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Cable Update (GBPUSD)

  • #654,941
  • Mar 27, 2022 4:39pm Mar 27, 2022 4:39pm
Last week Tuesday, GBPUSD price action on the daily time frame made a 61.8 bullish retracement of the 1.34180/1.30000 downward swing, and then disposed bearish. Presently it is sideways, but the technical structure and order flow favour bears more than bulls.

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
  • #654,942
  • Mar 27, 2022 4:51pm Mar 27, 2022 4:51pm
A quick look before starting work.
A pattern retest I was considering many months ago may have materialised (particularly on the weekly).
In confluence with a monthly candle reaction zone and 1.3 BRN
I must admit though, it it still looks tricky.

Have a great week.
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Compulsions can be hard to resist
  • #654,943
  • Mar 27, 2022 6:39pm Mar 27, 2022 6:39pm
Quoting kris89
My little View of next week possible as Daily Candle Close above the Area {image}{image}
First buy of today @1.31700 as my trade plan
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #654,944
  • Mar 27, 2022 8:03pm Mar 27, 2022 8:03pm
Quoting kris89
{quote} First buy of today @1.31700 as my trade plan
If 1.31400 breach ill switch to short and follow the wave
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #654,945
  • Mar 27, 2022 8:22pm Mar 27, 2022 8:22pm
two gaps above on the gbp
people leave, but this thread will go on for ever
  • #654,946
  • Mar 27, 2022 9:58pm Mar 27, 2022 9:58pm
Quoting Whale
{quote} Stopped out renew 1.3217 short
SL on 1.319, +27 pips.
tp 1.3085
  • #654,947
  • Mar 27, 2022 10:22pm Mar 27, 2022 10:22pm
Quoting kris89
{quote} First buy of today @1.31700 as my trade plan
switch to sell as price playing below 1.31700

sell @1.31570 SL 1.31700
TP max 1.30800
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #654,948
  • Mar 27, 2022 10:51pm Mar 27, 2022 10:51pm
ok friend open a sell position,
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  • #654,949
  • Mar 27, 2022 11:04pm Mar 27, 2022 11:04pm
Quoting Wongkampoeng
ok friend open a sell position, {image}
now im exit my sell and watching the price doing trick , buy @1.31480 sl 1.31380
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #654,950
  • Edited 11:19pm Mar 27, 2022 11:06pm | Edited 11:19pm
Quoting Wongkampoeng
ok friend open a sell position, {image}
Wish get more pips! Likely test smooth next 3119 and go target 3041 areas. Take care
Usdx already over 99.06, daily close most possible over 99.13 and 99.29 confirmation. Now price 99.162
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #654,951
  • Mar 27, 2022 11:37pm Mar 27, 2022 11:37pm
Quoting kris89
{quote} now im exit my sell and watching the price doing trick , buy @1.31480 sl 1.31380
sell stop put on my SL 1.31380 , lets see price going where
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #654,952
  • Mar 28, 2022 12:36am Mar 28, 2022 12:36am
Quoting kris89
{quote} sell stop put on my SL 1.31380 , lets see price going where
just checked calender bailey speak today , and we have NFP these week , and DXY showing no mercy , and power of currecy GBP is very weak , ill watching the playover to buy more lower
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #654,953
  • Mar 28, 2022 1:20am Mar 28, 2022 1:20am
3130 to 3150.. OR 3160 then drop again.

IMO
Intraday only.
  • #654,954
  • Edited 1:36am Mar 28, 2022 1:25am | Edited 1:36am
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yes yes yes
  • #654,955
  • Mar 28, 2022 1:29am Mar 28, 2022 1:29am
Quoting navk
3130 to 3150.. OR 3160 then drop again. IMO
for today ill scalp in out with 10-20 pip for safety

in sell side , price in preasure , but no sign of bull side also , price trapped inside , and maybe we can see a LQ Grab during LO till NYO later

wanna call these break out but the power doesnt show it yet , and crawling price
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #654,956
  • Mar 28, 2022 1:49am Mar 28, 2022 1:49am
Quoting kris89
{quote} for today ill scalp in out with 10-20 pip for safety in sell side , price in preasure , but no sign of bull side also , price trapped inside , and maybe we can see a LQ Grab during LO till NYO later wanna call these break out but the power doesnt show it yet , and crawling price
sell fib50 @1.31485 testing the ceiling
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #654,957
  • Mar 28, 2022 1:54am Mar 28, 2022 1:54am
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yes yes yes
  • #654,958
  • Mar 28, 2022 1:59am Mar 28, 2022 1:59am
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"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #654,959
  • Mar 28, 2022 2:00am Mar 28, 2022 2:00am
this im talking about , LO start the LQ grab
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #654,960
  • Mar 28, 2022 2:03am Mar 28, 2022 2:03am
Quoting navk
3130 to 3150.. OR 3160 then drop again. IMO
added sell 3160 >.<
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
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