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Cable Update (GBPUSD)

  • #575,381
  • Feb 1, 2021 1:18am Feb 1, 2021 1:18am
Quoting KiwiTrada
{quote} 3757 almost to the pip :-)
and rejected
Suro Diro Joyoningrat Lebur Dening Pangastuti
  • #575,382
  • Feb 1, 2021 1:20am Feb 1, 2021 1:20am
Quoting pinguin
{quote} IMO, Gold will goes to south due to Inverted Flag but for sure i could be wrong .
I am emphasizing the same thing considering the market sentiment. However i could be right. It's so funny, """but for sure i could be wrong'''
Fools Rushing
  • #575,383
  • Feb 1, 2021 1:24am Feb 1, 2021 1:24am
I saw price not ready to going to upside need more power, I was shorted for now
Attached Image (click to enlarge)
Click to Enlarge Name: GU.png Size: 56 KB
  • #575,384
  • Feb 1, 2021 1:28am Feb 1, 2021 1:28am
... likely longer-term trend/swing traders will be frustrated by this rangy market 1hr/4hr - has been for a while now......but for scalpers/intraday traders it's great.

Potential rising wedge on 1hr below now?
Attached Image (click to enlarge)
Click to Enlarge Name: 45a78e795517bc1ce65499b18aecb5e9.png Size: 64 KB
Trader with an Edge.
  • #575,385
  • Feb 1, 2021 1:33am Feb 1, 2021 1:33am
Quoting Theoak
{quote} DC the main man!!!! How's the millions????
Lunch yet sweety ?
  • #575,386
  • Feb 1, 2021 1:38am Feb 1, 2021 1:38am
My opinion GU never come to 1.39 if it doesnt drop good ,now only up and down,drop can be 1.35 maybe more,after huge fast rise.Im tired of up and down on M30 chart.
  • #575,387
  • Feb 1, 2021 1:38am Feb 1, 2021 1:38am
Quoting knkie
{quote} yes americans are poor nowadays. But europeans are still rich. During the corona lockdowns, instead of vacations and shopping, europeans have been saving. In the Netherlands alone, 42 billion was put into savings accounts in the just the last year.
better interest rate under the mattress.
Don't trade what you think. Just what you see!!!
  • #575,388
  • Feb 1, 2021 1:40am Feb 1, 2021 1:40am
Quoting DailyChart
{quote} Lunch yet sweety ?
My favourite - raspberry ripple ice cream!!!! You still not brought me one yet!!!!
Don't trade what you think. Just what you see!!!
  • #575,389
  • Feb 1, 2021 1:42am Feb 1, 2021 1:42am
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 23 KB
yes yes yes
  • #575,390
  • Feb 1, 2021 1:51am Feb 1, 2021 1:51am
Quoting Moty
{image}
Your chart also says bears are getting weaker.
  • #575,391
  • Feb 1, 2021 1:54am Feb 1, 2021 1:54am
... anyone's guess which of the current 3759-3609 range extremes (in green) will break 1st but the range has been largely constructive with an ascending t/line and particularly the last few fractal swings suggesting to the upside is more probable ? 4hr below. Time will tell. If have seen some posts suggesting the 4hr is in an ascending right-angled triangle pattern which also suggests a break to upside.
Attached Image (click to enlarge)
Click to Enlarge Name: edd77d51f519d04dd82f4a22d2256a77.png Size: 32 KB
Trader with an Edge.
  • #575,392
  • Feb 1, 2021 1:58am Feb 1, 2021 1:58am
Quoting Theoak
{quote} better interest rate under the mattress.
lol
but less insurance
in wondering about yourself, you forgot what you came here to be part of
  • #575,393
  • Edited 2:26am Feb 1, 2021 1:59am | Edited 2:26am
Dollar strength today with treasury yields rising, looking for a short cable entry, alot of bearish divergence and bull flag on DXY. Yields attached
Attached Image (click to enlarge)
Click to Enlarge Name: yields.jpg Size: 133 KB
  • #575,394
  • Feb 1, 2021 2:01am Feb 1, 2021 2:01am
Yes, 4H is printing steep HL-s.

Had a sell going from 3740 but was too greedy, so stopped out at BE.

Will sit out the consolidation before big bang.

Quoting Headland
... anyone's guess which of the current 3759-3609 range extremes (in green) will break 1st but the range has been largely constructive with an ascending t/line and particularly the last few fractal swings suggesting to the upside is more probable ? 4hr below. Time will tell. If have seen some posts suggesting the 4hr is in an ascending right-angled triangle pattern which also suggests a break to upside. {image}
  • #575,395
  • Feb 1, 2021 2:06am Feb 1, 2021 2:06am
No short here it should do some up if look h1
  • #575,396
  • Feb 1, 2021 2:06am Feb 1, 2021 2:06am
For me the chance of hitting a new high today is 90%, I have a long from 1.3692 from Friday, added one at 1.3725 and will add after the break and pull back
  • #575,397
  • Feb 1, 2021 2:13am Feb 1, 2021 2:13am
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 42 KB
yes yes yes
  • #575,398
  • Feb 1, 2021 2:17am Feb 1, 2021 2:17am
Quoting mysterio
Dollar strength today with treasury yields rising, looking for a short cable entry, alot of bearish divergence and bull flag on DXY
Short at 1.3725, TP open. I think we've made our high today.
  • #575,399
  • Feb 1, 2021 2:22am Feb 1, 2021 2:22am
h4 no short only support and up today.can be 1.38 or not- less. if look h4 no short,h1 no short.maybe on american session.
  • #575,400
  • Feb 1, 2021 2:24am Feb 1, 2021 2:24am
GU Outlook considering the correlation : Possible Scenario
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 33 KB
Fools Rushing
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