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Cable Update (GBPUSD)

  • #596,821
  • May 23, 2021 6:48am May 23, 2021 6:48am
I’m seeing double top and a low line of below 13950
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Insane in the Brain..
  • #596,822
  • May 23, 2021 10:32am May 23, 2021 10:32am
enjoy

Inserted Video


..."It Don't Mean A Thing (If It Ain't Got That Swing)

dolce vita
  • #596,823
  • May 23, 2021 10:33am May 23, 2021 10:33am
Quoting stpdouglas86
{quote} i hope you are right im buying hourly close above 1.41835
1.41420 - 1.41265 zone is important
  • #596,824
  • May 23, 2021 10:42am May 23, 2021 10:42am
Elon Musk's ' ...I like crypto... ' comment/tweet over the w/e might help under pressure BTCUSD on Monday?
---------------------------------
Meantime, Gbpusd Mthly although not strictly in a fractal uptrend (3 x consecutive HL's but no HH yet) it is bullish particularly after the upside breach of the multi-year descending t/line (effective multi-year falling wedge top) in December last year. Two fibs in the mthly party of that prev dly/wkly/minor mthly swing hi zone to 4242 and one in the 'major' and wider prev wkly/mthly swing hi zone to 4376 above it. There is at this moment at least, still a good chance May's mthly candle will close bullishly?

Mthly below.
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Trader with an Edge.
  • #596,825
  • Edited 11:38am May 23, 2021 11:19am | Edited 11:38am
Quoting Headland
Elon Musk's ' ...I like crypto... ' comment/tweet over the w/e might help under pressure BTCUSD on Monday? --------------------------------- Meantime, Gbpusd Mthly although not strictly in a fractal uptrend (3 x consecutive HL's but no HH yet) it is bullish particularly after the upside breach of the multi-year descending t/line (effective multi-year falling wedge top) in December last year. Two fibs in the mthly party of that prev dly/wkly/minor mthly swing hi zone to 4242 and one in the 'major' and wider prev wkly/mthly swing hi zone to 4376 above...
BTC seems to be at a very solid buy level to me (will soon find out- testing it right now)

https://s3.tradingview.com/snapshots/h/H5uLmEIP.png
  • #596,826
  • May 23, 2021 11:39am May 23, 2021 11:39am
Quoting mysterio
{quote} BTC seems to be at a very solid buy level to me (will soon find out- testing it right now) https://s3.tradingview.com/snapshots/h/H5uLmEIP.png
NowBtc is 31200
  • #596,827
  • May 23, 2021 11:40am May 23, 2021 11:40am
Quoting mysterio
{quote} BTC seems to be at a very solid buy level to me (will soon find out- testing it right now) https://s3.tradingview.com/snapshots/h/H5uLmEIP.png
Based on historical data my plan for BTC is to wait for everything to die down for the next couple of years then start to build a healthy position for the next bull run. Looking to buy at the 10k level.
  • #596,828
  • May 23, 2021 11:53am May 23, 2021 11:53am
Quoting Tim_isoara
{quote} NowBtc is 31200
I have the bounce zone as 29200-32400, lets see!

Even the Pope was trashing BTC
  • #596,829
  • May 23, 2021 11:54am May 23, 2021 11:54am
not to offend anyone

enjoy

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dolce vita
  • #596,830
  • May 23, 2021 11:56am May 23, 2021 11:56am
another version

Inserted Video


weekend is almost over

see you

dolce vita
  • #596,831
  • May 23, 2021 12:06pm May 23, 2021 12:06pm
Quoting mysterio
{quote} I have the bounce zone as 29200-32400, lets see! Even the Pope was trashing BTC
If you have a buy position now you have a good profit. Is 33600
  • #596,832
  • May 23, 2021 12:50pm May 23, 2021 12:50pm
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Quoting mysterio
{quote} I have the bounce zone as 29200-32400, lets see! Even the Pope was trashing BTC
I think it is conceivable to close the gap.
  • #596,833
  • May 23, 2021 1:25pm May 23, 2021 1:25pm
Good day everyone, Just sharing my forecast. Let's see how the market unfolds, Safe trading and green pips to everyone!
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  • #596,834
  • May 23, 2021 1:50pm May 23, 2021 1:50pm
#GBPUSD / H4
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  • #596,835
  • May 23, 2021 1:57pm May 23, 2021 1:57pm
Quoting Black-Star
Good day everyone, Just sharing my forecast. Let's see how the market unfolds, Safe trading and green pips to everyone! {image}
big divergence + patience = good trade
JEM
  • #596,836
  • May 23, 2021 2:31pm May 23, 2021 2:31pm
Quoting Sang.Real
{quote} Hello Cash Farm, Thank for input and sharing your knowledge in this thread. Your experience here will prove to be useful to trading (especially for Newbie like me). You may even be more knowledgeable than you may know. Many famous traders have implied that their best trades were the hardest ones to enter. In my estimation, all trades are equally (or should be) hard to enter. When your sure you have an edge, that's when you're most vulnerable to a big surprise. That's why we need people like you for help and guide. Take Care Sang...
Maan thanks to YOU! Hah I love every single post you make in this forum. No matter how much of a Newbie you think you are, I want someday to be a trader like you. I appreciate every single trade and analysis you have shared here and I wish you alot more profitable pips! Keep up the great performance
  • #596,837
  • May 23, 2021 2:47pm May 23, 2021 2:47pm
Quoting Ayax.TSS
#GBPUSD / H4 {image}
  • #596,838
  • May 23, 2021 3:16pm May 23, 2021 3:16pm
I think i have the best strategy for you guys: if i will go short, the marked is going long. If i will go long, the market will go short. Trust me guys!
  • #596,839
  • Edited 3:38pm May 23, 2021 3:24pm | Edited 3:38pm
I'd be long gbp/usd, eur/usd, short usd/jpy.

Eur/usd, and gbp/usd look like they're both gonna breakout above resistance while uj has been breaking down.

This all makes sense with the recent breakdown in dollar futures and low usd rates.

Just my 2 cents.
"A true speculator tries the market small." - Jesse Livermore
  • #596,840
  • May 23, 2021 3:45pm May 23, 2021 3:45pm
Breakout plan. If this setup survives Australia/Asia session
If 1.414 holds as sup, will buy 1.416
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Air force
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