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Cable Update (GBPUSD)

  • #574,741
  • Jan 28, 2021 4:59am Jan 28, 2021 4:59am
open another SHORT @1.36646 due to Bear Engulf on H4
Suro Diro Joyoningrat Lebur Dening Pangastuti
  • #574,742
  • Jan 28, 2021 5:00am Jan 28, 2021 5:00am
Quoting mysterio
Quick buy on cable here, confluence of channel and support, will get the stop to BE asap. Edit- just took 15 pips 3xR, looks like a little wedge building inside of the channel, will look out for a break up. Note, this is a good area to watch out for a potential reversal {image}
Hopefully someone caught this bottom
  • #574,743
  • Jan 28, 2021 5:05am Jan 28, 2021 5:05am
Gold is trying to break above, for a 10th time, during the last 6 biz days, the 24 hours average price?
Don't know what this means for GU... Might be another fail attempt, but what, if it is not?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2021-01-28 at 13.01.20.png Size: 103 KB
Maadik Hugiis. IQ 69.
  • #574,744
  • Jan 28, 2021 5:06am Jan 28, 2021 5:06am
Look like this "B" will visit S2
  • #574,745
  • Jan 28, 2021 5:08am Jan 28, 2021 5:08am
Quoting Headland
{quote} So it proved to be - this time the 5min double regular bullish div (timed on 1min.) ...1hr below then 5min. 1hr+ upside potential obstacles as below. {image} {image}
This recent movement up might only be to touch 61.8 and then go deeper down.
WT
  • #574,746
  • Jan 28, 2021 5:09am Jan 28, 2021 5:09am
Quoting djokotriyono
{quote} Waiting until new york open, it will break or rebound
  • #574,747
  • Jan 28, 2021 5:23am Jan 28, 2021 5:23am
up up and away we go
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: eg1.png Size: 42 KB
Click to Enlarge Name: gu1.png Size: 42 KB
yes yes yes
  • #574,748
  • Jan 28, 2021 5:25am Jan 28, 2021 5:25am
Quoting mysterio
Long on retest of wedge/s1, stops to BE asap, lets see if we can get to 1.3665 Out +20... easy pips today {image}
To me, this channel has been broken but there is resistance just above. I will wait for a clearer break up and retest down before going long, as we may still be testing the edge-- its 50/50 buy or sell right here so I wont enter a trade
  • #574,749
  • Jan 28, 2021 5:32am Jan 28, 2021 5:32am
Quoting Moty
up up and away we go {image} {image} {image}
We are still going down in mid-term. In week TF we hit resistance at above 1.3730.
  • #574,750
  • Jan 28, 2021 5:33am Jan 28, 2021 5:33am
Quoting Moty
up up and away we go {image} {image} {image}
i agree with you on gbpusd chart.
Intraday only.
  • #574,751
  • Jan 28, 2021 5:37am Jan 28, 2021 5:37am
still in play?

I will stay for a while
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-h1-fxcm-australia-pty.png Size: 55 KB
dolce vita
  • #574,752
  • Jan 28, 2021 5:40am Jan 28, 2021 5:40am
Quoting Moty
up up and away we go {image} {image} {image}
still refueling
  • #574,753
  • Jan 28, 2021 5:42am Jan 28, 2021 5:42am
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
I'm short too.
Although this trend line is very strong, I think it will need to go down a little bit before going up again, if it goes up again.
Attached Image (click to enlarge)
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Studing..............
  • #574,754
  • Jan 28, 2021 5:53am Jan 28, 2021 5:53am
if breaks 1.36700 , it will go to 1.36920
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 43 KB
yes yes yes
  • #574,755
  • Jan 28, 2021 5:54am Jan 28, 2021 5:54am
Quoting Moty
up up and away we go {image} {image} {image}
looks like has stopped for a refuel...
Insane in the Brain..
  • #574,756
  • Jan 28, 2021 5:59am Jan 28, 2021 5:59am
Quoting Moty
if breaks 1.36700 , it will go to 1.36920 {image}
yes, you right, it is time to go up (usually), but

...from the other hand.., who said it is impossible? 1.3350-th (???)

Wolfe Wave pointing (4H)
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-h4-fxcm-australia-pty.png Size: 33 KB
dolce vita
  • #574,757
  • Jan 28, 2021 6:00am Jan 28, 2021 6:00am
Quoting BeeTogether
{quote} looks like has stopped for a refuel...
I'm not seeing this. I'm short, happy to be short.
Minor daily trendline broken, 4h major could be broken today and with a LL (1.36095)
Hourly trendline down, LL could be broken today (1.36095)

Whoops, here's my chart (excuse the resolution, 6k monitor here)

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2021-01-28 at 12.08.15.png Size: 246 KB
A fool and his money are easily parted
  • #574,758
  • Jan 28, 2021 6:01am Jan 28, 2021 6:01am
The trigger is US data, if the data is bad then..
  • #574,759
  • Jan 28, 2021 6:01am Jan 28, 2021 6:01am
Quoting altal
There is still downside .. 1,3612 deterministic points.. And it may reach 1.3595 to enter long, breaking the last high ..
sure will hit it >>>
  • #574,760
  • Jan 28, 2021 6:04am Jan 28, 2021 6:04am
Bull fail to break 4H trendline.
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 33 KB
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