Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#649,521
Jan 26, 2022 2:16am Jan 26, 2022 2:16am

kris89
Joined Mar 2021 | Status: Crazy Frog | 3,775 Posts

Quoting kris89

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{image}

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if bounce from there 6.18 level , could be strong enough to bring 1.3600 lvel

"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"

#649,522
Jan 26, 2022 2:20am Jan 26, 2022 2:20am

Nd10
Joined Mar 2019 | Status: Trader | 1,374 Posts

Quoting mysterio

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{quote} I think it will hit 97, possibly tomorrow night {quote} You're a DXY bull aren't you ? I think this is your time to shine

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Yes I'm Dxy full bullish.

#649,523
Jan 26, 2022 2:34am Jan 26, 2022 2:34am

Georginson
Joined Aug 2018 | Status: Research Analyst | 4,295 Posts

Quoting nAVIN2007

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{quote} it is about using my edge..to me if we go back up to 1.36 the month close will be bullish, means more up.. staying where we are now..means next month downside risk. For an edge I use candlestick patterns, trendlines and follow the direction of what I believe is the main trend..and I feel it is down..only because I expect USD to rally. Tony was spot on when he said some traders are just blindly buying USD..that's exactly what I have been doing since 1.42 so I have direction of main move monthly..down, weekly down fighting this is counter..can...

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1.3528 is a very critical zone... The only way bulls can wrestle this fight back in their favour is to close above 1.3528 this week otherwise bears will set an aggressive attack to 1.3293 - 1.3300 within days.

Data + Stat + Risk/Emotions Management

#649,524
Jan 26, 2022 2:51am Jan 26, 2022 2:51am

Robinhood1
Joined Dec 2011 | Status: Postmaster | 11,928 Posts

Quoting holaralph78

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{quote} Are you for real. Please how is that possible? Because such downward movement will affect lots of people though such area is a viable area to buy

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Its my analysis, i may be wrong. where it is now has already affected lots of people considering that the mayority normally buy or sell at tops and bottoms like flies to shit, its a natural instinct of stupidity that we humans possess.

In my opinion 51985 was the pullback to the downside. I beleive swings are made of 4 movements: low, high, pullback and top no matter how many Elliott waves stand in between and viceversa if we start the other way round from a top.

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POSTMASTER

#649,525
Jan 26, 2022 2:57am Jan 26, 2022 2:57am

Robinhood1
Joined Dec 2011 | Status: Postmaster | 11,928 Posts

Quoting Robinhood1

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{quote} Its my analysis, i may be wrong. where it is now has already affected lots of people considering that the mayority normally buy or sell at tops and bottoms like flies to shit, its a natural instinct of stupidity that we humans possess. In my opinion 51985 was the pullback to the downside. I beleive swings are made of 4 movements: low, high, pullback and top no matter how many Elliott waves stand in between and viceversa if we start the other way round from a top. {image}

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GU: Possible 4 movement

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#649,526
Jan 26, 2022 2:58am Jan 26, 2022 2:58am

fontu
Joined Mar 2008 | Status: Name real with real own way | 23,418 Posts

Quoting Nd10

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{quote} Yes I'm Dxy full bullish.

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ok but not in straight line . take care

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Not understand?better not follow my analyses!doubt clearer first, risks ++

#649,527
Jan 26, 2022 3:00am Jan 26, 2022 3:00am

nAVIN2007
Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts

Quoting Georginson

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{quote} 1.3528 is a very critical zone... The only way bulls can wrestle this fight back in their favour is to close above 1.3528 this week otherwise bears will set an aggressive attack to 1.3293 - 1.3300 within days.

Ignored

Agreed...completely