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Cable Update (GBPUSD)

  • #653,281
  • Mar 8, 2022 1:09am Mar 8, 2022 1:09am
Ty mister goldi and good morning to you
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yes yes yes
  • #653,282
  • Mar 8, 2022 1:14am Mar 8, 2022 1:14am
Cable bulls failed to defend 1.31...

Those who bought at 1.3160 are caught with their pants down..
  • #653,283
  • Mar 8, 2022 1:15am Mar 8, 2022 1:15am
Quoting GilverTrader
Cable bulls failed to defend 1.31... Those who bought at 1.3160 are caught with their pants down..
I think for now bulls are finished. No hope. EU bulls are doing better.
  • #653,284
  • Edited 1:29am Mar 8, 2022 1:17am | Edited 1:29am
GBPUSD dropping at 1.3080 area... could be stop loss hunting before rising... let see...
  • #653,285
  • Mar 8, 2022 1:18am Mar 8, 2022 1:18am
Quoting Mitiblotch
{quote} I think for now bulls are finished. No hope. EU bulls are doing better.
Slightly, but remember, Euro bulls took one hell of a beating last week, so they are at fundamentally lower (buying) levels.

DXY still looks suspicious to me; it could still drop and lead to XXX/USD moving northwards.
  • #653,286
  • Mar 8, 2022 1:23am Mar 8, 2022 1:23am
Quoting GilverTrader
{quote} Slightly, but remember, Euro bulls took one hell of a beating last week, so they are at fundamentally lower (buying) levels. DXY still looks suspicious to me; it could still drop and lead to XXX/USD moving northwards.
Please take a look at the weekly chart. The real bounce point might be 2670 area. Hmm... the weekly chart is NOT good for bulls at all.
  • #653,287
  • Mar 8, 2022 1:29am Mar 8, 2022 1:29am
Quoting Mitiblotch
{quote} Please take a look at the weekly chart. The real bounce point might be 2670 area. Hmm... the weekly chart is NOT good for bulls at all.
expect bull action/retrace when London opens.
Intraday only.
  • #653,288
  • Mar 8, 2022 1:30am Mar 8, 2022 1:30am
Quoting Mitiblotch
{quote} Please take a look at the weekly chart. The real bounce point might be 2670 area. Hmm... the weekly chart is NOT good for bulls at all.
DXY wants to give up though. Let's see what happens.
  • #653,289
  • Mar 8, 2022 1:32am Mar 8, 2022 1:32am
Crooky false break
Dx mf , you shell not pass 99.305 mf
Stop trying
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yes yes yes
  • #653,290
  • Mar 8, 2022 1:35am Mar 8, 2022 1:35am
Quoting navk
{quote} expect bull action/retrace when London opens.
True. I expect a retrace on London. At least daily pivot is 3152. It can hit there and sink again. In fact, for price to rise after such fall it has to accumulate at the bottom. It will never shoot up from here just like that. Yesterday was a missed pivot and the rule with that is to wait for the pivot the following day and sell it again. Let's see how it goes.
  • #653,291
  • Mar 8, 2022 1:41am Mar 8, 2022 1:41am
A little retracement for the bull
  • #653,292
  • Mar 8, 2022 1:49am Mar 8, 2022 1:49am
Quoting Mitiblotch
{quote} True. I expect a retrace on London. At least daily pivot is 3152. It can hit there and sink again. In fact, for price to rise after such fall it has to accumulate at the bottom. It will never shoot up from here just like that. Yesterday was a missed pivot and the rule with that is to wait for the pivot the following day and sell it again. Let's see how it goes.
these price didnt show some bull power , its getting weak and more , so i prefer lock a while and see how 1.30500-1.30000 playout the last defender
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #653,293
  • Mar 8, 2022 1:50am Mar 8, 2022 1:50am
as you see on these last 3 day , price going down 100 pip with retrace 20-30 only , so power downward still very strong , will see if price going slowdown and take the hit
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #653,294
  • Mar 8, 2022 1:57am Mar 8, 2022 1:57am
Quoting kris89
as you see on these last 3 day , price going down 100 pip with retrace 20-30 only , so power downward still very strong , will see if price going slowdown and take the hit
Yeah.... when the buy comes there will be plenty of opportunity to enter. It will accumulate a lot before going up for real. Any 100 pip spike is fake. Real trend reversal takes time and lots of accumulation.
  • #653,295
  • Mar 8, 2022 1:57am Mar 8, 2022 1:57am
Wow ,you are really annoying
Drop allready mf
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yes yes yes
  • #653,296
  • Mar 8, 2022 2:08am Mar 8, 2022 2:08am
Quoting Mitiblotch
{quote} Yeah.... when the buy comes there will be plenty of opportunity to enter. It will accumulate a lot before going up for real. Any 100 pip spike is fake. Real trend reversal takes time and lots of accumulation.
Good analysis
Intraday only.
  • #653,297
  • Mar 8, 2022 2:11am Mar 8, 2022 2:11am
Quoting Mitiblotch
{quote} Yeah.... when the buy comes there will be plenty of opportunity to enter. It will accumulate a lot before going up for real. Any 100 pip spike is fake. Real trend reversal takes time and lots of accumulation.
AB=CD is complete , bull should be ready soon, yes that im seek accumulate before real move , but these pair i cant say much , these pair always have a sudden surprised attacking >.< ive release my locked sell and let my buy running
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #653,298
  • Mar 8, 2022 2:14am Mar 8, 2022 2:14am
Quoting GilverTrader
{quote} DXY wants to give up though. Let's see what happens.
Bam. Here it goes.
  • #653,299
  • Mar 8, 2022 2:14am Mar 8, 2022 2:14am
Quoting Moty
Wow ,you are really annoying Drop allready mf {image}
Ty mf
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yes yes yes
  • #653,300
  • Mar 8, 2022 2:15am Mar 8, 2022 2:15am
My today's target on cable is 1.318 goodluck
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