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Cable Update (GBPUSD)

  • #570,861
  • Jan 7, 2021 9:46am Jan 7, 2021 9:46am
adding a long here
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  • #570,862
  • Jan 7, 2021 9:58am Jan 7, 2021 9:58am
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  • #570,863
  • Jan 7, 2021 10:07am Jan 7, 2021 10:07am
Quoting Alorente
GU is having trouble breaking the 61.8 Fib retracement. It may bounce here. {image}
Fibs should be projected against the same degree of swing

Your fib projection is minor against major, try major against major

project from 3186 low

we are not even at 38.2 yet

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Follow The Markets Structure - Patience and Discipline
  • #570,864
  • Jan 7, 2021 10:10am Jan 7, 2021 10:10am
Bulls ahead

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Together we can be strongest
Vantage Return This Month: -97.0%
  • #570,865
  • Jan 7, 2021 10:12am Jan 7, 2021 10:12am
Quoting gatenio
{quote} i posted yesterday my chart 1.38 on the point!

Hi Gatenio,
kindly compare my EW, and let me know why you expect wave 3 to be so high.
Thanks, just started learning EWT

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  • #570,866
  • Jan 7, 2021 10:14am Jan 7, 2021 10:14am
Quoting palpite
Bulls ahead {image}
What a breath of fresh air.. Finally more people are seeing what I have been looking at.
Beautiful chart BTW

I like
SS
  • #570,867
  • Jan 7, 2021 10:20am Jan 7, 2021 10:20am
There is no clear h4 set up down,i see something that prevents gu from falling,all h4 candles retuns back.gu didnt touch up H1 before and down it didnt touch now H1.down now 1.35(but before it didnt touch up also H1).
  • #570,868
  • Jan 7, 2021 10:23am Jan 7, 2021 10:23am
Quoting maheeee
today closing price is above or near to today's open price...... lets wait and see...........
come on up up.............
  • #570,869
  • Edited 10:40am Jan 7, 2021 10:26am | Edited 10:40am
Quoting Alorente
GU is having trouble breaking the 61.8 Fib retracement. It may bounce here. {image}
Also HGI is saying higher, The gold wavy lines indicate the end of the leg and reversal. They are usually pretty accurate.
Attached Image (click to enlarge)
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Observation is the path to discovery.
  • #570,870
  • Jan 7, 2021 10:30am Jan 7, 2021 10:30am
Quoting myths
{image}
tp
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  • #570,871
  • Jan 7, 2021 10:34am Jan 7, 2021 10:34am
+22 pips
smaller lot than usual
as wasn’t to confident
+0.5%
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  • #570,872
  • Jan 7, 2021 10:37am Jan 7, 2021 10:37am
An AB=CD move targets 1.38. If C is done at 1.3532 and that is a big if... we may blast through to 1.3806
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Observation is the path to discovery.
  • #570,873
  • Jan 7, 2021 10:40am Jan 7, 2021 10:40am
Quoting JayBag
{quote} What a breath of fresh air.. Finally more people are seeing what I have been looking at. Beautiful chart BTW I like SS
Let's see if will confirm the harmonic.
Together we can be strongest
Vantage Return This Month: -97.0%
  • #570,874
  • Jan 7, 2021 10:43am Jan 7, 2021 10:43am
the hourly 200 ema band hold price at the gold
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yes yes yes
  • #570,875
  • Jan 7, 2021 10:43am Jan 7, 2021 10:43am
Quoting palpite
{quote} Let's see if will confirm the harmonic.
I trade with something off the books and it correlates positively with your Harmonic idea.. To me, I think it's a perfect fit trade. Idea is valid.
Asia should have a lot of fun before London puts the nail on the coffin

Buuut, you right, let's see
SS
  • #570,876
  • Jan 7, 2021 10:49am Jan 7, 2021 10:49am
Quoting Moty
the hourly 200 ema band hold price at the gold {image}
If to confirm the harmonic, the price will go above this top.
Together we can be strongest
Vantage Return This Month: -97.0%
  • #570,877
  • Jan 7, 2021 10:50am Jan 7, 2021 10:50am
Quoting HBN08
adding a long here {image}
closed partial
  • #570,878
  • Jan 7, 2021 10:57am Jan 7, 2021 10:57am
Quoting joesherwood
+22 pips smaller lot than usual as wasn’t to confident +0.5% {image}
m still holding....tp around 1.36
Extreme gut feeling trader
  • #570,879
  • Jan 7, 2021 10:58am Jan 7, 2021 10:58am
Quoting palpite
{quote} If to confirm the harmonic, the price will go above this top.
What target do you get if the harmonic is confirmed?
Observation is the path to discovery.
  • #570,880
  • Jan 7, 2021 11:14am Jan 7, 2021 11:14am
Quoting maheeee
today closing price is above or near to today's open price...... lets wait and see...........
come on hurry up
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