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Cable Update (GBPUSD)

  • #595,821
  • May 18, 2021 11:29am May 18, 2021 11:29am
Quoting thevisitor
{quote} Pipa1, it's not over yet
GU lost the steam.We'll have the answer in a few hours.
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #595,822
  • Edited 12:43pm May 18, 2021 11:31am | Edited 12:43pm
It is the dixy's last chance to rally, here, or it goes into the mid/low 89s for the next bounce level

I would not like to call it either way overnight, I would not rule out 1.4280-1.4330. Bears do have a 4h wedge with divergence but how often have we seen these fail when cable really wants to go somewhere.

https://www.tradingview.com/x/rB2zzubm/

Hold the phone. I see a mini short accumulation on the 5m. I entered a small short on the pullback to this zone, maybe add another if it pulls back again. Will lock in overnight. Edit- taken out BE, not a good time to trade

https://www.tradingview.com/x/7LNWMf4x/
  • #595,823
  • May 18, 2021 11:33am May 18, 2021 11:33am
Quoting Pipa1
{quote} GU lost the steam.We'll have the answer in a few hours.
We' will see. All the best for you !!
  • #595,824
  • May 18, 2021 11:34am May 18, 2021 11:34am
Quoting Theoak
{quote} Target Hit.... Run the rest!!! {image}
50 Pips up and still running
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Don't trade what you think. Just what you see!!!
  • #595,825
  • May 18, 2021 11:42am May 18, 2021 11:42am
Quoting thevisitor
{quote} We' will see. All the best for you !!
Good luck to you too!!!.There is ca$h waiting to be extracted on both sides of the market.
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #595,826
  • May 18, 2021 11:47am May 18, 2021 11:47am
Quoting thevisitor
{quote} Sl+2
Out +2

See you tomorrow
  • #595,827
  • May 18, 2021 12:39pm May 18, 2021 12:39pm
Quoting Loey
{quote} Nice work mate, I am still underwater myself, pondering what to do with it lol.
if its gold 1876 is weekly resistance maybe tomorrow it can drop much but it was wrong trade yesterday forme 300$ account and 0.10 lot sell really like suicide. I hope the best for you
  • #595,828
  • May 18, 2021 1:04pm May 18, 2021 1:04pm
Bullish divergences on H2, H4, something like diamond bottom on m15

Attached Image (click to enlarge)
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Sold Gu @ 1.4192
Air force
  • #595,829
  • Edited 1:37pm May 18, 2021 1:19pm | Edited 1:37pm
If 1.4180 holds i am long
No more trades for today!!
Looking out for London opening tomorrow
  • #595,830
  • May 18, 2021 1:46pm May 18, 2021 1:46pm
Let’s see
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Insane in the Brain..
  • #595,831
  • May 18, 2021 1:55pm May 18, 2021 1:55pm
Quoting Ayax.TSS
#GBPUSD / H4 {image}
Hi man. Good job!.
W 5 is not ready yet IMO...will end around 1,4350.
Let see
JEM
  • #595,832
  • May 18, 2021 1:57pm May 18, 2021 1:57pm
Quoting gorjejem
{quote} Hi man. Good job!. W 5 is not ready yet IMO...will end around 1,4350. Let see
  • #595,833
  • May 18, 2021 2:11pm May 18, 2021 2:11pm
Quoting thevisitor
{quote}
1.4250?
  • #595,834
  • May 18, 2021 2:12pm May 18, 2021 2:12pm
Quoting gorjejem
{quote} Hi man. Good job!. W 5 is not ready yet IMO...will end around 1,4350. Let see
1.4250
  • #595,835
  • May 18, 2021 4:04pm May 18, 2021 4:04pm
I expect at least 100% of wave 1. That number is 1.4342 exactly.
JEM
  • #595,836
  • May 18, 2021 4:11pm May 18, 2021 4:11pm
Quoting thevisitor
{quote} 1.4250
I think GBP has still fuel ... If the end of w5 is confirmed below 1.4350, it would indicate that the tank is empty ... it could be the confirmation of a weekly and monthly trend reversal ... just a thought ..
JEM
  • #595,837
  • May 18, 2021 5:58pm May 18, 2021 5:58pm
Quoting Sang.Real
{quote} GU Scalping position in progress. {image}
GU

continuation or reversal.

price action at Tokyo open.

with open position (scalping)

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  • #595,838
  • May 18, 2021 6:04pm May 18, 2021 6:04pm
The Bull strength is visible.

@1.4350 level....exhaustion point may likely hold.

@1.4145 likely void to be filled to the downside before an aggressive rally up.


keep it simple guys.
  • #595,839
  • May 18, 2021 6:52pm May 18, 2021 6:52pm
cad daily bullish doji 4hr bullish hammer with continuation doji 2 candles ago, if pa can make a new high the continuation doji will be validated, expecting battle or bullshit @ 1 2080 pa now 1 2072, waiting!!!!
If you are new to Forex? Say Goodbye to your account!!
  • #595,840
  • May 18, 2021 7:05pm May 18, 2021 7:05pm
Quoting Sang.Real
{quote} GU continuation or reversal. price action at Tokyo open. with open position (scalping) {image}
Attached Image
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