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Cable Update (GBPUSD)

  • #577,581
  • Feb 11, 2021 9:26pm Feb 11, 2021 9:26pm
Quoting Sang.Real
{quote} GU Holding on support & cannot break resistant - ranging. Who will blink first ? {image}

GU

Stopped out...
Attached Image (click to enlarge)
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  • #577,582
  • Feb 11, 2021 9:31pm Feb 11, 2021 9:31pm
Attached Image (click to enlarge)
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  • #577,583
  • Feb 11, 2021 9:36pm Feb 11, 2021 9:36pm
Attached Image (click to enlarge)
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yes yes yes
  • #577,584
  • Feb 11, 2021 9:41pm Feb 11, 2021 9:41pm
it is going to be bearish daily candle today.

IMO
Intraday only.
  • #577,585
  • Feb 11, 2021 9:51pm Feb 11, 2021 9:51pm
Quoting SCopier
{image}
3780/87 to 3830/25 and then down to 3760.S2

IMO
Intraday only.
  • #577,586
  • Feb 11, 2021 9:51pm Feb 11, 2021 9:51pm
Attached Image (click to enlarge)
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yes yes yes
  • #577,587
  • Feb 11, 2021 9:54pm Feb 11, 2021 9:54pm
3760 level to be watched. However only London open PA will show direction as usual
Attached Image (click to enlarge)
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Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #577,588
  • Feb 11, 2021 9:55pm Feb 11, 2021 9:55pm
Quoting navk
{quote} 3780/87 to 3830/25 and then down to 3760.S2 IMO
I'm going with 3810/15 then down starting at Frankfurt open....good luck to you happy hunting.
  • #577,589
  • Feb 11, 2021 10:03pm Feb 11, 2021 10:03pm
gdp from UK coming out at Frankfurt open.
Intraday only.
  • #577,590
  • Feb 11, 2021 10:08pm Feb 11, 2021 10:08pm
Quoting navk
gdp from UK coming out at Frankfurt open.
Just a thought. Frankfurt seems to always stir things.
  • #577,591
  • Feb 11, 2021 10:59pm Feb 11, 2021 10:59pm
Attached Image (click to enlarge)
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yes yes yes
  • #577,592
  • Feb 11, 2021 11:09pm Feb 11, 2021 11:09pm
Quoting navk
it is going to be bearish daily candle today. IMO

Hi Navk.

Newbie question here.

Any chance if price bounce from the base (RBR) zone.

Reason : Price still making HH at HTF.

Thanks for your help for educational and trade improvement.

Here's the chart.
Attached Image (click to enlarge)
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  • #577,593
  • Feb 11, 2021 11:15pm Feb 11, 2021 11:15pm
I will be looking to sell GBP/USD this morning as price seems to have made two small bearish pin bars on the Daily Chart which forms my analysis part.

See clear chart below;
Attached Image (click to enlarge)
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  • #577,594
  • Edited 12:12am Feb 12, 2021 12:01am | Edited 12:12am
G/M, Another sub 30day adr day y/day. Tweezers top on dly with those 2 x hammers now, y/day's being bearish bodied....then continued downside move to the prev 1hr/4hr minor swing hi = prev res = pot (potential) rbs, this confluential with the 23.6% downside extension of y/day's daily candle, 76.4% 3761-3866 & 23.6% 3519-3866, and in the region of Dly S1, where demand was encountered.

0700am gmt that Uk gdp data etc...

1hr below, 4hr below that.
Attached Image(s) (click to enlarge)
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Trader with an Edge.
  • #577,595
  • Feb 12, 2021 12:12am Feb 12, 2021 12:12am
all sells already closed for this week
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  • #577,596
  • Edited 8:45am Feb 12, 2021 12:13am | Edited 8:45am
positive npw
thank to gain momentum
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  • #577,597
  • Feb 12, 2021 12:26am Feb 12, 2021 12:26am
Quoting navk
{quote} 3780/87 to 3830/25 and then down to 3760.S2 IMO
are you see the path with TMA band, cause i remember u using this with D pivots
  • #577,598
  • Feb 12, 2021 12:41am Feb 12, 2021 12:41am
Attached Image (click to enlarge)
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yes yes yes
  • #577,599
  • Feb 12, 2021 12:43am Feb 12, 2021 12:43am
Good zone to sell at 1.38320
  • #577,600
  • Feb 12, 2021 12:46am Feb 12, 2021 12:46am
Quoting bluesushi
Good zone to sell at 1.38320
question is will it get there?
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