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Cable Update (GBPUSD)

  • #602,041
  • Jun 14, 2021 5:12am Jun 14, 2021 5:12am
Quoting Passenger12
Are we gonna see new range this week?which is lower range the last week?
We look to be edging out of the range. I would have thought the bears need some bear fuel from higher up if it was going to break out lower. I may be trying to second guess the market though, lets see what happens
  • #602,042
  • Jun 14, 2021 5:17am Jun 14, 2021 5:17am
come on goldi mf
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yes yes yes
  • #602,043
  • Edited 5:53am Jun 14, 2021 5:21am | Edited 5:53am
SL hit back in long again

moved SL to B/E
Insane in the Brain..
  • #602,044
  • Jun 14, 2021 5:35am Jun 14, 2021 5:35am
Quoting KiwiTrada
{quote} nice start to the week approaching previous daily low 1856 16, big test!!! or boom!!!
bears hungey today done onto next low 1852 05 :-)
If you are new to Forex? Say Goodbye to your account!!
  • #602,045
  • Jun 14, 2021 5:36am Jun 14, 2021 5:36am
Quoting BeeTogether
SL hit back in long again
I think bulls need a strong push through 1.4100-4115 area now to get some traction
  • #602,046
  • Jun 14, 2021 5:36am Jun 14, 2021 5:36am
Still sitting on my hands.. a great area for trapping traders.
A double bottom might get my attention but happy to sit out for now.
  • #602,047
  • Jun 14, 2021 5:38am Jun 14, 2021 5:38am
Quoting mysterio
{quote} I think bulls need a strong push through 1.4100-4115 area now to get some traction
exactly ! A push above 14110 is a minimum
Insane in the Brain..
  • #602,048
  • Jun 14, 2021 5:39am Jun 14, 2021 5:39am
l have sell limit at 4110 , 4120, 4135.
Trade with prediction = witch with her visions lol
  • #602,049
  • Jun 14, 2021 5:40am Jun 14, 2021 5:40am
Strange movements of gold
Lost in Narrative
  • #602,050
  • Jun 14, 2021 5:41am Jun 14, 2021 5:41am
Quoting BeeTogether
{quote} exactly ! A push above 14110 is a minimum
will happen..

i wont let go till 1.422
  • #602,051
  • Jun 14, 2021 5:42am Jun 14, 2021 5:42am
Quoting gatenio
{quote} will happen.. i wont let go till 1.422
What's your analysis Gatenio ? Similar just a bounce from the bottom of the range?
  • #602,052
  • Jun 14, 2021 5:44am Jun 14, 2021 5:44am
Quoting mysterio
{quote} What's your analysis Gatenio ? Similar just a bounce from the bottom of the range?
the truth is that im lost, why? cause of the range, daily is down..
but my 4h showing me different. (i dont like the new LL)
like i said last week, pop to the engulfing on the top to retest and then the sell off.

of course.. i could be wrong.
  • #602,053
  • Jun 14, 2021 5:46am Jun 14, 2021 5:46am
USINDEX
Is making a falling triangle
just wait to see if this triangle break in what side
top or bot
then you can decide
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  • #602,054
  • Jun 14, 2021 5:54am Jun 14, 2021 5:54am
From an M5 perspective, a breakout of this little channel/double bottom with divergence on demand would be good for bulls. If it does it should reach pivot at least

Lets see if it follows the same pattern as the past weeks, fake break below 1.41 followed by a swift recovery. There is an M5 supply from LO which could cause bother though
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  • #602,055
  • Jun 14, 2021 5:55am Jun 14, 2021 5:55am
Quoting voeltoez
Bloody monday..wtf... {image}
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A normal monday.
  • #602,056
  • Jun 14, 2021 5:56am Jun 14, 2021 5:56am
Quoting Pat Chiko
{quote} GU re-entry scalping long. {image}

GU

Re entry at H4. RBS

Price is printing LL on H4.

This scalp on pullback to SSR level (pink band)

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I come from the future.
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  • #602,057
  • Jun 14, 2021 6:00am Jun 14, 2021 6:00am
Quoting mysterio
From an M5 perspective, a breakout of this little channel/double bottom with divergence on demand would be good for bulls. If it does it should reach pivot at least Lets see if it follows the same pattern as the past weeks, fake break below 1.41 followed by a swift recovery. There is an M5 supply from LO which could cause bother though {image}
i agree.

But slightly differ from your veiw.

I expect pivot to break and test 4165
Intraday only.
  • #602,058
  • Jun 14, 2021 6:05am Jun 14, 2021 6:05am
Quoting navk
{quote} i agree. But slightly differ from your veiw. I expect pivot to break and test 4165
This would be great. I have 1.4150 marked for my first partial but thinking about taking some off at the pivot. Well lets see, deflecting hard off of the LO breakout zone
  • #602,059
  • Jun 14, 2021 6:09am Jun 14, 2021 6:09am
now we wait for the set up
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yes yes yes
  • #602,060
  • Jun 14, 2021 6:11am Jun 14, 2021 6:11am
Quoting mysterio
From an M5 perspective, a breakout of this little channel/double bottom with divergence on demand would be good for bulls. If it does it should reach pivot at least Lets see if it follows the same pattern as the past weeks, fake break below 1.41 followed by a swift recovery. There is an M5 supply from LO which could cause bother though {image}
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For me 1.4127-60 area is good for short today.
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