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Cable Update (GBPUSD)

  • #620,461
  • Sep 1, 2021 4:26am Sep 1, 2021 4:26am
Quoting mysterio
Think the dxy rebound should continue to 93 area, so I target down to around 1.37 on cable next likely. We have an h1 zone down there 1.37024-37199 To me looks like a large wedge/bearflag forming on h1/h4 so watching to see what happens there, stubbornly remaining bearish for now. I see the daily tried to breakout today but failed. 1.3806-3830 seems like a pretty strong h4 supply, gonna be tough to crack it i think. Can also see the wisdom of a trip up to 1.40 maybe necessary if we are to continue bearish Watch around 1.373x tomorrow, seems like...
Think the upswing this morning was to take out these highs and we can head to 1.37 area. Break of the h1 wedge can re confirm bearish bias, waiting for now
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  • #620,462
  • Sep 1, 2021 4:30am Sep 1, 2021 4:30am
Quoting mysterio
{quote} Think the upswing this morning was to take out these highs and we can head to 1.37 area. Break of the h1 wedge can re confirm bearish bias {image}
you are trading against Pat Chicko once again...

just sayin...
  • #620,463
  • Sep 1, 2021 4:32am Sep 1, 2021 4:32am
September 2021 Forecast

High 1.38963
Low 1.33238

Bias: Bearish.
  • #620,464
  • Sep 1, 2021 4:33am Sep 1, 2021 4:33am
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break of 1.38000 level will make a new upward channel

ill patient and follow the progress
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #620,465
  • Sep 1, 2021 4:33am Sep 1, 2021 4:33am
Quoting genadi
{quote} you are trading against Pat Chicko once again... just sayin...
No trade yet bro just watching for now

I consciously try to avoid reading others positions and just follow my setups and judge them on their own strengths, if you paid attention to everyone's positioning on here you'd never take a position. Also I have the mighty WaveG on my side

I had a setup for the long at 6am but was dozing, you snooze you lose
  • #620,466
  • Sep 1, 2021 4:33am Sep 1, 2021 4:33am
Quoting pipfarm
Will short on a break below 3730 to take us into first wave down target 3679 {image}

Infact what the hell, i will short it now as i just looked at lower tfs and can get a discount entry ,

short @ 3752 stop above 3765
Follow The Markets Structure - Patience and Discipline
  • #620,467
  • Sep 1, 2021 4:36am Sep 1, 2021 4:36am
GU monthly range for September looking at a High-low of 350/400

Projected High if market stay Bullish -----1.41168
Projected low if market stay bearish -----1.34349
Resistance Price to watch------------------1.37854
Support Price to watch---------------------1.36015
Breakout Resistance Price ----------------1.38077
Keep the Lights on then you can catch the rise from the dark.
  • #620,468
  • Sep 1, 2021 4:37am Sep 1, 2021 4:37am
Quoting genadi
{quote} you are trading against Pat Chicko once again... just sayin...

I don't have any trade yet,

Still waitting for set up.

Can be long or short. donno

From FX Street

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #620,469
  • Sep 1, 2021 4:41am Sep 1, 2021 4:41am
1.37450 below it sell it , reject it buy it just a normal pivot line
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #620,470
  • Sep 1, 2021 4:46am Sep 1, 2021 4:46am
Quoting PElago
September 2021 Forecast High 1.38963 Low 1.33238 Bias: Bearish.

explain further
MY OPINION NOT FINANCIAL ADVISE
  • #620,471
  • Sep 1, 2021 4:47am Sep 1, 2021 4:47am
D1 has a huge rejection bar which coincides with the 3800 level (sbr) and H1 on the pullback 2 indecision bars and if the current H1 bar stays the same bearish pressure engulfing the prior bars open and close
Follow The Markets Structure - Patience and Discipline
  • #620,472
  • Sep 1, 2021 4:47am Sep 1, 2021 4:47am
Quoting ricmaj
GU monthly range for September looking at a High-low of 350/400 Projected High if market stay Bullish -----1.41168 Projected low if market stay bearish -----1.34349 Resistance Price to watch------------------1.37854 Support Price to watch---------------------1.36015 Breakout Resistance Price ----------------1.38077

by tomorrow nobody remember
MY OPINION NOT FINANCIAL ADVISE
  • #620,473
  • Sep 1, 2021 4:49am Sep 1, 2021 4:49am
I entered Short with SL 30pips
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  • #620,474
  • Sep 1, 2021 4:50am Sep 1, 2021 4:50am
Quoting kris89
1.37450 below it sell it , reject it buy it just a normal pivot line
add more buy again , last load , will let the price run the rest for breach 1.38000
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #620,475
  • Sep 1, 2021 4:53am Sep 1, 2021 4:53am
Buying GU/GJ and Selling UCAD

Edited : GU TP stands @ 37780 and Previous High of 1.38 ONLY
Fools Rushing
  • #620,476
  • Sep 1, 2021 5:02am Sep 1, 2021 5:02am
GU

Scalp

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #620,477
  • Sep 1, 2021 5:05am Sep 1, 2021 5:05am
Went long too at 13752 tp open SL none until we 20 over then will move to b/e
Insane in the Brain..
  • #620,478
  • Sep 1, 2021 5:09am Sep 1, 2021 5:09am
Quoting Pat Chiko
GU Scalp {image}
right on the money Chiko !!

Cheers !
Fools Rushing
  • #620,479
  • Sep 1, 2021 5:12am Sep 1, 2021 5:12am
Sold 1.3757 30/30 tp/sl .

According one min / 5 min tf .

Cheers.
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #620,480
  • Sep 1, 2021 5:13am Sep 1, 2021 5:13am
buyers want it lower to buy

seller want it higher to sell
MY OPINION NOT FINANCIAL ADVISE
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