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Cable Update (GBPUSD)

  • #560,601
  • Nov 24, 2020 12:54am Nov 24, 2020 12:54am
waiting for London to open am sure only then, might we see the market direction
99.9% persistence
  • #560,602
  • Edited 1:15am Nov 24, 2020 1:02am | Edited 1:15am
This is such a bullshit move.
It will drop like yesterday aveantually
Attached Image (click to enlarge)
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yes yes yes
  • #560,603
  • Nov 24, 2020 1:08am Nov 24, 2020 1:08am
Quoting Moty
This is such a bullshit move. It will drop like yesterday aveantually
am actually thinking the same thing too
99.9% persistence
  • #560,604
  • Nov 24, 2020 1:09am Nov 24, 2020 1:09am
Quoting Moty
This is such a bullshit move. It will drop like yesterday aveantually
Just buy
and wait new highs over and over and over
Make money by doing the opposite of Giveachance aka loser
  • #560,605
  • Nov 24, 2020 1:12am Nov 24, 2020 1:12am
I am still short bias. We probably will see 1.324x during London open.
  • #560,606
  • Nov 24, 2020 1:16am Nov 24, 2020 1:16am
I am expecting 3150-60 this week. And 2900 and less in december.
Everyone can see the chart, but only a few can actually read it.
  • #560,607
  • Nov 24, 2020 1:17am Nov 24, 2020 1:17am
are you ready fishing?
  • #560,608
  • Nov 24, 2020 1:26am Nov 24, 2020 1:26am
I'm expecting it to do whatever it will do - it is never wrong lol ! I wonder whether it will have another go at these desc t/lines above current price and deeper into that wide prev dly/wkly/mthly sw hi zone to 3482 then 3514? Dly R1 @ 3392, Wkly R2 just above y/day's 3398 hi @ 3404. London forex kicking in although it's when equities open that most cross volume flows occurs. Bearish hidden div building on 30min.

Still hasn't fallen out the bottom of the 4hr/dly rising wedge yet despite y/day's drop ! dly below.

Oh no - they've started playing xmas songs on the radio ! (Slade: ker-ching)
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Trader with an Edge.
  • #560,609
  • Nov 24, 2020 1:27am Nov 24, 2020 1:27am
Quoting OnlineAddict
I am expecting 3150-60 this week. And 2900 and less in december.
If only dreams could come true lol
Make money by doing the opposite of Giveachance aka loser
  • #560,610
  • Nov 24, 2020 1:39am Nov 24, 2020 1:39am
solddddd
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #560,611
  • Nov 24, 2020 1:40am Nov 24, 2020 1:40am
Quoting nessus94
{quote} If only dreams could come true lol
Looking at both, technicals and fundamentals, I think bulls are dreaming...might turn into a nasty nightmare.
Everyone can see the chart, but only a few can actually read it.
  • #560,612
  • Nov 24, 2020 1:45am Nov 24, 2020 1:45am
15 minutes to London.. it ll all be clear. just need a little patience
99.9% persistence
  • #560,613
  • Nov 24, 2020 1:47am Nov 24, 2020 1:47am
Quoting nessus94
{quote} If only dreams could come true lol
waiting buyer action. The big question why no deal for 1.40? trump to biden wil slow but sure make $ stronger. Tehnical for 1.40? it totally dream...
  • #560,614
  • Nov 24, 2020 1:51am Nov 24, 2020 1:51am
...just about touched bottom of that 1hr prev sw lo zone = prev supp = pot rbs...@/around that 61.8% fib. 1hr below. sellers there....30min bearish hidden div kicking in ?
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Trader with an Edge.
  • #560,615
  • Nov 24, 2020 1:54am Nov 24, 2020 1:54am
Engulfing candle
The drop is coming
Attached Image (click to enlarge)
Click to Enlarge Name: CamScanner 11-24-2020 09.54_1.jpg Size: 131 KB
yes yes yes
  • #560,616
  • Nov 24, 2020 1:55am Nov 24, 2020 1:55am
Quoting nessus94
{quote} Just buy and wait new highs over and over and over
It's only going to continue up till around 1.347 tonight. Retrace a bit and continue up to 1.43. another retrace and then up to 1.53 over the next 6 months. Goodluck looking at things in this perspective.
  • #560,617
  • Nov 24, 2020 2:10am Nov 24, 2020 2:10am
Quoting OnlineAddict
{quote} Looking at both, technicals and fundamentals, I think bulls are dreaming...might turn into a nasty nightmare.
That monster 4 hours candle of yesterday is just a little glimpse of what is to come.
Data + Stat + Risk/Emotions Management
  • #560,618
  • Nov 24, 2020 2:17am Nov 24, 2020 2:17am
1.33750 target
99.9% persistence
  • #560,619
  • Nov 24, 2020 2:21am Nov 24, 2020 2:21am
target hit
Attached Image (click to enlarge)
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99.9% persistence
  • #560,620
  • Nov 24, 2020 2:26am Nov 24, 2020 2:26am
...that last closed 1hr doji found support @ the prev sw hi zone = prev res = pot rbs for the next leg up...price now beyond 76.4% 3398-3263. 88.6% next before the prev 1hr/4hr sw hi zone to y/day's 3398 hi (dly R1 @ 3392)...with the 1st desc t/line from just below there up and into that prev dly/wkly/mthly sw hi zone = prev res = pot res to 3482/3514 which is wide.

I just hope the bears (or bulls) don't want a recount/contest the result !
Trader with an Edge.
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