2020 8:59am
Nice 1H candle <.<
  • #537,467
  • Jul 22, 2020 8:59am Jul 22, 2020 8:59am
Quoting Headland
...just updating charts....thought I'd check in...bulls making another attempt with the 1hr/2hr hidden div at the topside of the breeched daily desc t/line (2 x fibs of 1hr + swings up to 2767 at current dly lo also ...) {image}
Just taking a further look at charts for an hour or so...bored of the sun....Hidden div referred to above has played out so far with the rise...no new trend hi yet though above y/day's hi......4hr below. Closer look on 1hr below it.
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Trader with an Edge.
  • #537,468
  • Jul 22, 2020 9:01am Jul 22, 2020 9:01am
Quoting thevisitor
long 1.2695 Tp 1.2780
good call
Intraday only.
  • #537,469
  • Jul 22, 2020 9:02am Jul 22, 2020 9:02am
Quoting navk
{quote} good call
hope so
  • #537,470
  • Jul 22, 2020 9:02am Jul 22, 2020 9:02am
Quoting Headland
{quote} Just taking a further look at charts for an hour or so...bored of the sun....Hidden div referred to above has played out so far with the rise...no new trend hi yet though above y/day's hi......4hr below. {image}
In portugal at the moment 32º im melting here
(price rejecting 1H pivot ) higher we might go ( still holding my short but probably not for to long i see)
  • #537,471
  • Jul 22, 2020 9:04am Jul 22, 2020 9:04am
Quoting Roszey
PA is king.. BF{image}AF {image}
Great stuff!
  • #537,472
  • Jul 22, 2020 9:05am Jul 22, 2020 9:05am
Now in long, aiming for TP:1.2763
Charts don't drive price, market conditions drive price...
  • #537,473
  • Jul 22, 2020 9:09am Jul 22, 2020 9:09am
dxy week and month, on the bottom BB
gu adr is almost full, eu above adr.
two day to weekend.
9 calendar days to end of the month.

trade safe.
  • #537,474
  • Jul 22, 2020 9:09am Jul 22, 2020 9:09am
Sill holding TP where the arrow is (usdindex looks like whants to wake up
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  • #537,475
  • Jul 22, 2020 9:10am Jul 22, 2020 9:10am
Quoting gatenio
dxy week and month, on the bottom BB gu adr is almost full, eu above adr. two day to weekend. 9 calendar days to end of the month. trade safe.
Are you still holding your short?
  • #537,476
  • Jul 22, 2020 9:10am Jul 22, 2020 9:10am
Quoting HBN08
Sill holding TP where the arrow is (usdindex looks like whants to wake up {image}
We got similar my guy
"Anger clouds the mind. Turned inward, it is an unconquerable enemy."
  • #537,477
  • Jul 22, 2020 9:10am Jul 22, 2020 9:10am
Quoting gatenio
dxy week and month, on the bottom BB gu adr is almost full, eu above adr. two day to weekend. 9 calendar days to end of the month. trade safe.
I saw what you did there (im with you)
  • #537,478
  • Jul 22, 2020 9:10am Jul 22, 2020 9:10am
Quoting mastersplint
{quote} We got similar my guy
Hope we got it man
  • #537,479
  • Jul 22, 2020 9:12am Jul 22, 2020 9:12am
Quoting thevisitor
{quote} hope so
if it falls below 2690, then not good.

Almost 50 % retraced in the long from 2640 to 2730.

Now 2690 is mid level.
Intraday only.
  • #537,480
  • Jul 22, 2020 9:13am Jul 22, 2020 9:13am
My last comment for traders here this month.

An advice that the real game will be focused from now until end of month at 1.2730s-1.2750s
Any close below the first level and next month there will be good margin to retrace toward around 1.2550
A close below this level this month will be bearish..
While a close above 1.2750s will be a bullish signal.

Trade accordingly...

Good Luck with your trading...Peace✌
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
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