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Cable Update (GBPUSD)

  • #559,341
  • Nov 17, 2020 10:58am Nov 17, 2020 10:58am
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 34 KB
yes yes yes
  • #559,342
  • Nov 17, 2020 11:04am Nov 17, 2020 11:04am
I closed half my positions with small profit. Now I am sure it will drop big
  • #559,343
  • Nov 17, 2020 11:08am Nov 17, 2020 11:08am
Quoting Ehsank78
I closed half my positions with small profit. Now I am sure it will drop big
We have a bullish flag, could shoot up anytime, be careful
  • #559,344
  • Nov 17, 2020 11:14am Nov 17, 2020 11:14am
Quoting fxmasterdxb
{quote} Price Action
I know what is PA, but my question is where you see it?
  • #559,345
  • Nov 17, 2020 11:14am Nov 17, 2020 11:14am
Quoting Ehsank78
I closed half my positions with small profit. Now I am sure it will drop big
where's that confident came from.. as far as i see we have bullish flag on h1, bullish trend on bigger TF.. DXY still fall..
carefull bro..
Trade what you see, not what you think.. react and stay sharp..
  • #559,346
  • Nov 17, 2020 11:18am Nov 17, 2020 11:18am
Quoting miedpreneur
{quote} where's that confident came from.. as far as i see we have bullish flag on h1, bullish trend on bigger TF.. DXY still fall.. carefull bro..
maybe from the possibilities Double Top pattern on H4
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  • #559,347
  • Nov 17, 2020 11:21am Nov 17, 2020 11:21am
Quoting pinguin
{quote} maybe from the possibilities Double Top pattern on H4
oh i see.. but honestly not enough wick to body to be considered as double top.. and its not enough time to create bearish engulfing candle on h4 before.. i see no patern indicates down move.. but i can go wrong..

if not go up sideways more likely
or if there big drop at least 1.3280 are first (cause w1 resist zone on that area)
time will tell
Trade what you see, not what you think.. react and stay sharp..
  • #559,348
  • Nov 17, 2020 11:26am Nov 17, 2020 11:26am
Quoting achv
{quote} I know what is PA, but my question is where you see it?
30m, 1h possible heading to 1.3223, anyway i wont sell it as its too risky, might consider buying there
  • #559,349
  • Nov 17, 2020 11:37am Nov 17, 2020 11:37am
Quoting fxmasterdxb
{quote} 30m, 1h possible heading to 1.3223, anyway i wont sell it as its too risky, might consider buying there
thank you!
  • #559,350
  • Nov 17, 2020 11:48am Nov 17, 2020 11:48am
15 minutes from now.. powell speech.. which side will go ? up or down..
Trade what you see, not what you think.. react and stay sharp..
  • #559,351
  • Nov 17, 2020 12:03pm Nov 17, 2020 12:03pm
3240 long for 20
Twitter: Rummer_grapes
  • #559,352
  • Nov 17, 2020 12:07pm Nov 17, 2020 12:07pm
Quoting miedpreneur
15 minutes from now.. powell speech.. which side will go ? up or down..
Maybe nothing happens..
I will tear the world apart for you.
  • #559,353
  • Nov 17, 2020 12:09pm Nov 17, 2020 12:09pm
ha.. boring..
Trade what you see, not what you think.. react and stay sharp..
  • #559,354
  • Nov 17, 2020 1:15pm Nov 17, 2020 1:15pm
Long consolidation in tight ranges yesterday and today. I guess a big move is being prepared. Would be great to see another bull run to 1.35 before inevitable drop, but 1.33 won't be easy to break I think.
  • #559,355
  • Nov 17, 2020 1:16pm Nov 17, 2020 1:16pm
Quoting Bacco
3240 long for 20
Two great entries for you today.
  • #559,356
  • Nov 17, 2020 1:35pm Nov 17, 2020 1:35pm
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 35 KB
yes yes yes
  • #559,357
  • Nov 17, 2020 1:46pm Nov 17, 2020 1:46pm
Quoting Moty
{image}
I think it will push 20-30 pips south before going up, anyway we will see
  • #559,358
  • Nov 17, 2020 2:19pm Nov 17, 2020 2:19pm
Quoting VM.
{quote} Two great entries for you today.
Thank you. Normally I stop at the first 20. Better don't be greedy.
Twitter: Rummer_grapes
  • #559,359
  • Nov 17, 2020 2:25pm Nov 17, 2020 2:25pm
Quoting VM.
Long consolidation in tight ranges yesterday and today. I guess a big move is being prepared. Would be great to see another bull run to 1.35 before inevitable drop, but 1.33 won't be easy to break I think.
Look at gj as well. Since 13th is in a tight range. 2/3 of my system is suggesting a deeper correction is probably on cards. But not ready yet. It might continue up.
But looking at cot institutional are net short on gbp,plus there is some extreme long positions that is still waiting to be corrected. And on jpy are increasing the longs.
It might take gu on the ride
Twitter: Rummer_grapes
  • #559,360
  • Nov 17, 2020 9:40pm Nov 17, 2020 9:40pm
Good Morning All,

please let me share what i thought about GBPUSD
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSD-D1.jpg Size: 153 KB
Click to Enlarge Name: GBPUSD-H4.jpg Size: 155 KB
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