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Cable Update (GBPUSD)

So next resistance goes 3338/50!!take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
Quoting OnlineAddict
{quote} I still have longs above 3300, but not big leverage and since today was profit taking, nothing more, we should be back above 1.33 next week.
Everyone can see the chart, but only a few can actually read it.
Quoting OnlineAddict
{quote}

what i see
Question is?..this a bull flag..perhaps another wave down first after 1.3580 ish area (assuming it can get there)
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next tp : 1.3360#1.3368
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Price turnback to where, he escaped from there
Quoting nAVIN2007
{quote} what i see Question is?..this a bull flag..perhaps another wave down first after 1.3580 ish area (assuming it can get there) {image}
Not looking into shorts atm, no matter how high it goes...might take a while, but after 3450, I would like to see 3700.
Everyone can see the chart, but only a few can actually read it.
Quoting OnlineAddict
{quote} Not looking into shorts atm, no matter how high it goes...might take a while, but after 3450, I would like to see 3700.

if the bull flag is a flag then we could see 1.40

Quoting OnlineAddict
{quote} Not looking into shorts atm, no matter how high it goes...might take a while, but after 3450, I would like to see 3700.

my nuts are crossed for both of us..Merry Christmas lol
Quoting nAVIN2007
{quote} if the bull flag is a flag then we could see 1.40
Indeed.
Everyone can see the chart, but only a few can actually read it.
it is critical now we do not go down..1.3324 needs to break
Quoting nAVIN2007
it is critical now we do not go down..1.3324 needs to break
Hi mate, needs to break this descending t/line for the longer-term bulls....touched it at the current dly hi.

dly below.
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Intraday swinger @ 30min+ supp/res, & 5min+ sbr/rbs, via 1min+ set-ups
Quoting nAVIN2007
it is critical now we do not go down..1.3324 needs to break
NY can easily take it down again, they don't like to enter buys at daily highs...no big deal, more long opportunities.
Everyone can see the chart, but only a few can actually read it.
Sell for 50 pips? After NY
Quoting OnlineAddict
{quote} NY can easily take it down again, they don't like to enter buys at daily highs...no big deal, more long opportunities.
yeah this is the problem..
but the weekly chart is saying up..so it needs to reverse everything which is not probable IMHO
Quoting Headland
{quote} Hi mate, needs to break this descending t/line for the longer-term bulls....touched it at the current dly hi. dly below. {image}
yes this is my concern
Quoting nAVIN2007
{quote} yes this is my concern
They entered long yesterday at The low
Quoting nAVIN2007
{quote} yes this is my concern
I'm sure. This is what I am seeing on the wkly below. Yes, this week's wkly candle could well close as a bullish-bodied hammer and after the last 2 wkly closes this would look bullish in and of themselves, but the t/f is still in a general downtrend/descending channel. Good Luck with those longs, anything can happen.

wkly below.
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Intraday swinger @ 30min+ supp/res, & 5min+ sbr/rbs, via 1min+ set-ups
Quoting nAVIN2007
{quote} the market is looking to take out last week weekly high..watch this space

and once broken ...it will be bullish bamm in weekly tf to knock 1.35/36 in my side . #imho mate
not euphoria follower
Quoting nAVIN2007
{quote} what i see Question is?..this a bull flag..perhaps another wave down first after 1.3580 ish area (assuming it can get there) {image}
complete abc correction for 1000 - 1200 pips from 2021 high ?
not euphoria follower
Not thinking any full blown wave up but limits up for down to watch, so after 3373 breaks automatically try for 3409 limit and if broken then last limit 3568!! Likely a failure may come. Anything can happen though!!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
Weekly / monthly resistance caps this retrace at around 1.35 from what I can see.
Compulsions can be hard to resist
in a sell currently
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