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Cable Update (GBPUSD)

  • #575,781
  • Feb 3, 2021 12:24am Feb 3, 2021 12:24am
- Rejection from Fib extension 61.8% is more probable hence bears were not able to break the support zone of 1.36050-100.
- If the rejection occurs i will be aiming 1.36500 level

Good day ahead people. Enjoy the day. Cheers !
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Fools Rushing
  • #575,782
  • Feb 3, 2021 12:39am Feb 3, 2021 12:39am
G/M, Y/day's pullback from 3611 exceeded 61.8% of the fall from 3710 before any significant drop - down to the prev 30min swing lo zone = prev supp = pot supp. 1hr below.
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Trader with an Edge.
  • #575,783
  • Feb 3, 2021 1:01am Feb 3, 2021 1:01am
and down she goes
  • #575,784
  • Feb 3, 2021 1:01am Feb 3, 2021 1:01am
Shorter timeframes are setting up for a long here, but I have no target. Might jump on soon for a roller coaster ride
Don't trade what you think. Just what you see!!!
  • #575,785
  • Feb 3, 2021 1:04am Feb 3, 2021 1:04am
Quoting Sang.Real
GU Scalping LONG to L.O. Set up analysis based on H4 SNR and M15 rejection zone. Any comment welcome to educational purposes. This is not a trading signal as I'm still a Newbie. {image} {image}
Better to go with trend and it is down now.
  • #575,786
  • Feb 3, 2021 1:12am Feb 3, 2021 1:12am
... will the 1hr bearish hidden div @ the 3683 pullback hi result in a with 1hr downtrend follow thru to a new lo below y/day's 3611 lo ?
4hr still in a range with a bearish bias atm, with a L, LH, LL, and potential 2nd LH - not formed yet.
1hr below.
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Trader with an Edge.
  • #575,787
  • Feb 3, 2021 1:18am Feb 3, 2021 1:18am
Quoting pinguin
{quote} no offense, glad to know someone can Guarantee movement in forex ... wish you all the best buddy ..
Lols
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  • #575,788
  • Feb 3, 2021 1:20am Feb 3, 2021 1:20am
Quoting Sang.Real
GU Scalping LONG to L.O. Set up analysis based on H4 SNR and M15 rejection zone. Any comment welcome to educational purposes. This is not a trading signal as I'm still a Newbie. {image} {image}
Missing you Sang
Compulsions can be hard to resist
  • #575,789
  • Feb 3, 2021 1:25am Feb 3, 2021 1:25am
Quoting Theoak
Shorter timeframes are setting up for a long here, but I have no target. Might jump on soon for a roller coaster ride
Just a quick 10 pipper in at 1.3654
Don't trade what you think. Just what you see!!!
  • #575,790
  • Feb 3, 2021 1:28am Feb 3, 2021 1:28am
Quoting trumps
{quote} Missing you Sang

Hi Trumps......

Is it time for change of name to "Bidens"...?


  • #575,791
  • Feb 3, 2021 1:31am Feb 3, 2021 1:31am
MY GBP USD top-down PTZ BASED ON supply demand wyckoff ,SMART MONEY orderblock
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Say something meaningful or Silence!!
  • #575,792
  • Feb 3, 2021 1:36am Feb 3, 2021 1:36am
... price inbetween 2 x 30min prev swing lo's for 1.5hrs now - bottom one a prev supp = pot (potential) supp, top one a prev supp = pot sbr. 1hr below.
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Trader with an Edge.
  • #575,793
  • Feb 3, 2021 1:38am Feb 3, 2021 1:38am
Quoting maheeee
{quote} 500% guaranteed bull candle from open price 1.36583 , last 2 days its tried to bull candle but failed,but today it will bull candle, lets us wait and watch....
I am with you but without confidence.
I respect your knowledge, I am just a beginner.

All the Best!
My observation may be wrong but intent correct. Stay calm!
  • #575,794
  • Feb 3, 2021 1:47am Feb 3, 2021 1:47am
Quoting maheeee
{quote} 500% guaranteed bull candle from open price 1.36583 , last 2 days its tried to bull candle but failed,but today it will bull candle, lets us wait and watch....
I am also with you and now price is making its decision finger crossed.
  • #575,795
  • Feb 3, 2021 1:49am Feb 3, 2021 1:49am
I think the strength or the momentum is not enough to go up.
i expect to go down a little bit around 1.3580 and then come with all the courage to go up.
My observation may be wrong but intent correct. Stay calm!
  • #575,796
  • Feb 3, 2021 1:52am Feb 3, 2021 1:52am
... yesterday's 3611 lo or lower will be a fractal L on daily when it forms, below the last HL of it's general fractal uptrend, 1st time this has happened since 11th December.
Trader with an Edge.
  • #575,797
  • Feb 3, 2021 2:01am Feb 3, 2021 2:01am
Quoting Theoak
{quote} Just a quick 10 pipper in at 1.3654
OUT

JUST A QUICK 10 pips
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Don't trade what you think. Just what you see!!!
  • #575,798
  • Feb 3, 2021 2:04am Feb 3, 2021 2:04am
Just shorted ast 1.3670 until 1.3650
My observation may be wrong but intent correct. Stay calm!
  • #575,799
  • Feb 3, 2021 2:06am Feb 3, 2021 2:06am
...tweezer bottom close on the 1hr and bullishly engulfs last 3...also upside breech desc t/line. 1hr below.
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Trader with an Edge.
  • #575,800
  • Edited 2:25am Feb 3, 2021 2:07am | Edited 2:25am
Quoting Sang.Real
GU Scalping LONG to L.O. Set up analysis based on H4 SNR and M15 rejection zone. Any comment welcome to educational purposes. This is not a trading signal as I'm still a Newbie. {image} {image}

GU

That's the target.

Then, wait for another set up.

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Any comment welcome , helping me to understand better.

Thank You
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