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Cable Update (GBPUSD)

  • #646,421
  • Dec 31, 2021 5:17am Dec 31, 2021 5:17am
BOUGHT BTCUSD...
My telegram: https://t.me/avidforex
  • #646,422
  • Dec 31, 2021 5:17am Dec 31, 2021 5:17am
Pay revisit today's H
  • #646,423
  • Dec 31, 2021 5:17am Dec 31, 2021 5:17am
Cadjpy inverted. 3 main supports again being the last one the strongest. It lies at 90.69. I was not at this stage knowledege when going in 2 weeks ago and closed with losses but its never too late. So Cadjpy short at around 90.69. could be within 1-5 pip error.

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POSTMASTER
  • #646,424
  • Dec 31, 2021 5:18am Dec 31, 2021 5:18am
Not very optimistic about it, weak supply
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Air force
  • #646,425
  • Dec 31, 2021 5:18am Dec 31, 2021 5:18am
GU short target in NY session close to 3450.
Intraday only.
  • #646,426
  • Dec 31, 2021 5:26am Dec 31, 2021 5:26am
Quoting Robinhood1
Cadjpy inverted. 3 main supports again being the last one the strongest. It lies at 90.69. I was not at this stage knowledege when going in 2 weeks ago and closed with losses but its never too late. So Cadjpy short at around 90.69. could be within 1-5 pip error. {image}
Target around 85.70
POSTMASTER
  • #646,427
  • Dec 31, 2021 5:31am Dec 31, 2021 5:31am
...1st attempt on getting north of the prev 1hr/4hr sw hi zone to y/day's 3522 hi (= prev res = pot res) fails, and more supply there sends price down. 1hr consolidation continues on this last day of 2021.

1hr below.
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Trader with an Edge.
  • #646,428
  • Dec 31, 2021 5:39am Dec 31, 2021 5:39am
finding resistances is another story. Audjpy has it ultimate support at 8100 but i will be closing 200 pips to be safer.

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POSTMASTER
  • #646,429
  • Dec 31, 2021 5:41am Dec 31, 2021 5:41am
Long 1.34860
  • #646,430
  • Dec 31, 2021 5:50am Dec 31, 2021 5:50am
happy new year
  • #646,431
  • Dec 31, 2021 5:52am Dec 31, 2021 5:52am
Quoting Ihlas
Long 1.34860
Buy limit 1.34730
  • #646,432
  • Dec 31, 2021 5:58am Dec 31, 2021 5:58am
Quoting kuroro001
{quote} We should be able to make some pips out of it But check the dollar.....i'm not confident at all Hedge funds are clearly getting rid of their USD {image}
us$ is only half equation in cable / dix weekly is double bottom of strong support, clearly uptrend, it is accumulation mode, (6th week) present resistance is psych level 97 then 97 79 then parity that will be tough always is:-) will see how this phase plays out 95 84 - 97 00?
If you are new to Forex? Say Goodbye to your account!!
  • #646,433
  • Dec 31, 2021 6:00am Dec 31, 2021 6:00am
H1
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  • #646,434
  • Dec 31, 2021 6:07am Dec 31, 2021 6:07am
... 76.4% y/day's lo-hi move reached @ current dly lo...v bearish last 1hr close.

4hr below.
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Trader with an Edge.
  • #646,435
  • Dec 31, 2021 6:09am Dec 31, 2021 6:09am
Quoting W0lfram
Not very optimistic about it, weak supply{image}
close
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Air force
  • #646,436
  • Dec 31, 2021 6:12am Dec 31, 2021 6:12am
Finally some lower retracement on GU / pair lossing steam to make a new HH.
4 h, need to cross 13409 to break temp up trend.

Attached Image (click to enlarge)
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Similar situation on GJ, failled to make higher high, retracing lower.

OIL traying to break out too, one more LH left to cross before the dive.
4h
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Daily - lovely candles
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Anything can happen.

Trade safe!
  • #646,437
  • Dec 31, 2021 6:25am Dec 31, 2021 6:25am
... took a bounce @ that 3 fib cluster shown on my 4hr chart above. Bullish regular div 1 and 3min, o/s 5min/15min there too following downside break of the hours long 1hr consolidation.

1hr below.
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Trader with an Edge.
  • #646,438
  • Dec 31, 2021 6:45am Dec 31, 2021 6:45am
Quoting kuroro001
{quote} adding small short 3512 for 3450/70 tp
Inside tp area, done
COT: The precious data ignored
  • #646,439
  • Dec 31, 2021 6:48am Dec 31, 2021 6:48am
GU crossed below 15m 200MA and DPP. Short at 13488 targeting DS2 at 13425. SL 13505
  • #646,440
  • Dec 31, 2021 6:55am Dec 31, 2021 6:55am
Quoting stevepatt
{quote} GBP/USD Short Trade Triggered Stop 1.35090 Hit (-13) Pips Entry 1.34960 Target 1.34710 +25 Pips Stop 1.35090 (-13) Pips GBP/USD New Short Trade Entry 1.35100 Target 1.34850 +25 Pips Stop 1.35230 (-13) Pips {image}
GBP/USD Pending Short Trade

Entry 1.34960

Target 1.34710 +25 Pips

Stop 1.35090 (-13) Pips
Attached Image (click to enlarge)
Click to Enlarge Name: 31st Dec 21 GBP_USD_M30 Pending Short Trade20211231_12.51.png Size: 128 KB
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