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Cable Update (GBPUSD)

  • #578,121
  • Feb 15, 2021 7:41pm Feb 15, 2021 7:41pm
Quoting Roszey
{quote} GU Update: Prices approaching the zone now. Keeping an eye on 1.3952 and 1.3975 (resistance). But 1.400 can also not be ruled out Trade safe
Still the Bulls are having Bears for lunch

GU Update: 1.3925 breached. You should soon see 1.400 before sellers taking over

Trade safe
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Le$$ I$ More
  • #578,122
  • Feb 15, 2021 7:43pm Feb 15, 2021 7:43pm
Quoting navk
{quote} the price broke through that level, I do not expect a meaningful pull back before testing 4000.
What is a meaningful pull back? 100-200 pips?
  • #578,123
  • Feb 15, 2021 7:44pm Feb 15, 2021 7:44pm
Quoting Ehsank78
{quote} What is a meaningful pull back? 100-200 pips?
38 % FIB.
Intraday only.
  • #578,124
  • Feb 15, 2021 7:46pm Feb 15, 2021 7:46pm
Just having fun...
ABCD pattern... blah blah blah
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Le$$ I$ More
  • #578,125
  • Feb 15, 2021 8:00pm Feb 15, 2021 8:00pm
Yup. i'm scaling in and this wont turn bearish anytime soon. not even gonna retrace this week
  • #578,126
  • Feb 15, 2021 8:46pm Feb 15, 2021 8:46pm
above 3903 today, the price is bullish and can test 4000.

Any small retrace, I am going to buy with stop at 3903.
Intraday only.
  • #578,127
  • Feb 15, 2021 9:02pm Feb 15, 2021 9:02pm
Attached Image (click to enlarge)
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yes yes yes
  • #578,128
  • Feb 15, 2021 9:43pm Feb 15, 2021 9:43pm
Hammer
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  • #578,129
  • Feb 15, 2021 9:43pm Feb 15, 2021 9:43pm
Quoting Moty
{image}
When will you learn
  • #578,130
  • Feb 15, 2021 9:48pm Feb 15, 2021 9:48pm
Haven't seen such vertical movement for long time.

Shallow retrace,
Intraday only.
  • #578,131
  • Feb 15, 2021 10:09pm Feb 15, 2021 10:09pm
Quoting navk
Haven't seen such vertical movement for long time. Shallow retrace,
Yup.. these days we have breakout during Asian sessions..

No chance for re-entry. Anyways we just have to adapt
Le$$ I$ More
  • #578,132
  • Feb 15, 2021 10:11pm Feb 15, 2021 10:11pm
Quoting Moty
{image}
such a move by GU

anyway Moty

im having both buy and sell
will close all buy around 39750

holding all sell until all closed buy profit depleted

but if GU retrace badly then double profit
  • #578,133
  • Feb 15, 2021 10:26pm Feb 15, 2021 10:26pm
Quoting Moty
{image}
from your screenshot

second thought
175+185=360

so clearly GU will pass 1.4 then retrace
  • #578,134
  • Feb 15, 2021 10:29pm Feb 15, 2021 10:29pm
Follow the trend. I forgot to stick with this rule yesterday. Buy's working out well and Profit is locked.
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Fools Rushing
  • #578,135
  • Feb 15, 2021 10:44pm Feb 15, 2021 10:44pm
trend is up
to pass over 1.4 ?
may be later
but GU need make correction in order to pass 1.4
  • #578,136
  • Feb 15, 2021 10:58pm Feb 15, 2021 10:58pm
finally evening star
i believe it will retrace at least to 1.39000 area
Attached Image(s) (click to enlarge)
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yes yes yes
  • #578,137
  • Feb 15, 2021 11:04pm Feb 15, 2021 11:04pm
Quoting SteadyAsItGo
trend is up to pass over 1.4 ? may be later but GU need make correction in order to pass 1.4
No matter where it goes I will keep shorting
  • #578,138
  • Feb 15, 2021 11:04pm Feb 15, 2021 11:04pm
For those who do believe in the fundamentals (but not in the obvious - the money)...
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Maadik Hugiis. IQ 69.
  • #578,139
  • Feb 15, 2021 11:05pm Feb 15, 2021 11:05pm
Guys, Just a heads-up. Gold is nearing a major key point. Keep a tab.
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Fools Rushing
  • #578,140
  • Feb 15, 2021 11:09pm Feb 15, 2021 11:09pm
Finally price has made it to 1.395 area. Expect a pullback with this
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formation of evening star at H1 TF. Likely a minor retracement to 1.39. A break of 1.395 will push us towards 1.42-1.43. Trade with caution
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