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Cable Update (GBPUSD)

  • #573,081
  • Jan 20, 2021 12:48pm Jan 20, 2021 12:48pm
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 31 KB
yes yes yes
  • #573,082
  • Jan 20, 2021 12:50pm Jan 20, 2021 12:50pm
1h can go up once again tomorrow for example .h1 on support.better dont short this construction.but maybe 1.36
  • #573,083
  • Jan 20, 2021 12:54pm Jan 20, 2021 12:54pm
Quoting Rgkc
For gold sellers, only selling in 1876 .. Gold and silver are very ungrateful. This week I lost more than 2k in that shit.
MAYBE TRIPLE TOP
Attached Image (click to enlarge)
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yes yes yes
  • #573,084
  • Jan 20, 2021 1:01pm Jan 20, 2021 1:01pm
Quoting Moty
{quote} MAYBE TRIPLE TOP {image}
That triple top that's where there is alot of liquidity that's where they will rally up
  • #573,085
  • Jan 20, 2021 1:04pm Jan 20, 2021 1:04pm
Quoting BeeTogether
Evening IG signal {image}
Let's see how it goes
  • #573,086
  • Jan 20, 2021 1:05pm Jan 20, 2021 1:05pm
Quoting Moty
{quote} MAYBE TRIPLE TOP {image}
Moty...how confident are you on this?
  • #573,087
  • Jan 20, 2021 1:08pm Jan 20, 2021 1:08pm
Go go go dx
Attached Image (click to enlarge)
Click to Enlarge Name: CamScanner 01-20-2021 21.07_1.jpg Size: 127 KB
yes yes yes
  • #573,088
  • Jan 20, 2021 1:09pm Jan 20, 2021 1:09pm
Quoting Moty
{quote} MAYBE TRIPLE TOP {image}
I also have sell positions in gold.

My target's around 1845, what's yours?
  • #573,089
  • Jan 20, 2021 1:31pm Jan 20, 2021 1:31pm
Quoting Kaysole
{quote} I also have sell positions in gold. My target's around 1845, what's yours?
Gold is bullish.
  • #573,090
  • Jan 20, 2021 1:35pm Jan 20, 2021 1:35pm
Why is it that it is always those that can’t that put down those that can?
  • #573,091
  • Jan 20, 2021 1:36pm Jan 20, 2021 1:36pm
Quoting shahab8b
{quote} Gold is bullish.
By saying bullish, you probably mean that my target isn't very viable. Maybe you're right, let's see.
  • #573,092
  • Jan 20, 2021 1:46pm Jan 20, 2021 1:46pm
Quoting Kaysole
{quote} By saying bullish, you probably mean that my target isn't very viable. Maybe you're right, let's see.
I'm just looking at the trend cycles on D1. I'll be surprised if Gold hits 1845 before 1900. But good luck on your trade.
Attached Image (click to enlarge)
Click to Enlarge Name: GL 1 20m.PNG Size: 83 KB
  • #573,093
  • Jan 20, 2021 1:50pm Jan 20, 2021 1:50pm
Quoting shahab8b
{quote} I'm just looking at the trend cycles on D1. I'll be surprised if Gold hits 1845 before 1900. But good luck on your trade. {image}
Based on this chart, I'll probably need it.
  • #573,094
  • Edited 2:30pm Jan 20, 2021 2:20pm | Edited 2:30pm
Depending on TF the view on GU can vary. On Monday I said that attack on 1.37 will continue

https://www.forexfactory.com/thread/...2#post13365132

This happened today:

Attached Image (click to enlarge)
Click to Enlarge Name: c3b646c2d520840712ab4fdfb60cf685.png Size: 100 KB

Good thing is that GU is moving quite predictably in a channel, but I am getting mixed message between 2 factors:

1) It is 4th tap on 1.37+ level during last 20 days signalling potential break upward (more frequent testing of R vs quadruple top?)
2) It has started to move in a slight upward pointing wedge, which more likely means break down.

Nearest S/R levels boxed out.

Levels to watch for outlined in chart.

Trade safe,
I
  • #573,095
  • Jan 20, 2021 2:55pm Jan 20, 2021 2:55pm
Trend on 4H is still LONG, actual swing is STILL retrace......i think .37 & over is next step
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 22 KB
  • #573,096
  • Jan 20, 2021 3:01pm Jan 20, 2021 3:01pm
Quoting helioss
Trend on 4H is still LONG, actual swing is STILL retrace......i think .37 & over is next step {image}
We still have one hour for day close, if we close above 1.3660 then its bullish
  • #573,097
  • Jan 20, 2021 3:03pm Jan 20, 2021 3:03pm
Quoting fxmasterdxb
{quote} We still have one hour for day close, if we close above 1.3660 then its bullish
volume are just BULLISH, now quotes have to follow
  • #573,098
  • Jan 20, 2021 3:13pm Jan 20, 2021 3:13pm
Quoting helioss
{quote} volume are just BULLISH, now quotes have to follow
I dont rule out a move to 1.3590 before continuation, lets see
  • #573,099
  • Jan 20, 2021 4:33pm Jan 20, 2021 4:33pm
Quoting fxmasterdxb
{quote} I dont rule out a move to 1.3590 before continuation, lets see
Yeah I’m thinking we may visit somewhere around 1.36 tomorrow, if not it’s to the moon
  • #573,100
  • Jan 20, 2021 5:24pm Jan 20, 2021 5:24pm
Quoting Sang.Real
GU Spike Lee in D' house ? {image}
GU

Moving up early before Tokyo Open.

Ready to add position on dip.
Attached Image (click to enlarge)
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