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Cable Update (GBPUSD)

  • #600,601
  • Jun 7, 2021 11:32am Jun 7, 2021 11:32am
Quoting Bartosz77
{quote} Monday top 1.42200 EDIT: Monday close 1.41740 EDIT 2: Monday close 1.41850
Well... price did not go as high as I suspected.

Surprisingly though, we are at the closing level that I predicted...
WT
  • #600,602
  • Jun 7, 2021 11:35am Jun 7, 2021 11:35am
Possible Sell signal, tomorrow from 1.4215
  • #600,603
  • Jun 7, 2021 11:37am Jun 7, 2021 11:37am
Quoting DailyChart
For those who looking for short,if lc doesn't provide the short opportunity then wait until ty open for short the retrace
ty = Tokyo?
  • #600,604
  • Jun 7, 2021 11:38am Jun 7, 2021 11:38am
out with loses
see you tomorrow
dolce vita
  • #600,605
  • Jun 7, 2021 11:46am Jun 7, 2021 11:46am
Quoting Pat Chiko
{quote} GU Here come the spike to clear RN and match Daily open price. Next are to observe is FL (green zone) where Price Action wll determine further direction. Reminder. I'm scalping not swing. {image}

GU


Closed all scalping position.

Price Stall and Continue tomorrow with new set up.

Tomorrow will looking at some pullback expected for F.O., to drive price back to the FL area which are Liquidity Gap zone above.

Wait for Price Action confirmation for next Scalping set up. Waiting for bounce from 1.41870 to FL zone confirm setup.


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I come from the future.
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  • #600,606
  • Jun 7, 2021 11:54am Jun 7, 2021 11:54am
GU

Tomorrow may bring minor pullback to SRF zone during Tokyo.

Wait for PA to lead the way,

Looking price to go higher tomorrow during London

Attached Image (click to enlarge)
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I come from the future.
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  • #600,607
  • Jun 7, 2021 12:14pm Jun 7, 2021 12:14pm
Quoting Pat Chiko
GU Tomorrow may bring minor pullback to SRF zone during Tokyo. Wait for PA to lead the way, Looking price to go higher tomorrow during London {image}
Hy, Pat , i can see this scenario happen.
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  • #600,608
  • Jun 7, 2021 12:22pm Jun 7, 2021 12:22pm
Quoting BeeTogether
{quote} shorting too?
yes , finally hope
Attached Image (click to enlarge)
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yes yes yes
  • #600,609
  • Jun 7, 2021 12:23pm Jun 7, 2021 12:23pm
Quoting Pat Chiko
{quote} GU Closed all scalping position. Price Stall and Continue tomorrow with new set up. Tomorrow will looking at some pullback expected for F.O., to drive price back to the FL area which are Liquidity Gap zone above. Wait for Price Action confirmation for next Scalping set up. Waiting for bounce from 1.41870 to FL zone confirm setup. {image}
Great chart as always!!! I miss your alto ego!!!! Say hi from The Oak!!!
Don't trade what you think. Just what you see!!!
  • #600,610
  • Jun 7, 2021 12:27pm Jun 7, 2021 12:27pm
Welcome again Chiko. is the camel okey
  • #600,611
  • Jun 7, 2021 1:09pm Jun 7, 2021 1:09pm
The hourly sees an area that seems to offer support around 14185 to 14165 a bit lower might see a bounce up
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Insane in the Brain..
  • #600,612
  • Jun 7, 2021 3:14pm Jun 7, 2021 3:14pm
Quoting Bnpparibas
{quote} Hy, Pat , i can see this scenario happen.{image}
I agree personally. However may or maynot touch 1.42 area first
  • #600,613
  • Jun 7, 2021 3:16pm Jun 7, 2021 3:16pm
Quoting Theoak
{quote} Great chart as always!!! I miss your alto ego!!!! Say hi from The Oak!!!
Same person. What a shame he came with deception which could lead to loss of credibility. Why lie that he was a newbie with all the "thanks for helping newbie" "Any comments welcomed" bla bla bla. Totally uncalled for.
  • #600,614
  • Jun 7, 2021 3:39pm Jun 7, 2021 3:39pm
Quoting Bnpparibas
{quote} Hy, Pat , i can see this scenario happen.{image}
can’t see the drop that low just yet bro.
Insane in the Brain..
  • #600,615
  • Edited 4:06pm Jun 7, 2021 3:40pm | Edited 4:06pm
Quoting Bnpparibas
{quote} Hy, Pat , i can see this scenario happen.{image}
Is broadly what I had in mind too. I'll be watching 1.42 area again for a shorting op. Let's see what happens. Just taking it piece by piece. Take out the stops above the last 1.42 high before another dive to 1.41, maybe.
  • #600,616
  • Jun 7, 2021 5:38pm Jun 7, 2021 5:38pm
sell - 1.4174

sl - 1.4194
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  • #600,617
  • Jun 7, 2021 5:41pm Jun 7, 2021 5:41pm
Market is not ready for short position yet guys. B/O is not happening now but it will try to go bullish over and over.
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Try the simple and make it for you ~
  • #600,618
  • Jun 7, 2021 5:55pm Jun 7, 2021 5:55pm
Quoting Moty
{quote} yes , finally hope {image}
agreed.

the price likely to drop below pivot
Intraday only.
  • #600,619
  • Jun 7, 2021 6:38pm Jun 7, 2021 6:38pm
Quoting genadi
{quote} ty = Tokyo?
Yes
  • #600,620
  • Jun 7, 2021 7:03pm Jun 7, 2021 7:03pm
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