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Cable Update (GBPUSD)

  • #611,381
  • Jul 22, 2021 2:07am Jul 22, 2021 2:07am
usually i hate to predict the exact path, but base E wave and my Fibonacci cycles i this this is the way.
not in a trade right now
it could stop any time for some retrace, im waiting for confirmation for that.
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  • #611,382
  • Jul 22, 2021 2:09am Jul 22, 2021 2:09am
Moty, please get the hammer charged. My shorts need the Thor protection.
  • #611,383
  • Jul 22, 2021 2:10am Jul 22, 2021 2:10am
Quoting Moty
Sold it !!!!! {image}
You shell not pass 1.37500 mf
yes yes yes
  • #611,384
  • Jul 22, 2021 2:11am Jul 22, 2021 2:11am
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morning at the top of the box now just keep moving pp
  • #611,385
  • Jul 22, 2021 2:12am Jul 22, 2021 2:12am
Quoting AnfieldLife
I'm long from 1.3576. I think we can see 1.3825 - 1.3850 at end of the week.
Moved all SL to 1.3700, TP open. I'll keep all longs before market close
  • #611,386
  • Jul 22, 2021 2:14am Jul 22, 2021 2:14am
Might be another ping pong day.
  • #611,387
  • Jul 22, 2021 2:15am Jul 22, 2021 2:15am
Quoting Moty
{quote} You shell not pass 1.37500 mf
the simple 5 waves of Elliott bro,

still in the 3rd.

count it 1h/30m
  • #611,388
  • Jul 22, 2021 2:16am Jul 22, 2021 2:16am
1.38500 will be the flesh these day . im out from sell first . wait n see
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #611,389
  • Jul 22, 2021 2:20am Jul 22, 2021 2:20am
if 1hr chart close above 1.37490 we can confirm the trend change from bear to bull


if trend change we can see 1.38000
  • #611,390
  • Jul 22, 2021 2:25am Jul 22, 2021 2:25am
Quoting AnfieldLife
{quote} Moved all SL to 1.3700, TP open. I'll keep all longs before market close
Don't fight the yearly trend.. you may check June 20 - June 26 year 2021, you may also check July 18 - 30 year 2019...

This price is now well positioned for another Massive crash to 1.34 then 1.28.
Data + Stat + Risk/Emotions Management
  • #611,391
  • Jul 22, 2021 2:25am Jul 22, 2021 2:25am
hello friends, its a great day for the cable as this break out move today is unstopable. Sentiment remains bullish since yesterday with day's target rising from 1.3562 yesterday to 1.3736 for today and bid level risen from 1.3590 to 1.3755 today. however after cross the 1.3755 this morning we expect price to continue to hold above that level for the rest of the day with key events coming up to catalyse the bullish move towards 1.3859 area.
Happy trading.
  • #611,392
  • Jul 22, 2021 2:29am Jul 22, 2021 2:29am
Quoting Georginson
{quote} Don't fight the yearly trend.. you may check June 20 - June 26 year 2021, you may also check July 18 - 30 year 2019... This price is now well positioned for another Massive crash to 1.34 then 1.28.
that 1.38500 area seem flesh for me for now as price close above 1.37400 , but if price playing near there maybe crash soon will come . thats why i wait and see H4 doing first with that volume
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #611,393
  • Jul 22, 2021 2:30am Jul 22, 2021 2:30am
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mmmm
  • #611,394
  • Jul 22, 2021 2:34am Jul 22, 2021 2:34am
I think there is no chance of reversal , the trend has changed to bullish ,closing my shorts in -500$ loss
  • #611,395
  • Jul 22, 2021 2:39am Jul 22, 2021 2:39am
GU possible short set up.
Level to watch 1.38/1.39

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  • #611,396
  • Jul 22, 2021 2:41am Jul 22, 2021 2:41am
Quoting AlfieSolomon
I think there is no chance of reversal , the trend has changed to bullish ,closing my shorts in -500$ loss
Only to come back 3 days later and see it at 1.3580 area.
Data + Stat + Risk/Emotions Management
  • #611,397
  • Jul 22, 2021 2:42am Jul 22, 2021 2:42am
Quoting AlfieSolomon
I think there is no chance of reversal , the trend has changed to bullish ,closing my shorts in -500$ loss
Possible downside here 50% fibo , MA 50, big Resistance 1,3755 AND 1,3775 let's see ...
  • #611,398
  • Jul 22, 2021 2:45am Jul 22, 2021 2:45am
Quoting AlfieSolomon
I think there is no chance of reversal , the trend has changed to bullish ,closing my shorts in -500$ loss
idk what you talking about..
im not a long term trader, not fit to my character.
but you are far from understanding the big picture.

watch weekly
  • #611,399
  • Jul 22, 2021 2:45am Jul 22, 2021 2:45am
Quoting gatenio
{quote} the simple 5 waves of Elliott bro, still in the 3rd. count it 1h/30m
I see that
Is also sup that become res zone and the 200 ema place
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yes yes yes
  • #611,400
  • Jul 22, 2021 2:46am Jul 22, 2021 2:46am
Quoting ChiForex
For long term traders, GU showing initial signs of downtrend start and will be confirmed by next month. So any retracement movements are opportunities to sell higher. First Targets are 1.30-1.32 followed by 1.25-1.26
Here we go for retracement..You can not trade long term as you trade short term, Tp as sl too are bigger..
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
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