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Cable Update (GBPUSD)

  • #645,561
  • Dec 20, 2021 3:46pm Dec 20, 2021 3:46pm
Quoting Jolita
4h chart can we make 13270? {image}
I need to short from there
  • #645,562
  • Dec 20, 2021 3:57pm Dec 20, 2021 3:57pm
Quoting Nd10
{quote} I need to short from there
Removed this number, not to confuse. Looks like a temporary up trend. What do you think?
  • #645,563
  • Dec 20, 2021 4:01pm Dec 20, 2021 4:01pm
Quoting kris89
M versus W on 4H TF? Will see this interesting move if W is formed
Would be nice to re-visit last weeks high
  • #645,564
  • Edited 4:12pm Dec 20, 2021 4:02pm | Edited 4:12pm
... nice clean moves yesterday, 1st down to support - a prev 4hr/dly/minor wkly sw lo zone extending down to 3161, (tested multiple times - ie now 5 times, as visible on 4hr,) then up to resistance - a prev 1hr sw hi zone (leading up to the then current and what turned out to be the actual, dly hi,) and then down again to the 61.8% of the said move up from support....all of which resulted in a bearish bodied hammer - esq candle on the dly t/f.

Does it look a bit H&Sy on 4hr? We'll see what tomorrow brings.

dly then 1hr below.
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Trader with an Edge.
  • #645,565
  • Dec 20, 2021 4:27pm Dec 20, 2021 4:27pm
should hold above 3200 for 3240 first.

IMO
Intraday only.
  • #645,566
  • Dec 20, 2021 4:40pm Dec 20, 2021 4:40pm
Quoting KiwiTrada
{quote} UCad also approaching previous 4hr daily weekly highs, all within handful of pips, if bulls can take them out possible weekly inverted H&S in play (noth prettiest but notable) neckline there abouts the resistance levels as posted, 2936 / 2947 / 2955!!
as expected 2936 - 2955 now hrly range pa now 2935 decision time either this hr or next???
If you are new to Forex? Say Goodbye to your account!!
  • #645,567
  • Dec 20, 2021 4:47pm Dec 20, 2021 4:47pm
Daily chart still downtrend, consolidation visible?
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  • #645,568
  • Dec 20, 2021 4:50pm Dec 20, 2021 4:50pm
Quoting Jolita
Daily chart still downtrend, consolidation visible? {image}
Yes. On these scene better buy the lowest . That low hold much of it . Will be break soon if still violate more .
So expecting a some SOS for the swing
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #645,569
  • Dec 20, 2021 5:13pm Dec 20, 2021 5:13pm
Quoting kris89
{quote} Yes. On these scene better buy the lowest . That low hold much of it . Will be break soon if still violate more . So expecting a some OS for the swing
Lets see where it takes us tomorrow.
DXY daily, triangle turned into a flag
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  • #645,570
  • Dec 20, 2021 6:02pm Dec 20, 2021 6:02pm
  • #645,571
  • Dec 20, 2021 7:33pm Dec 20, 2021 7:33pm
something gonna happen soon , lets watch


"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #645,572
  • Dec 20, 2021 8:38pm Dec 20, 2021 8:38pm
Quoting kris89
something gonna happen soon , lets watch

whaddu you expect?

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"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #645,573
  • Dec 20, 2021 8:51pm Dec 20, 2021 8:51pm
Quoting kris89
{quote} whaddu you expect? {image}
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  • #645,574
  • Dec 20, 2021 8:54pm Dec 20, 2021 8:54pm
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yes yes yes
  • #645,575
  • Dec 20, 2021 9:44pm Dec 20, 2021 9:44pm
Quoting Mitiblotch
Today is Monday. This will keep sinking till end of day. New York are the chief sellers of this pair. Today they may sink it to 3100 area and below on or before Wednesday.
Inserted Video

I laughed so hard I feel the words.. lol 15:50 is when it starts..
  • #645,576
  • Dec 20, 2021 10:34pm Dec 20, 2021 10:34pm
for me it looks short, if we are below R1
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Trendlines H1,H4, SMC
  • #645,577
  • Dec 20, 2021 11:11pm Dec 20, 2021 11:11pm
Quoting q_import
{quote} https://www.youtube.com/watch?v=Vy1_URi88eE#t=15m50s I laughed so hard I feel the words.. lol 15:50 is when it starts..
these was cool >.< hahaha
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #645,578
  • Edited 11:42pm Dec 20, 2021 11:27pm | Edited 11:42pm
until and unless bear confirm and hold likely bounce more or less. watching

watching for usdx failure at top fo 96/ 95.52 down play
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #645,579
  • Dec 20, 2021 11:28pm Dec 20, 2021 11:28pm
Quoting fontu
until and unless bear confirm and hold likely bounce more or less. watching {image} {image}
i was waiting someting to happen first , my radar show something
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #645,580
  • Dec 20, 2021 11:38pm Dec 20, 2021 11:38pm
Quoting stevepatt
{quote} GBP/USD W1 Observations The question is whether there is enough Selling Pressure to Push Price Lower before the New Year..... {image} {image}

GBP/USD Pending Long Trade

Entry 1.32180

Target 1.32380 +20 Pips

Stop 1.32050 (-13) Pips

Long Trade Triggered 7.34 GMT
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