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Cable Update (GBPUSD)

  • #598,161
  • May 28, 2021 3:15am May 28, 2021 3:15am
silver daily, trade has been already been partialed, skelton only left, trend is up, just keeps on rolling up a neat trendline, like all or us$ prs waiting for usd appreciation, will it come tonight who knows, can only play the percentages and be patient, present attack of tl is first time present swing is rising channel aka bear flag, maybe this time bears will claim victory over support, waiting......
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If you are new to Forex? Say Goodbye to your account!!
  • #598,162
  • May 28, 2021 3:21am May 28, 2021 3:21am
Dxy, time to pop 90.3
  • #598,163
  • May 28, 2021 3:21am May 28, 2021 3:21am
No escape from 1.42500
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yes yes yes
  • #598,164
  • May 28, 2021 3:21am May 28, 2021 3:21am
Hi all,

I see a pretty standard bull flag here but will keep it tight being Friday.

Target is an ambitious 1.42500.

Good luck to everyone today.

Cheers.
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  • #598,165
  • May 28, 2021 3:21am May 28, 2021 3:21am
Quoting Tekin
{quote} took some profit here {image}

refilled shorts at 1.4205 stop is 1.4252 i will increase lot size if starts to drop
  • #598,166
  • May 28, 2021 3:21am May 28, 2021 3:21am
142 cracked we could be going up to 14250 before a drop now
Insane in the Brain..
  • #598,167
  • May 28, 2021 3:24am May 28, 2021 3:24am
Quoting Moty
No escape from 1.42500 {image}
If it clears that 4242 hi to the upside, I wonder how much supply is layered up to the prev wkly/mthly sw hi to 4376 which the top of that prev sw hi to 4242 is coexistent with? It's a wide zone so supply could emerge anywhere in it,...might have to drill back down to the dly to narrow it down, (from 2018.)
Trader with an Edge.
  • #598,168
  • Edited 3:44am May 28, 2021 3:25am | Edited 3:44am
Quoting BeeTogether
142 cracked we could be going up to 14250 before a drop now
I wouldn't rule out a short above either of the last highs 1.4210ish or 1.4220ish, I wont be taking it though

https://www.tradingview.com/x/qjnpMZVq/
  • #598,169
  • May 28, 2021 3:25am May 28, 2021 3:25am
Manually took profit at 14202 now gone long tp 14250
Insane in the Brain..
  • #598,170
  • May 28, 2021 3:26am May 28, 2021 3:26am
station 1.42 came twice time to dropped the bomb ^_^
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #598,171
  • May 28, 2021 3:29am May 28, 2021 3:29am
Quoting kris89
station 1.42 came twice time to dropped the bomb ^_^
It will drop but give it time to get over 14220. If we hit 14250 today we could see a bigger drop towards 138 in the following month
Insane in the Brain..
  • #598,172
  • May 28, 2021 3:30am May 28, 2021 3:30am
If the 1 hr can break and hold yesterday's high = will go long on hopefully a nice bull run.

In chop city at the moment!!!
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Don't trade what you think. Just what you see!!!
  • #598,173
  • May 28, 2021 3:31am May 28, 2021 3:31am
... supply met @ a prev 1hr sw hi zone =prev res = pot res. 1hr below.
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Trader with an Edge.
  • #598,174
  • May 28, 2021 3:31am May 28, 2021 3:31am
Quoting Theoak
If the 1 hr can break and hold yesterday's high = will go long on hopefully a nice bull run. In chop city at the moment!!! {image}
being Friday and last london trading day of the month I think it will be a full on choppy day.
Insane in the Brain..
  • #598,175
  • May 28, 2021 3:38am May 28, 2021 3:38am
Dx is a dead currency
I am stop trying to short against it
It's a earth kwake to revarse
yes yes yes
  • #598,176
  • May 28, 2021 3:48am May 28, 2021 3:48am
Quoting Moty
Dx is a dead currency I am stop trying to short against it It's a earth kwake to revarse
it good for me.. not with GU 1:1 but for momentum and S\R
come in few hours.
  • #598,177
  • May 28, 2021 3:51am May 28, 2021 3:51am
Quoting mysterio
{quote} I wouldn't rule out a short above either of the last highs 1.4210ish or 1.4220ish, I wont be taking it though https://www.tradingview.com/x/qjnpMZVq/
Best guess.. not trading it though
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  • #598,178
  • Edited 4:03am May 28, 2021 3:53am | Edited 4:03am
After all this failed tests above 1.42 only one thing remain to be done.The big short.There is no hope for new highs in the next 2 weeks.Massive support at 1.39 area.It's done.The fish is trapped.
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #598,179
  • May 28, 2021 3:58am May 28, 2021 3:58am
Quoting BeeTogether
{quote} It will drop but give it time to get over 14220. If we hit 14250 today we could see a bigger drop towards 138 in the following month
i dont like 1.4250 spring , if it does i dont know if bear still alive XD but its all possible since it friday , weekly close and -1 day of close monthly
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #598,180
  • May 28, 2021 3:58am May 28, 2021 3:58am
Quoting BeeTogether
{quote} being Friday and last london trading day of the month I think it will be a full on choppy day.
Yes we need a bit of juice, but we could get a nice runner!!!
Don't trade what you think. Just what you see!!!
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