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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

We're at the top of the ascending wedge and in h1/h4 supply now, it can be down from here

Advise not to short a rocket though wait and observe let price lead

Think GBPAUD is going to begin a big upmove very soon so not rushing into GBP shorts for the time being
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Quoting mysterio
We're at the top of the ascending wedge and in h1/h4 supply now, it can be down from here Advise not to short a rocket though wait and observe let price lead Think GBPAUD is going to begin a big upmove very soon so not rushing into GBP shorts for the time being {image}
imho aud/usd still has a little room to go up
cable tl won't hold
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#doyourownanalysisordietryin
Target 1 reach. Tommorow above 1.39000 soon
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
Sold at 1.3832, target 1.3632... I did wait for break higher, now let's see if my patience will pay off.
Quoting Georginson
Sold at 1.3832, target 1.3632... I did wait for break higher, now let's see if my patience will pay off.
SAME!

need to make down wave and i got feeling its rose meaning tomorrow massive down
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
Eurusd is a buy up currently at 1.88670
Quoting kris89
Target 1 reach. Tommorow above 1.39000 soon
yes, indeed
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Always trade your own plan...I don't provide trading signals.
Still in my buys and add ons from yesterdays low entered at 1.37402, looking at the 4 hour the low on the 23rd Aug was the weekly M2 (and also the 138 level on my fib) so buying since, I have been watching this and thinking the target would be the Weekly M4 at 1.38556 - so will move up my sl’s and have caution at 1.38556. It is struggling on the Weekly 21 moving average atm
If you don't earn from it you learn from it
Eurusd sell down to 1.18500 and then long back upwards
Maheeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
Soon To Be Temporarily Suspended Again
Quoting thevisitor
1.3850 first..not today
Today?
Hi Guys,
Take it for what it is. The last swing high at 1.39832 ish to the latest low represents a 61.8% fib retrace at 1.38373, I would also be looking at a possible touch of 1.38500 as a confluence level. The fib retrace is also in line with my monthly candle swing high to low. I have a major trendline here so will be looking for rejection of these levels. I have had bearish divergence from higher time frames and we could be looking at a massive drop at some point.
Trade safe,
Cheers.
Trade to trade another day
Eurusd supported by the weekly so the path is now up. Retracement has ended
sell
again
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dolce vita
Quoting Wavegarrick
Hi Guys, Take it for what it is. The last swing high at 1.39832 ish to the latest low represents a 61.8% fib retrace at 1.38373, I would also be looking at a possible touch of 1.38500 as a confluence level. The fib retrace is also in line with my monthly candle swing high to low. I have a major trendline here so will be looking for rejection of these levels. I have had bearish divergence from higher time frames and we could be looking at a massive drop at some point. Trade safe, Cheers.

Whilst i agree a drop will happen at some point, 3800 has broken now if it holds on the daily close then we are probably looking at 3876 next and then that is a trend reversal which could see this going up to the 1400 level which is an old support now resistance

but wishing you the best for your trades
Follow The Markets Structure - Patience and Discipline
Quoting navk
Feel better to close down forum while trading. Want to avoid noice here. Bye guys.

i dont even follow what people say in forum but truth be told its a distraction sometime..
PLAN YOUR RISK & REWARD BEFORE INVEST
Quoting Wavegarrick
Hi Guys, Take it for what it is. The last swing high at 1.39832 ish to the latest low represents a 61.8% fib retrace at 1.38373, I would also be looking at a possible touch of 1.38500 as a confluence level. The fib retrace is also in line with my monthly candle swing high to low. I have a major trendline here so will be looking for rejection of these levels. I have had bearish divergence from higher time frames and we could be looking at a massive drop at some point. Trade safe, Cheers.
Hey Garrick... Here is a Quick Stat
last 7 years September
September 2014: - High 1.6643 - 1.6051 = 592 pips range
September 2015: - High 1.5658 - 1.5107 = 551 pips range
September 2016: - High 1.3444 - 1.2914 = 530 pips range
September 2017: - High 1.3658 - 1.2905 = 753 pips range
September 2018: - High 1.3298 - 1.2785 = 513 pips range
September 2019: - High 1.2581 - 1.1958 = 623 pips range
September 2020: - High 1.3482 - 1.2675 = 807 pips range

Minimum Range = 513 pips
Average Range = 660 pips
Maximum Range = 807 pips

From the above, it can be deducted that around 500 - 600 pips range will likely be seen this September 2021. Now the Big question is where will the range stretch to (up or down)?

Yearly range so far stands at 800 pips against expected range of 1400 - 1600 pips for Year 2021, This means that additional 600 pips is expected to break either 1.4249 or 1.3450 between September to December 2021.

Bias: as far as 1.3980 is unbroken this September, 1.3300 is widely exposed.

This is my research excerpt with no obligation to follow. This piece is for informational purpose.

Cheers,
George.
i was long at 13770 after watching daily chart yesterday i later fell it will drop to 13750 i closed it and went short and got burn..

always trade ur first plan
PLAN YOUR RISK & REWARD BEFORE INVEST
Quoting Wavegarrick
Hi Guys, Take it for what it is. The last swing high at 1.39832 ish to the latest low represents a 61.8% fib retrace at 1.38373, I would also be looking at a possible touch of 1.38500 as a confluence level. The fib retrace is also in line with my monthly candle swing high to low. I have a major trendline here so will be looking for rejection of these levels. I have had bearish divergence from higher time frames and we could be looking at a massive drop at some point. Trade safe, Cheers.
I have the same fib - and possibly the same trend line from a fib channel on the day from the high on the 1st June - still in Long until the 1 hour indicators tell me otherwise,
If you don't earn from it you learn from it
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