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Cable Update (GBPUSD)

  • #602,061
  • Jun 14, 2021 6:18am Jun 14, 2021 6:18am
Quoting Pat Chiko
{quote} GU Re entry at H4. RBS Price is printing LL on H4. This scalp on pullback to SSR level (pink band) {image}
GU

Hold & bounce at 1.4100 or break below ?

Decision time.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #602,062
  • Jun 14, 2021 6:19am Jun 14, 2021 6:19am
I hope this is not a break even for down trend
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  • #602,063
  • Jun 14, 2021 6:38am Jun 14, 2021 6:38am
Quoting Tekin
I hope this is not a break even for down trend {image}
that would work for the scalping trading however I don’t believe there is any red sticker data to boost the pair that car up today
Insane in the Brain..
  • #602,064
  • Jun 14, 2021 6:47am Jun 14, 2021 6:47am
New bear set up on H1. Extreme is 1.41030. This current H1 close below it may open the trap door as ‘BeeTogether’ likes to call it.

#PAMapping
  • #602,065
  • Jun 14, 2021 6:49am Jun 14, 2021 6:49am
Quoting Pat Chiko
{quote} GU Re entry at H4. RBS Price is printing LL on H4. This scalp on pullback to SSR level (pink band) {image}
GU

add position at RN rejection.

Attached Image (click to enlarge)
Click to Enlarge Name: gu 100.jpg Size: 289 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #602,066
  • Jun 14, 2021 6:50am Jun 14, 2021 6:50am
Sold 1.41100, target 1.4070, stop 1.41190
Secrets to success. It is the result of hard work, & learning from failure
  • #602,067
  • Jun 14, 2021 6:51am Jun 14, 2021 6:51am
Quoting JayBag
New bear set up on H1. Extreme is 1.41030. This current H1 close below it may open the trap door as ‘BeeTogether’ likes to call it. #PAMapping
Yes, it is decision time. It can easily deflect down from here. I still hold my buy, we still have a chance for a good push up I believe.
  • #602,068
  • Jun 14, 2021 6:55am Jun 14, 2021 6:55am
Quoting Tekin
{quote} come on bears lets goo???? {image}

ı enter and quit very early. bears did their job well. i wonder bulls could have a chance to push it from 1856 or 1848 to 1904
  • #602,069
  • Jun 14, 2021 6:57am Jun 14, 2021 6:57am
GU - structure trade - London
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  • #602,070
  • Jun 14, 2021 7:03am Jun 14, 2021 7:03am
Ranges too tight again today. Have TP my long at 14105 as it’s not showing me signs of a decent rise. Added a cheeky short at 14102 with a tight SL to see if we can go below 14050. But overall I’ve made 90% of my target income today
Insane in the Brain..
  • #602,071
  • Jun 14, 2021 7:04am Jun 14, 2021 7:04am
Quoting mysterio
{quote} Yes, it is decision time. It can easily deflect down from here. I still hold my buy, we still have a chance for a good push up I believe.
Let's see bro. H1 set up extreme and weekly open area kinda collides. With time, we should know better.

Take Care bud
  • #602,072
  • Jun 14, 2021 7:09am Jun 14, 2021 7:09am
Quoting JayBag
{quote} Let's see bro. H1 set up extreme and weekly open area kinda collides. With time, we should know better. Take Care bud
BBMA's extreme?
  • #602,073
  • Jun 14, 2021 7:14am Jun 14, 2021 7:14am
It seems GU has formed a double bottom which is preparing it for a long move. DXY appears to have formed a double top. I have a bullish bias for GU today.
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  • #602,074
  • Jun 14, 2021 7:19am Jun 14, 2021 7:19am
I hold buy till 1.416 area where i intend to reinforce more sell. There is a gap on 1H that needs to be covered. I think pivot may break exposing us to R1 and further back down. 1H presents another range in the market. Though Bailey news in 40 mins may or may not change anything. Pending sell at 1.417
  • #602,075
  • Jun 14, 2021 7:21am Jun 14, 2021 7:21am
Quoting gatenio
{quote} BBMA's extreme?
No bro.

I have this software I coded based on my limited experience.

There's a fresh bear setup on H1. At the top of this setup, I tag it ‘Extreme’ (1.41030) while the bottom is at (1.4070)

BBMA is a no-go area for me.
  • #602,076
  • Jun 14, 2021 7:23am Jun 14, 2021 7:23am
There is a very strong D1 trendline. Someone mentioned 1.43. Hmm can't rule it out though
  • #602,077
  • Jun 14, 2021 7:24am Jun 14, 2021 7:24am
f**k yoy goldi mf , this can only happened to me
weekly s2 on Monday when i am long
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but i blame my self
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yes yes yes
  • #602,078
  • Jun 14, 2021 7:28am Jun 14, 2021 7:28am
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yes yes yes
  • #602,079
  • Jun 14, 2021 7:28am Jun 14, 2021 7:28am
Still looking good for the push up to retest around 4200

The last swing down in my chart from yesterday over shot the retest area , bear in mind that in my opinion we are in an abc move of a larger B move , typically B waves are notorious for shake outs for traders on both sides of the market.

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Follow The Markets Structure - Patience and Discipline
  • #602,080
  • Jun 14, 2021 7:28am Jun 14, 2021 7:28am
my limited experience showing long set up on 1h
after the bearish dominant hour break by 2 candles only.
1st tp 4135, 2nd, 4165, and 3rd right where im looking for since last week 1.4225 (i may give up at 4165)

may the best setup win.
bulls or bears.
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