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Cable Update (GBPUSD)

  • #559,101
  • Nov 16, 2020 8:06am Nov 16, 2020 8:06am
Quoting gatenio
took another buy. 1.317.. sl 20 tp open.. but aim high..
SL +5
hope bears wishes are over.
  • #559,102
  • Nov 16, 2020 8:12am Nov 16, 2020 8:12am
Quoting gatenio
{quote} just bring my cable to 1.335 first
still expecting down move
have a " large stop "... can be wrong ofc
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  • #559,103
  • Nov 16, 2020 8:13am Nov 16, 2020 8:13am
Quoting gatenio
{quote} SL +5 hope bears wishes are over.
not yet. sit tight
  • #559,104
  • Nov 16, 2020 8:17am Nov 16, 2020 8:17am
Quoting kk300
{quote} not yet. sit tight
lol ok.. let see..
i think my sl will be on +20 before they will take my +5.. but lets see.
  • #559,105
  • Nov 16, 2020 8:19am Nov 16, 2020 8:19am
Quoting kk300
{quote} not yet. sit tight
what your target?
  • #559,106
  • Nov 16, 2020 8:19am Nov 16, 2020 8:19am
... that right shoulder of the 4hr H&S did indeed become a fractal swing with the close of last 4hr candle on my charting anyways, but it closed as an inverted hammer which in and of itself is a bullish candle, so looks like the bears might have to wait a bit longer,? 2 tests of and 2 bounces from it now - this daily open/current dly lo zone - these 2 tests visible on 1hr.

4hr below.
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Trader with an Edge.
  • #559,107
  • Nov 16, 2020 8:23am Nov 16, 2020 8:23am
Quoting kk300
Sold at 220. Target 3053
This.but will rethink on 3110.
  • #559,108
  • Nov 16, 2020 8:26am Nov 16, 2020 8:26am
Quoting kk300
{quote} This.but will rethink on 3110.
yeah.. this was my last week target
but picture is different now.
now today will maybe go to 1.3235 area.. then 1.335 maybe tomorrow..
after that idontknow lets see.

my 4h pointing on your target, but not now.
good luck
  • #559,109
  • Nov 16, 2020 8:36am Nov 16, 2020 8:36am
Re daily open/current dly lo zone - bulls seem determined !?
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Trader with an Edge.
  • #559,110
  • Nov 16, 2020 8:41am Nov 16, 2020 8:41am
now it should continue the down move.
  • #559,111
  • Nov 16, 2020 8:42am Nov 16, 2020 8:42am
Quoting kk300
now it should continue the down move.
Or all the way up
Make money by doing the opposite of Giveachance aka loser
  • #559,112
  • Edited 8:59am Nov 16, 2020 8:43am | Edited 8:59am
I'll wait until it hit at least daily open and will look for short at <31240. But it too late already, so I don't think there will be big move today...
Observer effect
  • #559,113
  • Nov 16, 2020 8:47am Nov 16, 2020 8:47am
Quoting nessus94
{quote} Or all the way up
Are you buying it?
  • #559,114
  • Nov 16, 2020 8:47am Nov 16, 2020 8:47am
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yes yes yes
  • #559,115
  • Nov 16, 2020 8:48am Nov 16, 2020 8:48am
Quoting kk300
now it should continue the down move.
they took my sl+5.

good luck, im done for today.

my view remain the same, just w\o me.
i made enough for today, time to rest.
  • #559,116
  • Nov 16, 2020 8:51am Nov 16, 2020 8:51am
Quoting gatenio
{quote} they took my sl+5. good luck, im done for today. my view remain the same, just w\o me. i made enough for today, time to rest.
I am hoping it to go 3050 by tommorrow.
  • #559,117
  • Nov 16, 2020 8:51am Nov 16, 2020 8:51am
Re prev 1hr sw hi zone to 3217 - bears seem determined !?

lol
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  • #559,118
  • Nov 16, 2020 8:52am Nov 16, 2020 8:52am
Quoting ryuryu
I'll wait until it hit at least daily open. But it too late already, so I don't think there will be big move today...
1,32 is too expansive for me
i would prefer to sell high price
or buy below 1,24
Make money by doing the opposite of Giveachance aka loser
  • #559,119
  • Nov 16, 2020 8:53am Nov 16, 2020 8:53am
2 attempts to break 3203 resistance rejected and failed to close above , now on hourly looks like some kind of sideways pattern forming before the break of 3164 then its adios toros.

In any event i am well positioned with shorts from 3214 and i will take a gold short now @ 1886


As for gold still retesting the break down point of the abc corrective pattern 4H
Follow The Markets Structure - Patience and Discipline
  • #559,120
  • Nov 16, 2020 8:56am Nov 16, 2020 8:56am
Quoting pipfarm
2 attempts to break 3203 resistance rejected and failed to close above , now on hourly looks like some kind of sideways pattern forming before the break of 3164 then its adios toros.
yes, imo
Intraday only.
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