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Cable Update (GBPUSD)

  • #627,961
  • Oct 4, 2021 1:05pm Oct 4, 2021 1:05pm
Quoting miedpreneur
{quote} i think is tricky now.. beside the fact you said wick on h4 plus i see bearish divergence on H4.. still on larger TF bear still in the house..
no bearish divergence on 4h

edit: oh i see rsi is hidden divergence
  • #627,962
  • Oct 4, 2021 1:16pm Oct 4, 2021 1:16pm
Gbpusd is in a downwards trend on the daily and weekly.
  • #627,963
  • Oct 4, 2021 1:27pm Oct 4, 2021 1:27pm
Trading plan for the week. Details mentioned inside the chart.

Please feel free to comment your views.

I'd rather look for your opinions than the likes.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot (707).png Size: 373 KB
Click to Enlarge Name: Screenshot (708).png Size: 400 KB
  • #627,964
  • Edited 2:03pm Oct 4, 2021 1:37pm | Edited 2:03pm
Just look EG and GU. EG collapsed as the plan. BUT now needs correction fib 50 or more (just for explanation). So the direction for GU? Decide yourself. Looks like tomorrow (Tues/Wed) will be huge selling. Just my 0.01 cent. Have a good day!!!
Edit: UJ (double top is likely before) is on the brink of collapse
  • #627,965
  • Oct 4, 2021 1:42pm Oct 4, 2021 1:42pm
i dont know guys,

i want to sell
  • #627,966
  • Oct 4, 2021 1:43pm Oct 4, 2021 1:43pm
Quoting Traderview
Trading plan for the week. Details mentioned inside the chart. Please feel free to comment your views. I'd rather look for your opinions than the likes. {image} {image}

I know nothing about these formations so it is hard to comment..I will be happy if this thing can go to 1.37
  • #627,967
  • Oct 4, 2021 1:44pm Oct 4, 2021 1:44pm
Rising or dropping?
For me it's dropping after rising
Attached Image (click to enlarge)
Click to Enlarge Name: USDSGDH4.png Size: 47 KB
  • #627,968
  • Oct 4, 2021 1:47pm Oct 4, 2021 1:47pm
Quoting Ihlas
Rising or dropping? For me it's dropping after rising {image}
i would bet for a drop
  • #627,969
  • Oct 4, 2021 1:49pm Oct 4, 2021 1:49pm
Quoting nAVIN2007
{quote} I know nothing about these formations so it is hard to comment..I will be happy if this thing can go to 1.37

you want to be happy alone? i am short bro ..you cant be happy whiile i am sad...
MY OPINION NOT FINANCIAL ADVISE
  • #627,970
  • Oct 4, 2021 1:51pm Oct 4, 2021 1:51pm
no, i will not sell.

chat is telling that price will move up

  • #627,971
  • Oct 4, 2021 1:51pm Oct 4, 2021 1:51pm
Quoting helioss
Friday closed with strong Demand.....clear reading volume {image}
...and uptrend is...... Volume don't lie Demand at moment is still strong
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 22 KB
  • #627,972
  • Oct 4, 2021 1:52pm Oct 4, 2021 1:52pm
Quoting donfriday
{quote} you want to be happy alone? i am short bro ..you cant be happy whiile i am sad...

that's what u think

bro I see 1.6380ish..I'm targeting this tomorrow to get out of my positions..then I may try and sell
but I will need to be careful ..i placed money money in my account so I need to make double
  • #627,973
  • Edited 2:20pm Oct 4, 2021 1:55pm | Edited 2:20pm
Quoting nAVIN2007
{quote} that's what u think bro I see 1.6380ish..I'm targeting this tomorrow to get out of my positions..then I may try and sell but I will need to be careful ..i placed money money in my account so I need to make double


after NFP i want to buy but for now i am still aiming for 134

we are inside bearish channel
Attached Image (click to enlarge)
Click to Enlarge Name: GBP_USD Mini_20211004_19.13.png Size: 59 KB
MY OPINION NOT FINANCIAL ADVISE
  • #627,974
  • Oct 4, 2021 2:29pm Oct 4, 2021 2:29pm
Quoting Waveskierrob
SOLD 1.3615 no tp no sl 3rd time lucky lucky lucky
Same here, sell position added @ 1.36149 coinsidence...
  • #627,975
  • Oct 4, 2021 2:34pm Oct 4, 2021 2:34pm
Politicians pants on fire today, confidential papers released oioi...

Funny enough I was reading about George Soros GBP sell against BOE. Can the history repeat you think?
  • #627,976
  • Oct 4, 2021 2:46pm Oct 4, 2021 2:46pm
Facebook, Instagram, WhatsApp all down
  • #627,977
  • Oct 4, 2021 2:59pm Oct 4, 2021 2:59pm
Quoting Jolita
{quote} Same here, sell position added @ 1.36149 coinsidence...
Selling is the right direction I think, however, im expecting a spike up to hit 1.3650/70 before the crash down
  • #627,978
  • Oct 4, 2021 2:59pm Oct 4, 2021 2:59pm
either way , it needs to go down
if it for wave 5 of the big downward move
or for the abc correction of baby up move
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 25 KB
yes yes yes
  • #627,979
  • Oct 4, 2021 3:20pm Oct 4, 2021 3:20pm
Quoting Nd10
Facebook, Instagram, WhatsApp all down
Yes, noticed. Outage problems.
  • #627,980
  • Oct 4, 2021 3:22pm Oct 4, 2021 3:22pm
Let’s see if Philip Nels 4 hour strategy (MACD) is working. Price broke 21 ema. Heading towards 89sma which ties in with a .786 retracement
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