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Cable Update (GBPUSD)

  • #585,781
  • Mar 23, 2021 10:31pm Mar 23, 2021 10:31pm
Quoting PopeyeEA
Hello mates, what your signal for GU for today? can you share to me. Someone said will going to 1.364 but I DON'T TRUST HIM.. I'm newbie here.. hehe
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i`ve waiting this pair in this level so long time ago to go long again , and i see a lack of power do more bear in this level

so i`ve just wait this price go to retest level 1.38000 once to see if manage to broke it
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #585,782
  • Mar 23, 2021 10:51pm Mar 23, 2021 10:51pm
Quoting kris89
{quote}{image} i`ve waiting this pair in this level so long time ago to go long again , and i see a lack of power do more bear in this level so i`ve just wait this price go to retest level 1.38000 once to see if manage to broke it
ok thanks.
why not just wait at 1.364?
  • #585,783
  • Mar 23, 2021 11:05pm Mar 23, 2021 11:05pm
Quoting PopeyeEA
{quote} ok thanks. why not just wait at 1.364?
mainly the PA of bigger time frame of GU is still bullish . and if u see 4H TF you see a noisy price and liquidation below. price may just taken out the sell limit below
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #585,784
  • Mar 23, 2021 11:47pm Mar 23, 2021 11:47pm
Quoting M.Fadly
{image}{image}
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Like me, cuts losses quickly. But has more patience and lets his winn
  • #585,785
  • Mar 23, 2021 11:49pm Mar 23, 2021 11:49pm
Quoting DailyChart
I am will only give some hint for cute people here when my fifth wives allowed it ( New one ) Bring the Camel and Lube Comes Babes ! {image}
I have been waiting, my teacher, thank you
  • #585,786
  • Mar 24, 2021 12:31am Mar 24, 2021 12:31am
The basic question is: what is the reason behind the GU falling?

It is said to be worries about covid-19 , possible US tax hike and trade war with China. This leads to rising in DXY.
Are these factors big deals? I have doubt!

I still hold long positions. Fortunately they are just small margin of my account. I still believe that GU will bounce up any time
  • #585,787
  • Mar 24, 2021 12:31am Mar 24, 2021 12:31am
Quoting JayBag
{quote} I'd say 1.37 first before 1.4 area. I don't even think the price will get to 1.4 bro. 1.3906 is the place I think the price may retest but not after 1.37. We just speculating anyway. Let's see how MM plays it. SS
Jay, price reached just a half-pip away from 1.37....are you sure you don't want to change your mind?
  • #585,788
  • Mar 24, 2021 12:32am Mar 24, 2021 12:32am
Quoting JayBag
Morning Gang Gang, For me, I will keep selling highs I find this week because 1.37146 or round number 1.3700 is my weekly target. I do not see any sustainable bull move this week. StaySafe
Morning Gang Gang,

First areas of interest reached. Now I have to observe 1.37146 closely and if it gets breached by daily candle, the next area will be 1.3200.

StaySafe
  • #585,789
  • Mar 24, 2021 12:37am Mar 24, 2021 12:37am
Quoting Kaysole
{quote} Jay, price reached just a half-pip away from 1.37....are you sure you don't want to change your mind?
Hi Kay, uhmm . We had quite a strong bearish daily candle yesterday. I think the pressure will be much today and tomorrow. Liu Kang still not done proving his point . Let's observe today's close

SS
  • #585,790
  • Mar 24, 2021 12:38am Mar 24, 2021 12:38am
reversal/retrace area 3705/00
Intraday only.
  • #585,791
  • Mar 24, 2021 12:50am Mar 24, 2021 12:50am
close 100 pips..
Trade with prediction = witch with her visions lol
  • #585,792
  • Mar 24, 2021 1:17am Mar 24, 2021 1:17am
At my target zone now, it can reverse here.

Wait and see. Would have to see some shift in momentum first

Lets see if equity markets continue sliding
Attached Image (click to enlarge)
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  • #585,793
  • Mar 24, 2021 1:29am Mar 24, 2021 1:29am
for the price to retrace/reverse, the catalyst could be CPI in 30 min time.

Poor numbers could break 3700 area.
Intraday only.
  • #585,794
  • Mar 24, 2021 1:45am Mar 24, 2021 1:45am
no support in H1 H4.. maybe on DAILY ...3688..3661..
maybe....
Trade with prediction = witch with her visions lol
  • #585,795
  • Mar 24, 2021 1:59am Mar 24, 2021 1:59am
Quoting navk
for the price to retrace/reverse, the catalyst could be CPI in 30 min time. Poor numbers could break 3700 area.
May be fly to 1.38, 1.3820
  • #585,796
  • Mar 24, 2021 2:00am Mar 24, 2021 2:00am
Quoting dimitricss
no support in H1 H4.. maybe on DAILY ...3688..3661.. maybe....
1.3701 is a historical s/r level.
Risk Management is of utmost importance!
  • #585,797
  • Edited 2:40am Mar 24, 2021 2:04am | Edited 2:40am
G/M, major ascending t/line joining 1411-2854 breached to downside in asian session, 3701 the current dly lo - downside follow thru on y/day's daily candle = bearish thrust...Uk Cpi data just out.

Near-term Potential support;

3707-3701 prev 1hr sw lo zone
3698 Wkly S2
3692-79 prev 4hr sw lo zone (8th feb) incl
3686/85 2 x fibs

3672 fib
3661 Dly S2
3657-49 prev minor 4hr sw lo zone (4th feb)
3642-36 3 x fibs
3617 fib
3607-3588-3566 prev 4hr/dly/wkly sw lo zone (4th feb) -incl-
3600 fib
3589 Wkly S3
3584 Dly S3
3588 fib
3579 Mthly S1
Trader with an Edge.
  • #585,798
  • Mar 24, 2021 2:06am Mar 24, 2021 2:06am
Trying to flick through 3 screens but the data is not too great from UK. This could pushback any retrace.

s/l now set to B/E
more red sticker data due today I believe at 12.30 and 13.45 GMT
Insane in the Brain..
  • #585,799
  • Mar 24, 2021 2:19am Mar 24, 2021 2:19am
8 x consecutive closed bearish bodied candles on 4hr (gmt+3 broker) now. Below.
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Trader with an Edge.
  • #585,800
  • Mar 24, 2021 2:25am Mar 24, 2021 2:25am
Quoting helioss
Short Term TPs based on 2 Triple Bottom Pattern: .3725/.3710 {image}
Hi to all, TPs hit.... at moment Bulls not present
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