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Cable Update (GBPUSD)

  • #563,301
  • Dec 3, 2020 8:28am Dec 3, 2020 8:28am
Quoting shahab8b
{quote} Do you still have your sells from the lower levels?
I have a sell at 1.3376/1.3405 area.
Data + Stat + Risk/Emotions Management
  • #563,302
  • Dec 3, 2020 8:31am Dec 3, 2020 8:31am
Quoting pipfarm
{quote} B wave of expanding flat, double zigzag always gets everyone as looks like an impulse , i am probably wrong however internal structure thus far is correct a =3 waves b=3waves and c will be an impulse 5 waves
True that but we have not had any impulse lately. Not with Mr Range Rover. Having this broader view in mind https://www.forexfactory.com/thread/...1#post13067211.. I won't be surprised to see an impulse from the recent close above 100%.

In fact, to further convince us that we facing a full grown bull, we should have an impulse.
Bottom line, we just gotta wait and see how it goes out.

We have time.
  • #563,303
  • Dec 3, 2020 8:33am Dec 3, 2020 8:33am
Quoting Moty
1.34817-1.35141 is a res zone , i belive it will retrace from there for atleast 100 pips like 1.33796 did sevaral times {image} {image}
yes, 3482 is there, previous high.
Intraday only.
  • #563,304
  • Dec 3, 2020 8:35am Dec 3, 2020 8:35am
go go go
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yes yes yes
  • #563,305
  • Dec 3, 2020 8:35am Dec 3, 2020 8:35am
Whoever cares to check monthly tops of July 2016, June 2018, December 2019 and September 2020...
Data + Stat + Risk/Emotions Management
  • #563,306
  • Dec 3, 2020 8:37am Dec 3, 2020 8:37am
Quoting JayBag
{quote} True that but we have not had any impulse lately. Not with Mr Range Rover. Having this broader view in mind https://www.forexfactory.com/thread/...1#post13067211.. I won't be surprised to see an impulse from the recent close above 100%. In fact, to further convince us that we facing a full grown bull, we should have an impulse. Bottom line, we just gotta wait and see how it goes out. We have time.
We have had 5 impulse waves up since the 2nd of November

i would take the opposite view , to convince me there will be an impulse we need to see a correction in the right context within the markets fractal structure, i am on the sidelines atm with cable for reasons i stated in earlier posts
Follow The Markets Structure - Patience and Discipline
  • #563,307
  • Dec 3, 2020 8:39am Dec 3, 2020 8:39am
gu go fishing
  • #563,308
  • Dec 3, 2020 8:40am Dec 3, 2020 8:40am
Quoting Georginson
{quote} I have a sell at 1.3376/1.3405 area.
And with the final short of GBP in 2020, do you wait for TP at 1.3350/1.3405 area??
  • #563,309
  • Dec 3, 2020 8:47am Dec 3, 2020 8:47am
CABOOM !!!
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yes yes yes
  • #563,310
  • Dec 3, 2020 8:50am Dec 3, 2020 8:50am
it will be doji reversal on h1 and its time for correction.
dont forget US unemployment claim give a good result. tomorrow will be a real deal.
  • #563,311
  • Dec 3, 2020 8:52am Dec 3, 2020 8:52am
Quoting wanted
{quote} And with the final short of GBP in 2020, do you wait for TP at 1.3350/1.3405 area??
It depends on how price behaves but I have immediate price target of 1.3270 area for this entry.
Data + Stat + Risk/Emotions Management
  • #563,312
  • Dec 3, 2020 8:56am Dec 3, 2020 8:56am
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yes yes yes
  • #563,313
  • Dec 3, 2020 8:58am Dec 3, 2020 8:58am
If this is the flat correction when complete and some time after there is a deal market will explode up very very big and the 3700 targets will be upon us
Follow The Markets Structure - Patience and Discipline
  • #563,314
  • Dec 3, 2020 9:02am Dec 3, 2020 9:02am
TP hit!!!
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Le$$ I$ More
  • #563,315
  • Dec 3, 2020 9:04am Dec 3, 2020 9:04am
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
Add long in cad
Studing..............
  • #563,316
  • Dec 3, 2020 9:08am Dec 3, 2020 9:08am
Quoting gettoefl
ready to rinse repeat yet again? {image}
out +85
twitter: @gettoefl
  • #563,317
  • Dec 3, 2020 9:11am Dec 3, 2020 9:11am
SHORT IT !!!!
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yes yes yes
  • #563,318
  • Dec 3, 2020 9:12am Dec 3, 2020 9:12am
keep buying keep buying
Make money by doing the opposite of Giveachance aka loser
  • #563,319
  • Dec 3, 2020 9:13am Dec 3, 2020 9:13am
Quoting nessus94
keep buying keep buying
pending sell 1.3503
  • #563,320
  • Dec 3, 2020 9:16am Dec 3, 2020 9:16am
my eyes on you boy!!
waiting...
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Le$$ I$ More
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