Cable Update (GBPUSD)

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Post #575,401
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Feb 1, 2021 4:40am Feb 1, 2021 4:40am

Theoak
Joined Apr 2019 | Status: Member | 4,087 Posts

Quoting DailyChart

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{quote} Lunch yet sweety ?

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My favourite - raspberry ripple ice cream!!!! You still not brought me one yet!!!!

Play it by beer!!!

Post #575,402
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Feb 1, 2021 4:42am Feb 1, 2021 4:42am

Moty
Joined Dec 2017 | Status: Member | 14,042 Posts | Online Now

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don't try to tell the market where to go , let him tell you

Post #575,403
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Feb 1, 2021 4:51am Feb 1, 2021 4:51am

Schweet
| Joined Mar 2013 | Status: Member | 163 Posts

Quoting Moty

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{image}

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Your chart also says bears are getting weaker.

Post #575,404
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Feb 1, 2021 4:54am Feb 1, 2021 4:54am

Headland
Joined Apr 2020 | Status: trader | 2,141 Posts

... 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.

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Intraday swing scalper +, via Supp/Res & Pa etc.

Post #575,405
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Feb 1, 2021 4:58am Feb 1, 2021 4:58am

knkie
Joined Apr 2012 | Status: Member | 5,569 Posts

Quoting Theoak

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{quote} better interest rate under the mattress.

Ignored

lol
but less insurance

in wondering about yourself, you forgot what you came here to be part of

Post #575,406
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Edited at 5:26am Feb 1, 2021 4:59am | Edited at 5:26am

mysterio
Joined Sep 2009 | Status: Member | 2,259 Posts | Online Now

Dollar strength today with treasury yields rising, looking for a short cable entry, alot of bearish divergence and bull flag on DXY. Yields attached

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Read the tape

Post #575,407
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Feb 1, 2021 5:01am Feb 1, 2021 5:01am

Ilvez
Joined May 2020 | Status: Member | 447 Posts

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

Disliked

... 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}

Ignored

Post #575,408
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Feb 1, 2021 5:06am Feb 1, 2021 5:06am

viktoriaxz
| Joined Jun 2019 | Status: Member | 1,206 Posts

No short here it should do some up if look h1

Post #575,409
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Feb 1, 2021 5:06am Feb 1, 2021 5:06am

fxmasterdxb
Joined May 2012 | Status: Senior Member | 1,624 Posts

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

Post #575,410
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Feb 1, 2021 5:13am Feb 1, 2021 5:13am

Moty
Joined Dec 2017 | Status: Member | 14,042 Posts | Online Now

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don't try to tell the market where to go , let him tell you

Post #575,411
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Feb 1, 2021 5:17am Feb 1, 2021 5:17am

mysterio
Joined Sep 2009 | Status: Member | 2,259 Posts | Online Now

Quoting mysterio

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Dollar strength today with treasury yields rising, looking for a short cable entry, alot of bearish divergence and bull flag on DXY

Ignored

Short at 1.3725, TP open. I think we've made our high today.

Read the tape

Post #575,412
Quote
Feb 1, 2021 5:22am Feb 1, 2021 5:22am

viktoriaxz
| Joined Jun 2019 | Status: Member | 1,206 Posts

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.

Post #575,413
Quote
Feb 1, 2021 5:24am Feb 1, 2021 5:24am

MTF Test
| Joined May 2008 | Status: Never Ever Give up ! | 629 Posts

GU Outlook considering the correlation : Possible Scenario

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Post #575,414
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Feb 1, 2021 5:24am Feb 1, 2021 5:24am

ricmaj
| Joined Jun 2011 | Status: Member | 1,162 Posts | Online Now

866.5 now a tough burden for GU bulls making the expected move to 1.38ish to remain stall. Bear still trying to find their way below 892.5 and if possible and sustained we could witness another fall to near 1.35238 low. Bear could take the day imho

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