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Cable Update (GBPUSD)

  • #654,301
  • Mar 18, 2022 9:18am Mar 18, 2022 9:18am
... Great stuff Moty well done......stalling at confluence of 3 pot res factors...weak confluence though?

1hr below
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Trader with an Edge.
  • #654,302
  • Mar 18, 2022 9:22am Mar 18, 2022 9:22am
Done for the day support still active. Till next week
Keep the Lights on then you can catch the rise from the dark.
  • #654,303
  • Mar 18, 2022 9:23am Mar 18, 2022 9:23am
Gbpusd long 1.31500
  • #654,304
  • Mar 18, 2022 9:29am Mar 18, 2022 9:29am
Quoting Headland
... Great stuff Moty well done......stalling at confluence of 3 pot res factors...weak confluence though? 1hr below {image}
... wishing I'd gone full volume now lol! shoulda woulda coulda

1hr below
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Trader with an Edge.
  • #654,305
  • Mar 18, 2022 9:37am Mar 18, 2022 9:37am
...didn't notice in real-time but there was 15min bullish regular div supporting the 1min reg bull div and 5min o/s set-ups. A bullish Exp Tri has developed on that t/f...looking for pt 5 now which if it develops as such will be a fib retrace or ext of move 3-4.

15min below.
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Trader with an Edge.
  • #654,306
  • Mar 18, 2022 9:55am Mar 18, 2022 9:55am
We are Going back to yesterday's high. Next 1.328 and subsequently 1.34.. 1hr last 3 candles fantastic candles
  • #654,307
  • Mar 18, 2022 10:07am Mar 18, 2022 10:07am
Quoting Headland
...didn't notice in real-time but there was 15min bullish regular div supporting the 1min reg bull div and 5min o/s set-ups. A bullish Exp Tri has developed on that t/f...looking for pt 5 now which if it develops as such will be a fib retrace or ext of move 3-4. 15min below. {image}

... pt 5 came at pot rbs = pt 2. trigger for me was the 14:30pm gmt 15min doji close @ 14:45pm gmt. Could have dropped down to 5, 3 or 1min for a better entry but decided on waiting for 15min signal. The exp tri also existed on 30min...pt 5 entry target is ordinarily a fib ext of move 4-5 but I just scalped 5min pips only and closed as want to finish for the day/week. Busy day/week but good.

15min below
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Trader with an Edge.
  • #654,308
  • Mar 18, 2022 10:11am Mar 18, 2022 10:11am
buy - 1.3153

sl - 1.3126
Together we can be strongest
Vantage Return This Month: na
  • #654,309
  • Mar 18, 2022 10:15am Mar 18, 2022 10:15am
Retest of 1.31240 not completely ruled out before any possible up move.
Keep the Lights on then you can catch the rise from the dark.
  • #654,310
  • Mar 18, 2022 10:26am Mar 18, 2022 10:26am
Maybe a possible ABCD pattern. I am still holding shorts until 1.3079ish.
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Lost....
  • #654,311
  • Mar 18, 2022 10:38am Mar 18, 2022 10:38am
..these are the fib ext of move 4-5 targets for the pt 5 entry of that bullish exp tri on 15min/30min

15min below

..final look @ 1hr chart

Have a good w/e.

1hr below
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Trader with an Edge.
  • #654,312
  • Mar 18, 2022 10:46am Mar 18, 2022 10:46am
Quoting Wavegarrick
{quote} Getting nice buy confirmation signals and rejection from 1.31000 with a 4 hr close above 1.3150. Anyway, I am done with buy trades from this area. Take care, Cheers. {image}
Zooming in on the hour time frame. Little trend line break. My buy trades still stand. I hope we can get some momentum now. A break and hold above 1.3220 remain crux for me.
Have great weekend Folks.
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Trade to trade another day
  • #654,313
  • Mar 18, 2022 10:49am Mar 18, 2022 10:49am
Quoting kris89
{quote} I just buy it @1.3110 Reason daily tweezee + daily candle formation also H4 pattern double bottom
So far so good
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #654,314
  • Mar 18, 2022 10:50am Mar 18, 2022 10:50am
all eyes on how the next h4 opens
10min
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #654,315
  • Mar 18, 2022 10:55am Mar 18, 2022 10:55am
Quoting palpite
buy - 1.3153 sl - 1.3126
target = MA200 - H4 or level 100% pivot daily
Together we can be strongest
Vantage Return This Month: na
  • #654,316
  • Mar 18, 2022 11:21am Mar 18, 2022 11:21am
break !
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #654,317
  • Mar 18, 2022 11:24am Mar 18, 2022 11:24am
1.32700 today for me is enough.

Will seek more buy later in next week if 1.32700 hitted today.
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #654,318
  • Mar 18, 2022 11:27am Mar 18, 2022 11:27am
Quoting kris89
1.32700 today for me is enough. Will seek more buy later in next week if 1.32700 hitted today.
1.327? Today?
  • #654,319
  • Mar 18, 2022 11:52am Mar 18, 2022 11:52am
Quoting Nd10
{quote} 1.327? Today?
Why?
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #654,320
  • Mar 18, 2022 12:10pm Mar 18, 2022 12:10pm
Quoting kris89
{quote} Why?
I'm asking you. By this time, we may see 1.327? Extra 80 pips? How possible please
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