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Cable Update (GBPUSD)

  • #610,481
  • Jul 19, 2021 4:43am Jul 19, 2021 4:43am
come on !!!!!!!!!!!!
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yes yes yes
  • #610,482
  • Jul 19, 2021 4:44am Jul 19, 2021 4:44am
Quoting babayaga
{quote} https://www.forexfactory.com/attachm...1&d=1623238630 ciao Vincent1, do you remember your image from #post 601,089 from 09.06.2021 I would like to discuss with you if you don't mind about this pattern because now it looks more like inverted cup and handle to me from: https://www.luckscout.com/cup-and-handle-pattern/ https://www.luckscout.com/wp-content...-pattern-1.gif classic from: https://www.investopedia.com/terms/c/cupandhandle.asp...
Hi Babayaga,
about Cup & Handle, did you see what a nice pattern is going on USDCAD Daily?
  • #610,483
  • Jul 19, 2021 4:45am Jul 19, 2021 4:45am
nice scalping day...

God is good.
Trade with prediction = witch with her visions lol
  • #610,484
  • Jul 19, 2021 4:45am Jul 19, 2021 4:45am
Rejection of 1.3700 area after LO is a really good sign for the bulls . I’m long 1.3712, SL 1.3688. 1st target : 1.3808 where I see a small liquidity void area and previous support turned resistance. This I think is the beginning of the bull run towards 1.40 IMO
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Did you place your stop loss order? Why not?!? Story of my life...
  • #610,485
  • Jul 19, 2021 4:45am Jul 19, 2021 4:45am
Done my scalping for the day will leave a small runner : https://www.forexfactory.com/thread/...2#post13632222

simple PA scalp off of RN
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  • #610,486
  • Jul 19, 2021 4:46am Jul 19, 2021 4:46am
Testing 3747 Wollstonecraft like to see a big drop here scalp hedge is tp and short there
  • #610,487
  • Jul 19, 2021 4:47am Jul 19, 2021 4:47am
Based on recent sideways movement of fall and retrace then repeat..won't be surprised to see 1.3830-50 if monthly 1.3700 that match daily doesn't break/base below
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #610,488
  • Jul 19, 2021 4:49am Jul 19, 2021 4:49am
Quoting Ehminiz
How about 1.37460 as TP? @pat am i on the right track? {image}
Congrats Bro.

Sniper entry, smart exit point.

I love your trade.

I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #610,489
  • Jul 19, 2021 4:55am Jul 19, 2021 4:55am
im looking for easy rectangle drawing with easy color change for mt4 and free,
who can help me with that?
  • #610,490
  • Jul 19, 2021 4:58am Jul 19, 2021 4:58am
Pay attention to the circled bullish volume candle.... The current bearish daily candle would be rejected in this support zone...
I'm looking forward to seeing a strong pull back, after which prices will consolidate for a period of time before deciding its direction..

Good Luck

BigNumbers
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My telegram: https://t.me/avidforex
  • #610,491
  • Jul 19, 2021 4:59am Jul 19, 2021 4:59am
Wow 40 pips in 1H. And 3 more hours. Not bad
  • #610,492
  • Jul 19, 2021 5:03am Jul 19, 2021 5:03am
1.38 looks like resistance now
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Compulsions can be hard to resist
  • #610,493
  • Jul 19, 2021 5:12am Jul 19, 2021 5:12am
Hello friends, Cable evolves arround 1.3775 - 1.3823 this week. After closing previouse week below 1.3775(this week target price),cable is set to nudge higher to look for a break above 1.3823 and doing so extends to 1.3912 to start a bullish week. failing @1.382, 1.3681 should be next level low to watch for to start another bearish week. levels to watch today 1.3749- 1.3811- 1.3912. BUT can price sustain to stay below week target of 1.3775? Happy trading.
  • #610,494
  • Jul 19, 2021 5:12am Jul 19, 2021 5:12am
Looks like 1.3740 is SBR now ? Good for bears
  • #610,495
  • Jul 19, 2021 5:21am Jul 19, 2021 5:21am
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yes yes yes
  • #610,496
  • Jul 19, 2021 5:26am Jul 19, 2021 5:26am
Quoting mysterio
Done my scalping for the day will leave a small runner : https://www.forexfactory.com/thread/...2#post13632222 simple PA scalp off of RN {image} {image}
This is a good call. I was expecting it to happen. didn't realize the with my sell trade. HH/HL/H/LL>HH. Divergence setups are recommend for fellow traders. Hope you'll agree.
Fools Rushing
  • #610,497
  • Jul 19, 2021 5:27am Jul 19, 2021 5:27am
Quoting Mr.Burger
{quote} {image}
Actually no, it is not what I mean
It is targeting 1.2950ish
  • #610,498
  • Jul 19, 2021 5:29am Jul 19, 2021 5:29am
H4 bullish candle...
  • #610,499
  • Jul 19, 2021 5:30am Jul 19, 2021 5:30am
Quoting MTF Test
{quote} This is a good call. I was expecting it to happen. didn't realize the with my sell trade. HH/HL/H/LL>HH. Divergence setups are recommend for fellow traders. Hope you'll agree.
Yeah- i'm not a fan of indicators but I'm a believer in MACD divergence. That setup I posted is almost a sure thing especially when combined with a good level like a RN

Thankfully I didn't get greedy and extracted the max pips before the drop. I consider 1.3685-1.37 an important area for the bulls to hold to have a shot at seeing 1.39 again. We also have a daily lower desc TL in this area worth watching for a recovery, in fact we might have tapped it already

I'm still getting continuing divergence on DXY whilst it keeps creating new highs on the weekly supply area so i'm open minded on direction still. But as others have said there's no real serious sign of bulls yet
  • #610,500
  • Jul 19, 2021 5:32am Jul 19, 2021 5:32am
Quoting Vincent1
{quote} Actually no, it is not what I mean It is targeting 1.2950ish
yes is still a possibility to get 2950 and still valid
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