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Cable Update (GBPUSD)

  • #581,761
  • Mar 3, 2021 7:40am Mar 3, 2021 7:40am
Hello y'all... Chart looks good since yesterday. Though some rejection.. should hold else lets see if anything interesting from fundamentals.

Still with 100pips advantage, patience, follow the trend my bestie
  • #581,762
  • Mar 3, 2021 7:42am Mar 3, 2021 7:42am
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yes yes yes
  • #581,763
  • Mar 3, 2021 7:44am Mar 3, 2021 7:44am
Quoting Moty
{quote} {image}
thank you for your

now
gold
level to watch
1720 !

I think this fib on my chart is strong enough to push it deeper..,
let's see
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dolce vita
  • #581,764
  • Mar 3, 2021 7:47am Mar 3, 2021 7:47am
I think we’ve seen today’s high already. Can’t see much else going on today it’s very middle the road with no clear direction
Insane in the Brain..
  • #581,765
  • Mar 3, 2021 7:48am Mar 3, 2021 7:48am
another think about gold, I'd like to mention..,

today is
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it will be interesting to see ( at least to me ) how they will act.., ( crude & gold )
dolce vita
  • #581,766
  • Mar 3, 2021 7:55am Mar 3, 2021 7:55am
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dolce vita
  • #581,767
  • Mar 3, 2021 7:55am Mar 3, 2021 7:55am
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close up
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yes yes yes
  • #581,768
  • Mar 3, 2021 7:58am Mar 3, 2021 7:58am
lower highers in the last 5 1 Hr candlestick .Lets watch to see if this hour can break previous high
Keep the Lights on then you can catch the rise from the dark.
  • #581,769
  • Mar 3, 2021 8:04am Mar 3, 2021 8:04am
Seeing a wedge develop on dxy and eur, can't rule out one more push up on cable now tbh. One more higher then down possibly. My bad

Still consolidating in a triangle so a breakout here will provide the rest of the days direction

I note we are forming either a W or M at the bottom of the triangle so could suddenly pop or drop without warning
  • #581,770
  • Mar 3, 2021 8:08am Mar 3, 2021 8:08am
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patience, patience, patience and after that more patience
  • #581,771
  • Mar 3, 2021 8:21am Mar 3, 2021 8:21am
Quoting mysterio
Seeing a wedge develop on dxy and eur, can't rule out one more push up on cable now tbh. One more higher then down possibly. My bad Still consolidating in a triangle so a breakout here will provide the rest of the days direction I note we are forming either a W or M at the bottom of the triangle so could suddenly pop or drop without warning
I like this very much:
"...so could suddenly pop or drop without warning


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dolce vita
  • #581,772
  • Edited 9:09am Mar 3, 2021 8:24am | Edited 9:09am
Quoting babayaga
{quote} I like this very much: "...so could suddenly pop or drop without warning https://www.youtube.com/watch?v=HEEfjcXDXNQ
Hahaha. Deserved to be called out on that

I bought at 1.3953 so I think it's a pop for now. Getting my stop to BE after the lift off, if it happens. Betting on the dxy breaking this rising wedge. I think it has one final push down to complete, so cable one last push up.
  • #581,773
  • Mar 3, 2021 8:28am Mar 3, 2021 8:28am
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yes yes yes
  • #581,774
  • Mar 3, 2021 8:29am Mar 3, 2021 8:29am
Quoting mysterio
{quote} Hahaha. Deserved to be called out on that I bought at 1.3953 so I think it's a pop for now. Getting my stop to BE. Betting on the dxy breaking this rising wedge. I think it has one final push down to complete, so cable one last push up.
please, be kind, I am selling from yesterday and adding today..,

I would like to see PP

no? ...nothing?
dolce vita
  • #581,775
  • Mar 3, 2021 8:33am Mar 3, 2021 8:33am
Quoting babayaga
{quote} please, be kind, I am selling from yesterday and adding today.., I would like to see PP no? ...nothing?
In the morning I thought a clean drop from 1.40

But as DXY is in an ending triangle/wedge I think It wants to do a final push down to its 0.5 fib

GBPUSD also towards 0.5 fib, earlier posters were saying up to 1.4050ish and I now think this is poss. I will dump this long if we break out below the 1h triangle formation

I admit, I have flip flopped on this, but I have to go with what the PA is saying. It is a mistake to stick to your guns if the market is clearly telling you something different, have to adapt to the signs the market is showing

After that a significant bearish drive down

I had a sell on Euro go into a significant drawdown overnight before finally coming good today.. so shorting isn't an issue just now as long as your SL is prepared for the above eventuality
  • #581,776
  • Mar 3, 2021 8:35am Mar 3, 2021 8:35am
On the 4H there seems to be a range developing not sure if I’m reading it correct but it looks like 410-440
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Insane in the Brain..
  • #581,777
  • Mar 3, 2021 8:52am Mar 3, 2021 8:52am
Quoting mysterio
{quote} In the morning I thought a clean drop from 1.40 But as DXY is in an ending triangle/wedge I think It wants to do a final push down to its 0.5 fib GBPUSD also towards 0.5 fib, earlier posters were saying up to 1.4050ish and I now think this is poss. I will dump this long if we break out below the 1h triangle formation I admit, I have flip flopped on this, but I have to go with what the PA is saying. It is a mistake to stick to your guns if the market is clearly telling you something different, have to adapt to the signs the market is showing...

I have already posted my thoughts about cable..,
sorry, but I still do not see it up

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...but she can scream up, because she is cable...

let's see
dolce vita
  • #581,778
  • Mar 3, 2021 8:53am Mar 3, 2021 8:53am
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yes yes yes
  • #581,779
  • Mar 3, 2021 9:04am Mar 3, 2021 9:04am
i don't want to ear the crying, i just want to see the baby!!!
If you don't know how to earn money, don't loose it.
  • #581,780
  • Mar 3, 2021 9:08am Mar 3, 2021 9:08am
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yes yes yes
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