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Cable Update (GBPUSD)

  • #648,541
  • Jan 17, 2022 6:41am Jan 17, 2022 6:41am
Quoting Szakhele719
A violation of an upward trendline and the retest upon it, it will mean a lot to me for shorting the cable as far as I'm concerned {image}
no way
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #648,542
  • Jan 17, 2022 6:46am Jan 17, 2022 6:46am
Quoting Bakker
{quote} Too early to judge, need more daily candles to show some formation of some kind. Without formation its useless.
My system don't need formation of any kind
COT: The precious data ignored
  • #648,543
  • Jan 17, 2022 6:55am Jan 17, 2022 6:55am
Quoting Bones
{quote} no way
It might not be the exact point, but eventually it will give me what I need which is a shorting position.
  • #648,544
  • Jan 17, 2022 7:16am Jan 17, 2022 7:16am
Tp 1.36350
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yes yes yes
  • #648,545
  • Jan 17, 2022 7:21am Jan 17, 2022 7:21am
look like someone is trying to correct 13600 crazyness but i think is going to fail
POSTMASTER
  • #648,546
  • Jan 17, 2022 7:27am Jan 17, 2022 7:27am
Quoting Robinhood1
Thinking logically (my logic), 13635 is 13840īs pullback as 13403 is 13600īs pullback. There were no pullback from 13600 and we did not reach 13840. I am curious to see what happens at 13635 if it reaches ofcourse
If around 13635 which is now holds i beleuive its reversal is around 13770 and finito
POSTMASTER
  • #648,547
  • Jan 17, 2022 7:32am Jan 17, 2022 7:32am
Quoting donfriday
Hidden bullish div on 1hr of the previous swings expecting a little drop looking for classic divergence {image}
Classic Bullish Divergence not confirmed

place pending order buy @ 1.3660
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MY OPINION NOT FINANCIAL ADVISE
  • #648,548
  • Jan 17, 2022 7:34am Jan 17, 2022 7:34am
Some shorts closed and up towards 13770 i am going

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POSTMASTER
  • #648,549
  • Jan 17, 2022 7:38am Jan 17, 2022 7:38am
Quoting Szakhele719
A violation of an upward trendline and the retest upon it, it will mean a lot to me for shorting the cable as far as I'm concerned {image}
Or...from the bigger picture, broken TL now will act as a support...who knows?
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Always trade your own plan...I don't provide trading signals.
  • #648,550
  • Jan 17, 2022 7:39am Jan 17, 2022 7:39am
Quoting donfriday
{quote} Classic Bullish Divergence not confirmed place pending order buy @ 1.3660 {image}
maybe good for scalping, looks like price will test 1.353 at least- this is currently 4h Last LH.
  • #648,551
  • Jan 17, 2022 7:43am Jan 17, 2022 7:43am
Quoting Coreg2004
{quote} Or...from the bigger picture, broken TL now will act as a support...who knows? {image}
You could be right because it seems UC has run out of steam and now busy with a correctional upward move on its way down.
  • #648,552
  • Jan 17, 2022 7:47am Jan 17, 2022 7:47am
Inserted Video
POSTMASTER
  • #648,553
  • Jan 17, 2022 7:51am Jan 17, 2022 7:51am
Quoting Whale
{quote} maybe good for scalping, looks like price will test 1.353 at least- this is currently 4h Last LH.

1.3530 is below the yearly open that often get tested in other quarter



as price remain above the yearly open its a buy at least for 1 quarter
MY OPINION NOT FINANCIAL ADVISE
  • #648,554
  • Jan 17, 2022 7:57am Jan 17, 2022 7:57am
On Dec 19 Cable turned back after touching huge support at 38.2 fib on daily. Currently pulling back in wave 4 to soon resume the uptrend with wave 5 (E) as Investing.com has indicated.
  • #648,555
  • Jan 17, 2022 8:33am Jan 17, 2022 8:33am
next sr 3619 , limit watch 3597. take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #648,556
  • Jan 17, 2022 8:39am Jan 17, 2022 8:39am
Quoting navk
The price unlikely to go above 3710/15 for a drop to 3640 or below on Monday.
Intraday only.
  • #648,557
  • Jan 17, 2022 9:05am Jan 17, 2022 9:05am
Quoting Wavegarrick
{quote} Hi Guys, I am in with some sell trades from 1.36857 with 35 pip stop losses. I am getting short confirmation signals from a 4 hr perspective. My weekly pivot at 1.36512 is an attractive first target at this point. Have a great week, Cheers. {image}
1.36611 short trade added
Cheers.
Trade to trade another day
  • #648,558
  • Jan 17, 2022 9:14am Jan 17, 2022 9:14am
at this point I shall not trade it at all, up or down, need more bars.
  • #648,559
  • Jan 17, 2022 9:21am Jan 17, 2022 9:21am
Quoting Bakker
at this point I shall not trade it at all, up or down, need more bars.
Bars are restricted where i live no matter how many
POSTMASTER
  • #648,560
  • Edited 10:07am Jan 17, 2022 9:45am | Edited 10:07am
it's better to look for small tp on Monday
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yes yes yes
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