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Cable Update (GBPUSD)

  • #649,221
  • Jan 23, 2022 3:51pm Jan 23, 2022 3:51pm
Quoting Robinhood1
{quote} Hi WG. Completed my method. Eurgbp has surely found reversal around 8301. Will be up for some weeks. {image}
I have the same thing..

Quoting Jolita
{quote} You can trade if you are professional account holder or via exchange, also an option via broker registered outside UK, CFD trading.
They spike like crazy gl when I saw cad spike 2000 points and on 3 of my charts from different sources where in the opposite direction be careful
  • #649,222
  • Jan 23, 2022 3:52pm Jan 23, 2022 3:52pm
GBPUSD market operation is bearish. Price action on the daily time frame is bearish after retesting the 1.37360/1.38250 daily supply zone (red) seven days ago. The area is nestled in the 1.37170/1.38250 weekly supply zone. Presently, price action is tackling a horizontal support at the 1.35500 area. As the technical structure still favours bears, any bullish reaction would be for liquidity grab and would give way to a bearish continuation.

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)
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Do your homework, follow the footprints of smart money
  • #649,223
  • Jan 23, 2022 3:55pm Jan 23, 2022 3:55pm
Quoting OnlineAddict
{quote} I don't even think they will raise rates 3 or more times this year, as they claim. But whatever happens, stock market is going up for how long, 100 years? Every dip was bought and made a new high...we don't need to reinvent the wheel here.
Yes totally agree the market(s) will certainly do that very thing assisted with the devaluation of the vaious FIAT units they are calculated in.
The elites think we are stupid. They are in the main quite correct.
  • #649,224
  • Jan 23, 2022 4:11pm Jan 23, 2022 4:11pm
Quoting Isabella_D
GBPUSD D {image} 1 year {image} Everyone stay healthy and be successful
this is a mirror of the previous leg! time-wise likely will be similar. congrats on being the first brave to post a mirror time-wise & ~pip-wise opposite leg!
Maadik Hugiis. IQ 69.
  • #649,225
  • Jan 23, 2022 4:57pm Jan 23, 2022 4:57pm
Quoting KeenPips
GBPUSD market operation is bearish. Price action on the daily time frame is bearish after retesting the 1.37360/1.38250 daily supply zone (red) seven days ago. The area is nestled in the 1.37170/1.38250 weekly supply zone. Presently, price action is tackling a horizontal support at the 1.35500 area. As the technical structure still favours bears, any bullish reaction would be for liquidity grab and would give way to a bearish continuation. I may be wrong. Trade safe and prosper. KP {image}
Hi KP,
I really admire your posts. You post only once a week. With your recent posts, i would assume you are on sell GU. Anyways nice reading your posts. Wish to read more
  • #649,226
  • Jan 23, 2022 6:48pm Jan 23, 2022 6:48pm
Quoting KeenPips
GBPUSD market operation is bearish. Price action on the daily time frame is bearish after retesting the 1.37360/1.38250 daily supply zone (red) seven days ago. The area is nestled in the 1.37170/1.38250 weekly supply zone. Presently, price action is tackling a horizontal support at the 1.35500 area. As the technical structure still favours bears, any bullish reaction would be for liquidity grab and would give way to a bearish continuation. I may be wrong. Trade safe and prosper. KP {image}

I agree looks bearish to me as well
  • #649,227
  • Jan 23, 2022 8:06pm Jan 23, 2022 8:06pm
GBPUSD-H1 just turned positive, for how long, will not speculate on that
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  • #649,228
  • Jan 23, 2022 8:17pm Jan 23, 2022 8:17pm
today level to be watched , 1.3600 or 1.35400 it will guide us to where price going later

6 day more to close the monthly candle , as far we can see that candle could be possible close as Bullish , if it does , february will be a huge rally
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #649,229
  • Jan 23, 2022 9:52pm Jan 23, 2022 9:52pm
Quoting kris89
today level to be watched , 1.3600 or 1.35400 it will guide us to where price going later 6 day more to close the monthly candle , as far we can see that candle could be possible close as Bullish , if it does , february will be a huge rally
If we rally today. Max we reach will bw 1.36500 area where wicked held
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #649,230
  • Jan 23, 2022 11:24pm Jan 23, 2022 11:24pm
added buy @1.35530 SL 1.35430

we will get a fast climb when 1.35700 level break
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #649,231
  • Jan 24, 2022 12:00am Jan 24, 2022 12:00am
may stop before 3527 , say 3530 before a bounce try up for 3610. so waiting see how it reacts before any scalping !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #649,232
  • Jan 24, 2022 12:04am Jan 24, 2022 12:04am
long entry from 3532/30.
Intraday only.
  • #649,233
  • Jan 24, 2022 12:07am Jan 24, 2022 12:07am
Quoting kris89
added buy @1.35530 SL 1.35430 we will get a fast climb when 1.35700 level break
sl hitted , will see if any chance enter later
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #649,234
  • Jan 24, 2022 12:31am Jan 24, 2022 12:31am
new rule for tp , especially for Monday , tp will be place at daily r2,s2 or the adr low, high the closest from them
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yes yes yes
  • #649,235
  • Jan 24, 2022 12:37am Jan 24, 2022 12:37am
and supports are cumming...
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Trendlines H1,H4, SMC
  • #649,236
  • Jan 24, 2022 12:42am Jan 24, 2022 12:42am
Quoting trumps
Bears need a bearish daily close to get the green light to sink the bulls {image}
Selling rallies for a nice target below
Compulsions can be hard to resist
  • #649,237
  • Jan 24, 2022 12:49am Jan 24, 2022 12:49am
Quoting navk
long entry from 3532/30.
yes ,it can bounce from there
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yes yes yes
  • #649,238
  • Jan 24, 2022 1:14am Jan 24, 2022 1:14am
test buy @1.35360 SL 1.35200 , lets hope these worked out >.<

target 1.3600 1.3650
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #649,239
  • Jan 24, 2022 1:25am Jan 24, 2022 1:25am
Quoting mysterio
Hey cable update hope you're enjoying your weekends For GU I expect us to be bullish going into next week. We're on daily demand and approaching the highest volume nodes from the recent uptrend around 1.3530-40. I expect these prices to be touched then rally hard. IF those levels break, then it's an all out bear party so watch the price action carefully. Theres a reasonable chance the daily demand will be cleared because of the basing above the zone before the drive down (attached). In terms of futures volumes, the delta has been positive for a...
This first part done now scanning around here for buy
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  • #649,240
  • Jan 24, 2022 1:31am Jan 24, 2022 1:31am
still short pound by long EG
not euphoria follower
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