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Cable Update (GBPUSD)

  • #586,321
  • Mar 25, 2021 5:08pm Mar 25, 2021 5:08pm
Quoting Pip-Prophet
{quote} Im not sure what you mean by explain why because its more a visual if you can identify it on the price chart. There is a very key zone of support around 1.3674(@center) but the wicks past were not just tests but also completed an older daily FVG dating Feb. 5 21'. With it wicking out the zone(institutions clearing and winning $$$) and then closing on the support twice (bearish then bullish engulfing) before reversing and establishing new highs as well as the collection of volume on the 4hr that could be indicative of around a 200 pip move...
To add the that I would like to refer to The Black Swan by Taleb and never say never, and with that being said everything I just said could be all wrong and the market could go on to do the complete opposite. What I share is not insight neither are they robust declarations they are nothing more than what I see and believe will happen.

-Prophet
  • #586,322
  • Mar 25, 2021 5:58pm Mar 25, 2021 5:58pm
Welcome!

Less words, more charts. We are simple people in here

I

Quoting Pip-Prophet
{quote} To add the that I would like to refer to The Black Swan by Taleb and never say never, and with that being said everything I just said could be all wrong and the market could go on to do the complete opposite. What I share is not insight neither are they robust declarations they are nothing more than what I see and believe will happen. -Prophet
  • #586,323
  • Mar 25, 2021 6:09pm Mar 25, 2021 6:09pm
Quoting helioss
Bulls Volume are bigger thatBear Volumes.....Bulls have control at moment {image}
Be great if the week can end with a decent climb up towards 139.
Insane in the Brain..
  • #586,324
  • Mar 25, 2021 6:23pm Mar 25, 2021 6:23pm
This is my take on what could be good future sell zones.

If you want to share your opinion.

I'm new here
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  • #586,325
  • Mar 25, 2021 7:03pm Mar 25, 2021 7:03pm
Usdx over extend...
today is the day..
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Peace Yo!
  • #586,326
  • Mar 25, 2021 7:11pm Mar 25, 2021 7:11pm
Quoting Brian-911
GBPUSD will jump up from at least 1.3685 to at least 1.3750. Place SL at 20 pips. Buy NOW. Don't say I never told you
Just as I predicted 2 days ago. Soon start looking to short the cable. I believe anywhere from here @ 1.3755 and above is great. Stop loss @ 1.3850 and take profit @ 1.3655 for at least 100 pips profit.

See you on the green side
  • #586,327
  • Mar 25, 2021 7:34pm Mar 25, 2021 7:34pm
the moment of truth.. UTL (H4)
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Peace Yo!
  • #586,328
  • Mar 25, 2021 8:46pm Mar 25, 2021 8:46pm
Quoting Brian-911
{quote} Just as I predicted 2 days ago. Soon start looking to short the cable. I believe anywhere from here @ 1.3755 and above is great. Stop loss @ 1.3850 and take profit @ 1.3655 for at least 100 pips profit. See you on the green side
okay i will follow you, give me my 100p atleast next week
  • #586,329
  • Mar 25, 2021 8:57pm Mar 25, 2021 8:57pm
Quoting mrluckystar
the moment of truth.. UTL (H4) {image}
it break...
Peace Yo!
  • #586,330
  • Mar 25, 2021 8:57pm Mar 25, 2021 8:57pm
https://id.tradingview.com/gopro/?sh...Muhammad-Fadly
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Like me, cuts losses quickly. But has more patience and lets his winn
  • #586,331
  • Mar 25, 2021 9:13pm Mar 25, 2021 9:13pm
I am shorting for today
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  • #586,332
  • Mar 25, 2021 9:16pm Mar 25, 2021 9:16pm
Quoting fahminofear
{quote} okay i will follow you, give me my 100p atleast next week
Low risk high gain , buy low , sell high . i don`t prefer high risky trade. patient is key . when your key level touch buy it . follow bigger time frame
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this was pattern i look for in when first i get in spring one
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #586,333
  • Edited 10:29pm Mar 25, 2021 10:09pm | Edited 10:29pm
... rising wedge on 1hr perhaps? 1hr below.

That prev 4hr/dly sw lo zone = prev supp = potential sbr @ the bottom of the 2week + 4017-3778 4hr/dly range that was broken to the downside on Tuesday, could see sellers emerge if tested? - a 108pip breach of it so far down to y/day's 3670 lo, with a 95pip pullback from that lo, (so far.) 4hr below.
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Trader with an Edge.
  • #586,334
  • Mar 25, 2021 10:13pm Mar 25, 2021 10:13pm
Quoting Headland
... rising wedge on 1hr perhaps? 1hr below. {image}
Look Like Accumulation for me
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"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #586,335
  • Mar 25, 2021 10:23pm Mar 25, 2021 10:23pm
Quoting kris89
{quote} Look Like Accumulation for me {image}

I tend to agree, but open to long and short opportunities.
--------------------------

... underside of that former dly+ ascending trendline (joining 1411 with 2854) that was breached to the downside is, on today's daily candle @ circa 3765 - the current dly hi. Dly below.
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Trader with an Edge.
  • #586,336
  • Mar 25, 2021 10:28pm Mar 25, 2021 10:28pm
Quoting Moty
5 hours to go , or mabe it will wait for london open {image} {image}
it didn't wait . like thief in the Asian session
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yes yes yes
  • #586,337
  • Mar 25, 2021 10:33pm Mar 25, 2021 10:33pm
Quoting Moty
{quote} it didn't wait . like thief in the Asian session {image} {image} {image}
i really caution with this 1.38000 level , if today price manage to close upside of these level . lets welcome bull run 1.42000 level next week

Trend is your friends <3
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #586,338
  • Mar 25, 2021 10:37pm Mar 25, 2021 10:37pm
... 4hr bearish hidden div is present and may develop further if price continues to go up....should be good below 3875....will keep an eye on it.
Trader with an Edge.
  • #586,339
  • Mar 25, 2021 10:50pm Mar 25, 2021 10:50pm
1.3825 interested number for me for today
even better than mama
  • #586,340
  • Mar 25, 2021 10:59pm Mar 25, 2021 10:59pm
Quoting kris89
{quote} i really caution with this 1.38000 level , if today price manage to close upside of these level . lets welcome bull run 1.42000 level next week Trend is your friends <3
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yes yes yes
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