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Cable Update (GBPUSD)

  • #561,321
  • Nov 26, 2020 6:02am Nov 26, 2020 6:02am
tomorrow would like to sell, now is small buy
  • #561,322
  • Nov 26, 2020 6:02am Nov 26, 2020 6:02am
Quoting Moty
will it bounce again , i think not . last time the dx didn't break , now it is {image} {image} {image}
not sure regarding a broken dxy...
let's see where the next hourly candle will close
Attached Image (click to enlarge)
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  • #561,323
  • Nov 26, 2020 6:11am Nov 26, 2020 6:11am
Quoting stardust83
{quote} not sure regarding a broken dxy... let's see where the next hourly candle will close {image}
Looks V likely broken.
Attached Image(s) (click to enlarge)
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Que Sera
  • #561,324
  • Nov 26, 2020 6:16am Nov 26, 2020 6:16am
expectation
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99.9% persistence
  • #561,325
  • Nov 26, 2020 6:19am Nov 26, 2020 6:19am
...other than the false upside break for a few pips on monday the 4hr/dly rising wedge has contained price all week so far...will we see a break today either way? At this point a downside break looks favourite which is @ circa 3320 on the present gmt+2 4hr candle. dly below.
Attached Image (click to enlarge)
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Trader with an Edge.
  • #561,326
  • Nov 26, 2020 6:25am Nov 26, 2020 6:25am
to be precise
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99.9% persistence
  • #561,327
  • Nov 26, 2020 6:32am Nov 26, 2020 6:32am
ready or not, 1.33255 is coming
the mini drop is coming
Attached Image(s) (click to enlarge)
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yes yes yes
  • #561,328
  • Nov 26, 2020 6:33am Nov 26, 2020 6:33am
Quoting zuluremys
to be precise {image}
GBPUSD seems not ready yet to break the 1.34 mark. After several failed attempts to do so, it is about to surrender to the gravitation. I just wonder - is this the beginning of a black swan!
Maybe not...

Yes I am short
But I am long too
No username yet? You are on my ignore list. Fuck off and do not quote me!
  • #561,329
  • Nov 26, 2020 6:41am Nov 26, 2020 6:41am
Quoting NotAtrader
{quote} GBPUSD seems not ready yet to break the 1.34 mark. After several failed attempts to do so, it is about to surrender to the gravitation. I just wonder - is this the beginning of a black swan! Maybe not... Yes I am short But I am long too
what is you view???????
  • #561,330
  • Nov 26, 2020 6:46am Nov 26, 2020 6:46am
Quoting NotAtrader
{quote} GBPUSD seems not ready yet to break the 1.34 mark. After several failed attempts to do so, it is about to surrender to the gravitation. I just wonder - is this the beginning of a black swan! Maybe not... Yes I am short But I am long too
it seem you were right
99.9% persistence
  • #561,331
  • Nov 26, 2020 6:47am Nov 26, 2020 6:47am
Quoting Bartosz77
{quote} Thanksgiving today? What NY session?
So low volume...
  • #561,332
  • Nov 26, 2020 6:49am Nov 26, 2020 6:49am
... the pattern so far this week has generally been an early rise followed by a fall and then another rise...will today repeat,?(although admittedly it wasn't much of a rise and we don't have the U.s input today.) 1hr below.
Attached Image (click to enlarge)
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Trader with an Edge.
  • #561,333
  • Nov 26, 2020 6:51am Nov 26, 2020 6:51am
Quoting Headland
... the pattern so far this week has been an early rise followed by a fall and then another rise...will today repeat (although admittedly it wasn't much of a rise and we don't have the U.s input today?) 1hr below. {image}
Think we stay below 13372... possibly a sell off into close.
Que Sera
  • #561,334
  • Nov 26, 2020 6:52am Nov 26, 2020 6:52am
right now.. price stuck between fresh R and yesterday s who provide the spike yesterday.
as a bear i dont like what im see right now.
it look and feel like the end for today.
Attached Image (click to enlarge)
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  • #561,335
  • Nov 26, 2020 6:55am Nov 26, 2020 6:55am
Everyone SELL MASSIVELY for me please.

lol
  • #561,336
  • Edited 7:13am Nov 26, 2020 6:56am | Edited 7:13am
Quoting jaff1988
{quote} what is you view???????
Something is about to happen in M15, something that’s been going on since 16 of November - touching down the 200 smoothed MA and then resumes the trend UP.
Now 200 smoothed MA in M15 just got touched and the price is about to reverse UP after failed bearish divergence. I am not sure what exactly that means, but if this MA gets convincingly penetrated then this will be the trend changer to down. Otherwise the main trend UP may resume very soon.
However, GBPUSD looks exhausted to me. That’s why I just wondered if this is the beginning of a black swan.

EDIT: Sorry, I meant after confirmed bullish divergence.
No username yet? You are on my ignore list. Fuck off and do not quote me!
  • #561,337
  • Nov 26, 2020 6:56am Nov 26, 2020 6:56am
4hr close below 1.3310, then retest then you can say bears are in control.

Amazes me the sediment change when a currency moves 50ish pips in one direction. Though 1.34 had held nicely so far.
  • #561,338
  • Nov 26, 2020 7:07am Nov 26, 2020 7:07am
Quoting gatenio
right now.. price stuck between fresh R and yesterday s who provide the spike yesterday. as a bear i dont like what im see right now. it look and feel like the end for today. {image}
Agree, it does feel as if only some big news can kick us out of 1.334-1.34 range.
  • #561,339
  • Nov 26, 2020 7:12am Nov 26, 2020 7:12am
... are the bears preparing for a party ?
Attached Image
Trader with an Edge.
  • #561,340
  • Nov 26, 2020 7:13am Nov 26, 2020 7:13am
buyers above 3342.

Break of 3342, more selling thoguh

imo
Intraday only.
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