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Cable Update (GBPUSD)

  • #562,001
  • Nov 30, 2020 5:00am Nov 30, 2020 5:00am
... last day, and last trading day of the month today and mthly looks as below at the moment. T/f is still tangy but with recent strength (2 x HL's) ...fractal prints from and including 4376 prev sw hi have been H, L, LH, L, H, LL (@ 1411,) HL, LH, HL (@ 2675.) If price closes around where it is now or higher it certainly suggests a break north thru the multi year desc t/line is more probable than not from a technical perspective. The fundie themes currently at play and that may dictate sentiment in coming days/weeks though may not suggest this. mthly below.
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  • #562,002
  • Nov 30, 2020 5:02am Nov 30, 2020 5:02am
bears are you still here
99.9% persistence
  • #562,003
  • Nov 30, 2020 5:04am Nov 30, 2020 5:04am
Quoting Headland
{quote} To be fair there have been worse calls, it was called when price at 3313 and it went to 3337 before a fall, and by the time folk have refreshed their browers it mostly makes live calls untimely, unless a longer term call, but Navk is 'intraday only' as his signature says. It is difficult to a make a timely call on this threaded forum format...and it came off that prev 30min sw hi zone = potential res becomes supp. 30min below. {image}
>> That actually makes good sense.
"Don't Shoot Me I'm Only the Piano Player"
  • #562,004
  • Nov 30, 2020 5:10am Nov 30, 2020 5:10am
am very long for now
99.9% persistence
  • #562,005
  • Nov 30, 2020 5:11am Nov 30, 2020 5:11am
Scalping drain too much power and it always doesn't pay well

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  • #562,006
  • Nov 30, 2020 5:11am Nov 30, 2020 5:11am
till 33281 gets broken
99.9% persistence
  • #562,007
  • Nov 30, 2020 5:13am Nov 30, 2020 5:13am
Quoting zuluremys
till 33281 gets broken
to 1,3420 minimum
end of the year to 1,37
Make money by doing the opposite of Giveachance aka loser
  • #562,008
  • Nov 30, 2020 5:14am Nov 30, 2020 5:14am
target was 33414 just a small profit
99.9% persistence
  • #562,009
  • Nov 30, 2020 5:17am Nov 30, 2020 5:17am
Quoting montygoldy
trying long targetting 20 pips... lets see.. sl same
Tp hit ... now trying to scalp some gold longs....
Extreme gut feeling trader
  • #562,010
  • Nov 30, 2020 5:18am Nov 30, 2020 5:18am
Soon the breakout to the upside, so far no sign of any bearish movement of any significance

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Follow The Markets Structure - Patience and Discipline
  • #562,011
  • Nov 30, 2020 5:19am Nov 30, 2020 5:19am
Quoting nessus94
{quote} to 1,3420 minimum end of the year to 1,37
I never noticed that. but thank you very much for the insight. I ll be considering that
99.9% persistence
  • #562,012
  • Nov 30, 2020 5:21am Nov 30, 2020 5:21am
Quoting navk
3306 buy area IMO
Intraday only.
  • #562,013
  • Nov 30, 2020 5:24am Nov 30, 2020 5:24am
break down dollar
more more

we are on the verge of a new trend down a big leg down is coming
Make money by doing the opposite of Giveachance aka loser
  • #562,014
  • Nov 30, 2020 5:28am Nov 30, 2020 5:28am
Quoting nessus94
break down dollar more more we are on the verge of a new trend down a big leg down is coming
Nice of you to join us.
Que Sera
  • #562,015
  • Nov 30, 2020 5:32am Nov 30, 2020 5:32am
Quoting nessus94
{quote} It makes new lows everyday it is time to give up
Watch the current H4 bar until its close, we can chat then again.
  • #562,016
  • Nov 30, 2020 5:32am Nov 30, 2020 5:32am
Quoting nessus94
{quote} It makes new lows everyday it is time to give up
No worries, the dollar bears will give up in no time...
Everyone can see the chart, but only a few can actually read it.
  • #562,017
  • Nov 30, 2020 5:34am Nov 30, 2020 5:34am
Quoting Catempire
{quote} Nice of you to join us.
i didn't join
Make money by doing the opposite of Giveachance aka loser
  • #562,018
  • Nov 30, 2020 5:35am Nov 30, 2020 5:35am
Quoting Bakker
{quote} Watch the current H4 bar until its close, we can chat then again.
it will stay where it is
Make money by doing the opposite of Giveachance aka loser
  • #562,019
  • Nov 30, 2020 5:36am Nov 30, 2020 5:36am
Quoting OnlineAddict
{quote} No worries, the dollar bears will give up in no time...
maybe next year
not before

i tried a short euro but i am out fast and back on long and holding for 1,22 minimum
Make money by doing the opposite of Giveachance aka loser
  • #562,020
  • Nov 30, 2020 5:37am Nov 30, 2020 5:37am
... this prev 1hr sw hi zone=prev res = pot res to 3363 is the 1st upside obstacle for bulls. 1hr below.
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