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Cable Update (GBPUSD)

  • #580,601
  • Feb 25, 2021 9:11am Feb 25, 2021 9:11am
Quoting gorjejem
Hi guys. My Ta for the pair: {image} Yesterday's candle seems to mark the end of the W5 EW. The pair is overbought and at some point must correct. Scenario 1: If this is confirmed, there will be a major correction projected on my chart. Scenario 2: We may be entering a long zone of consolidation and then correct. Scenario 3: W5 in development with more buyers. Anything can happen .. GBP seems to still have fuel to fight (lower emission than others) and USD (free emission) does not help my technical analysis much. Good analysis, patience, better...
I want to the 5 wave count for W5.
  • #580,602
  • Feb 25, 2021 9:12am Feb 25, 2021 9:12am
yo yo
  • #580,603
  • Feb 25, 2021 9:30am Feb 25, 2021 9:30am
Quoting Sang.Real
{quote} GU Making a hole GAP for price to pass thro' on its way to the upside without any blockage. {image}

GU

Add one scalping position @ SSR.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 229.jpg Size: 356 KB
  • #580,604
  • Feb 25, 2021 9:34am Feb 25, 2021 9:34am
Down to 1.4110
  • #580,605
  • Feb 25, 2021 9:42am Feb 25, 2021 9:42am
still down trend , dammed crooks
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 44 KB
yes yes yes
  • #580,606
  • Feb 25, 2021 9:42am Feb 25, 2021 9:42am
Folks, seems like we're going to test the top in a momento.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDmvM15.png Size: 23 KB
  • #580,607
  • Feb 25, 2021 9:51am Feb 25, 2021 9:51am
Quoting Moty
still down trend , dammed crooks {image}
Pray 4110 break down n cry
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #580,608
  • Feb 25, 2021 9:57am Feb 25, 2021 9:57am
breakout or bounce? hold or TP?
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.jpg Size: 59 KB
  • #580,609
  • Feb 25, 2021 10:01am Feb 25, 2021 10:01am
lmao
  • #580,610
  • Feb 25, 2021 10:01am Feb 25, 2021 10:01am
Quoting Wavegarrick
{quote} Hi Guys, Unfortunately my trade yesterday was knocked out by my stop loss. Fortunately, I can scalp as well and all recovered and more in this morning session, so all good. I don't scalp often. I await signals to get into a medium to long-term trade. Trade safe, Cheers. {image} {image}
Hi Guys,
I am in with a short trade here at 1.41500. What stands out for me is that I have had a couple of 4 hr closures below 1.41500 as well as a confluence of monthly and weekly resistance. Notwithstanding a long-term 61.8 % fib retrace at 1.41759. My little channel line needs to get broken for me to be more comfortable.
Stoploss 40 pips.
Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1002.png Size: 82 KB
Trade to trade another day
  • #580,611
  • Feb 25, 2021 10:02am Feb 25, 2021 10:02am
Quoting Vincent1
Technically: Cable 1.416
Fiber 1.226
Aussi 0.800
Loonei 1.250

Fundamental:
Powell tomorrow

.Have fun
Three targets of 4 attained, I'm done with it. Now time to see the trend on Daily, long-term buy on JPY, USD and Gold. Stock market needs to fall
  • #580,612
  • Feb 25, 2021 10:02am Feb 25, 2021 10:02am
Quoting ruben247
Alright South Passengers, the bus is full and it's time to go. Seat belt please
New driver took the wrong route. GPS reroute him \
Moty looking to laugh last
  • #580,613
  • Feb 25, 2021 10:07am Feb 25, 2021 10:07am
Quoting Wavegarrick
{quote} Hi Guys, I am in with a short trade here at 1.41500. What stands out for me is that I have had a couple of 4 hr closures below 1.41500 as well as a confluence of monthly and weekly resistance. Notwithstanding a long-term 61.8 % fib retrace at 1.41759. My little channel line needs to get broken for me to be more comfortable. Stoploss 40 pips. Cheers. {image}
Where are you thinking of TP? I'm gonna play it by ear, see which level DXY goes to in this wave. I'm hopeful we can make it all the way to 1.40 but might be a bit optimistic
  • #580,614
  • Feb 25, 2021 10:10am Feb 25, 2021 10:10am
Quoting Sang.Real
{quote} GU Add one scalping position @ SSR. {image}

GU

Hammer it down until all BUYER are gone

Take their SL................
Wait for the next moves
Attached Image (click to enlarge)
Click to Enlarge Name: GU 230.jpg Size: 321 KB
  • #580,615
  • Feb 25, 2021 10:12am Feb 25, 2021 10:12am
Quoting Sang.Real
{quote} GU Hammer it down until all BUYER are gone Take their SL................ Wait for the next moves {image}
Wan an ya
  • #580,616
  • Feb 25, 2021 10:13am Feb 25, 2021 10:13am
stall as much that you want , i am staying , no sl
Attached Image(s) (click to enlarge)
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yes yes yes
  • #580,617
  • Feb 25, 2021 10:26am Feb 25, 2021 10:26am
gold dropped hard today , i got out early because it reverse on me twice this week after i was in profit
Attached Image(s) (click to enlarge)
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yes yes yes
  • #580,618
  • Feb 25, 2021 10:38am Feb 25, 2021 10:38am
For 10 pts, 100$
Attached Image (click to enlarge)
Click to Enlarge Name: CamScanner 02-25-2021 18.37_1.jpg Size: 129 KB
yes yes yes
  • #580,619
  • Feb 25, 2021 10:39am Feb 25, 2021 10:39am
Quoting Tim_isoara
Down to 1.4110
Out
  • #580,620
  • Feb 25, 2021 10:42am Feb 25, 2021 10:42am
Holding short til 1.4020 then reverse long. It's forming a perfect ABCD pattern. A-C is exactly 0.618. Then we have a 4h trendline/demand down there- perfect
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