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Cable Update (GBPUSD)

  • #651,721
  • Feb 11, 2022 12:26am Feb 11, 2022 12:26am
Quoting kris89
ive exit my long position a while, in formation price , could go more lower before LO and taken LQ below .. ill wait for a good entry
buyback
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #651,722
  • Feb 11, 2022 12:36am Feb 11, 2022 12:36am
Quoting mysterio
{quote} Just bought managing carefully, if it drops i'll take it out and try lower-- stops go to BE shortly TP open for now {image}
out, waiting for lower
  • #651,723
  • Feb 11, 2022 12:38am Feb 11, 2022 12:38am
exit also , i will see round number 1.35000
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #651,724
  • Edited 12:52am Feb 11, 2022 12:41am | Edited 12:52am
... current 1hr below. Potential falling wedge on this t/f.

50% 3393-3644 and wkly/mthly pivots @ the current dly lo in that prev 1hr x2 /4hr x2 sw lo zone. 85.4% 3490-3644 @ 3512 and this begins a cluster of the 4 things up to 3517. 3501 = 50% of the total recent 3359-3644 rise. 61.8% 3393-3644 @ 3488.
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Trader with an Edge.
  • #651,725
  • Feb 11, 2022 12:47am Feb 11, 2022 12:47am
Quoting kris89
exit also , i will see round number 1.35000
1.35150 try a little , if pattern support will add more , price give a dribbring
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #651,726
  • Feb 11, 2022 12:53am Feb 11, 2022 12:53am
Gbpusd is currently selling downwards, will buy back at the bottom of the weekly candle which is 1.34900
  • #651,727
  • Feb 11, 2022 12:57am Feb 11, 2022 12:57am
... 2hr expanding triangle now ...where will pt 5 form? Ideally @ a fib ext of move 3-4.

2hr below
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Trader with an Edge.
  • #651,728
  • Feb 11, 2022 12:59am Feb 11, 2022 12:59am
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if price keep above that blue line , we sure can see a good movement
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #651,729
  • Feb 11, 2022 1:04am Feb 11, 2022 1:04am
... a bit of a mixed bag of Uk data released...market unsure currently?
Trader with an Edge.
  • #651,730
  • Feb 11, 2022 1:15am Feb 11, 2022 1:15am
I'm long from 3518. See if I can get 3560.
  • #651,731
  • Feb 11, 2022 1:15am Feb 11, 2022 1:15am
...just touched top of that prev 4hr/minor dly sw lo zone to 3490 @ current dly lo....zones layered down to that # on 1hr including the 1hr part of that one. Dly S1 circa 3508 and 50% 3359-3644 in there too @ 3501. 1hr (or more accurately 30min) falling wedge top breached to upside now.

4hr below.
Attached Image
Trader with an Edge.
  • #651,732
  • Feb 11, 2022 1:19am Feb 11, 2022 1:19am
Quoting Mitiblotch
I'm long from 3518. See if I can get 3560.
G/L mate, 1st hurdle on 4hr is that prev sw lo zone = prev supp = potential sbr to circa 3546....just touched bottom of it @ current pullback hi. 3563 is 38.2% of the fall from y/day's hi.
Trader with an Edge.
  • #651,733
  • Feb 11, 2022 1:19am Feb 11, 2022 1:19am
Quoting Robinhood1
{quote} 13614 replaces 13590 once it goes above 13700. I may be wrong. aprox
supports did not work out well yet but lets drive to 13750
POSTMASTER
  • #651,734
  • Feb 11, 2022 1:24am Feb 11, 2022 1:24am
...currently a repeating pattern of regular bullish div on 15/30min @ current dly lo.

...potential for 15/30min bearish hidden div to develop so long as price stays below 3555. 23.6% of y/day hi - today's current lo @ 3544.
Trader with an Edge.
  • #651,735
  • Feb 11, 2022 1:46am Feb 11, 2022 1:46am
H4 200 ema will support that mf
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yes yes yes
  • #651,736
  • Feb 11, 2022 1:57am Feb 11, 2022 1:57am
Quoting mysterio
{quote} out, waiting for lower
Got in at weekly pivot, absorption on footprint and some confluences

Asia high seems good target, already taken off a portion
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  • #651,737
  • Feb 11, 2022 2:05am Feb 11, 2022 2:05am
Quoting mysterio
{quote} Got in at weekly pivot, absorption on footprint and some confluences Asia high seems good target, already taken off a portion {image}
me exit already , there is not a good feeling about this up , not even have power , should carrier some below LQ , will wait lower again
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #651,738
  • Feb 11, 2022 2:07am Feb 11, 2022 2:07am
...nice drop from the prev 4hr sw lo zone = prev supp = pot sbr @ that 23.6% of the fall from y/day's 3644 hi...also pt 4 potential of a 15/30 exp triangle so was watching for that.

4hr below.
Attached Image
Trader with an Edge.
  • #651,739
  • Feb 11, 2022 2:09am Feb 11, 2022 2:09am
Same as gold pa. May retract to 3554 + to continue bear
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #651,740
  • Feb 11, 2022 2:15am Feb 11, 2022 2:15am
Quoting kris89
{quote} me exit already , there is not a good feeling about this up , not even have power , should carrier some below LQ , will wait lower again
It will get up bro no worries
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