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Cable Update (GBPUSD)

  • #588,201
  • Apr 6, 2021 10:36am Apr 6, 2021 10:36am
Quoting dimitricss
i cant help it... took short again at 3825.. {image}
closed 3808... easy 15 pips...lol
okay... go to sleep for real now... ciaaoooo
Trade with prediction = witch with her visions lol
  • #588,202
  • Apr 6, 2021 10:37am Apr 6, 2021 10:37am
Quoting BeeTogether
Question is how low can GU go .....
Maybe here in short term
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  • #588,203
  • Apr 6, 2021 10:38am Apr 6, 2021 10:38am
Quoting dimitricss
{quote} closed 3808... easy 15 pips...lol okay... go to sleep for real now... ciaaoooo
Ottimo!! Ciaooo
  • #588,204
  • Apr 6, 2021 10:38am Apr 6, 2021 10:38am
GBPUSD

Starting with the Weekly we can see it is in a correction as it is moving against the monthly, looking at the internal structure of the weekly on the daily we can see the daily is in correction to the weekly now looking at the 4 hour which is the internal structure of the daily we can see a minor trend which has not managed to break to the upside by reversing the structure, however the 4 hour has now made a break below the last higher low swing which would indicate further downside inline with daily weekly and monthly , we would need to see a 4 hour swing up after the current swing down and a break back down through the last 4h higher low swing with a close to confirm the downside structure break
Follow The Markets Structure - Patience and Discipline
  • #588,205
  • Apr 6, 2021 10:41am Apr 6, 2021 10:41am
long
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The only constant is change
  • #588,206
  • Apr 6, 2021 10:52am Apr 6, 2021 10:52am
Lets see how this divergence play on m15...

hope to get 1st wave of new boolish...
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Peace Yo!
  • #588,207
  • Apr 6, 2021 10:53am Apr 6, 2021 10:53am
Took the profit at 13812 that’s £300 profit despite losing 450 earlier. I’d take that lol
Insane in the Brain..
  • #588,208
  • Apr 6, 2021 10:53am Apr 6, 2021 10:53am
GU

Re-entry

Scalping long

Attached Image (click to enlarge)
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  • #588,209
  • Apr 6, 2021 10:55am Apr 6, 2021 10:55am
Quoting pipfarm
GBPUSD Starting with the Weekly we can see it is in a correction as it is moving against the monthly, looking at the internal structure of the weekly on the daily we can see the daily is in correction to the weekly now looking at the 4 hour which is the internal structure of the daily we can see a minor trend which has not managed to break to the upside by reversing the structure, however the 4 hour has now made a break below the last higher low swing which would indicate further downside inline with daily weekly and monthly , we would need to see...
good explanation like a clean chart!
The only constant is change
  • #588,210
  • Apr 6, 2021 11:03am Apr 6, 2021 11:03am
jeezzz.. i cant sleep
im still lurking lol
im sorry,, its just a wonderfull day.. 57, 5, 16,,and 15..
Trade with prediction = witch with her visions lol
  • #588,211
  • Apr 6, 2021 11:12am Apr 6, 2021 11:12am
Expect maybe something like this from a 4h perspective

Quoting dimitricss
jeezzz.. i cant sleep im still lurking lol im sorry,, its just a wonderfull day.. 57, 5, 16,,and 15..
Congrats sir enjoy!
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  • #588,212
  • Apr 6, 2021 11:20am Apr 6, 2021 11:20am
Quoting mysterio
Expect maybe something like this from a 4h perspective {image}
Is this possible breaking so many suppport zones and even crossing the daily ADr ranges.
I am confused please guide.
  • #588,213
  • Apr 6, 2021 11:20am Apr 6, 2021 11:20am
Quoting mysterio
Expect maybe something like this from a 4h perspective {image}
yup me too although i think it might be around 13860-13870.

have a long in play from 13812 keeping s/l at b/e - 15
Insane in the Brain..
  • #588,214
  • Apr 6, 2021 11:24am Apr 6, 2021 11:24am
Quoting bilal.cybrog
{quote} Is this possible breaking so many suppport zones and even crossing the daily ADr ranges. I am confused please guide.
Sorry, this was meant to be a really crude depiction haha. I meant over the coming days and of course it wont play out exactly like this.

All the arrow means is I think/expect an up move which fails to break the last high then further down moves over the week. Just meant to be a very rough sketch. Expecting a retest of that broken TL at some point which might give a nice shorting opportunity was all I was trying to convey.

Also please take with a pinch of salt. I'm mainly a 5m chart scalper and really only starting to get to grips with the higher TFs
  • #588,215
  • Apr 6, 2021 11:36am Apr 6, 2021 11:36am
I couldn't resist to take mini long for 10 pips
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yes yes yes
  • #588,216
  • Apr 6, 2021 11:44am Apr 6, 2021 11:44am
Once 25 taken out, 66 is the target
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Peace Yo!
  • #588,217
  • Apr 6, 2021 11:58am Apr 6, 2021 11:58am
GU holding from contuining downward just due to EU that will stop advancing soon. Only if EU can go up to 1.1940s by first daily closing above 1.1880, GU might test somehow nearby recent highs.

Both are long term bearish anyways
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #588,218
  • Apr 6, 2021 12:02pm Apr 6, 2021 12:02pm
Some bullish div's
Note: divergences fade away with small candles or if price going sideways. Slow time of the day, so very probable scenario
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Air force
  • #588,219
  • Edited Apr 7, 2021 10:09am Apr 6, 2021 12:05pm | Edited Apr 7, 2021 10:09am
The cable tread awesome oscillator
Short in at 1.3824

Few PIPS
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Don't trade what you think. Just what you see!!!
  • #588,220
  • Apr 6, 2021 12:57pm Apr 6, 2021 12:57pm
I'm telling you GU crashing to 1.3450s but folks here worried of possible 50 pips upmove

There's something named risk to reward for a reason.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
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