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Cable Update (GBPUSD)

  • #657,341
  • Apr 27, 2022 9:13am Apr 27, 2022 9:13am
Quoting ScalaFX
{quote} Already 20 pips so SL BE+, I like this way, when hit I will be buying deeper, maybe 1.24
Uujeeee nice entry at nice level
People don't plan to lose. They lose because they don't plan.
  • #657,342
  • Apr 27, 2022 9:14am Apr 27, 2022 9:14am
Quoting Moty
The twin brothers {image}
yea the twin brothers who are getting bullied by the dollar index
  • #657,343
  • Apr 27, 2022 9:24am Apr 27, 2022 9:24am
It looks more likely just an intraday pullback, shaping "new" R on cluster 1.2557/75. Strong sell still intact on larger TFs
chaos is just unknown order
  • #657,344
  • Apr 27, 2022 9:30am Apr 27, 2022 9:30am
When h4 close like that in my opinion that will be strong signal to reverse trend for a while, I could be wrong too
People don't plan to lose. They lose because they don't plan.
  • #657,345
  • Apr 27, 2022 9:31am Apr 27, 2022 9:31am
If we see a close above 12575 bulls should take over shooort term
average dude treading water
  • #657,346
  • Apr 27, 2022 9:39am Apr 27, 2022 9:39am
Quoting Luxyus
It looks more likely just an intraday pullback, shaping "new" R on cluster 1.2557/75. Strong sell still intact on larger TFs
yes it is buddy, DXY as not change course as yet. she`s just resting right now.
  • #657,347
  • Apr 27, 2022 9:42am Apr 27, 2022 9:42am
Back on a 61.8 fib on the 5 min, this will be the thrid retrace on the 5 min after hitting a lowerr low, lets see wht happens now ,,if it works out then 2450 the target since sept last year when i posted it
  • #657,348
  • Apr 27, 2022 10:02am Apr 27, 2022 10:02am
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thinking about it close a b short if price goes under and closers on that ema
  • #657,349
  • Apr 27, 2022 10:03am Apr 27, 2022 10:03am
usdx bull intact and healthy , about to burst up perhaps ! take care
eu price above 0561 be enough to tank next lows ! first towards previous low 0514 !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #657,350
  • Apr 27, 2022 10:08am Apr 27, 2022 10:08am
2868 woul be a good target number if,,,if it starts printing highs
  • #657,351
  • Apr 27, 2022 10:12am Apr 27, 2022 10:12am
Quoting Nd10
Don Friday. Your 1.25 is here.. Good to buy or slightly lower (+ or - 50 pips) and target 1.31 - 1.32 in the first instance


i am already in buy bro


i am targetting 1.2750 for now i want to see price attack 1.25 toward 1.22

a target of 1.35 will be determined by the rejection of 1.25 area.

we are still in Q2 1.22 is possible while i expect Q2 to offer us the low of 2022

1.35 by Q3 2023 Q2 1.4


just my technical viewpoint, i have no knowledge of what fundamental outcome would be..
MY OPINION NOT FINANCIAL ADVISE
  • #657,352
  • Apr 27, 2022 10:21am Apr 27, 2022 10:21am
Quoting pipibrasci
BXY likely to retrace from here. Quasimodo H3. TF But not sure against the DXY as i still expect 1.2490 to be taken out but maybe against the Yen, AUD. GBPUSD DI candle likely to end in a doji afterwards. {image}
D1 candle close as predicted (Doji) and if it still remains same and price sits above 1.2550/1.2575 could lead to some retracement & aggressive buys to 1.2740 -1.2830 in the short/near term. Descending triangle pattern target met.

Keeping a close eye on the DXY H12 TF.
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Grit; Knowledge; Right Mindset; All you need to overcome. KIS!
  • #657,353
  • Apr 27, 2022 10:34am Apr 27, 2022 10:34am
From the 22nd of april til today, as long as the heikin ashi color on 4H remained red, you would have made money always selling above value on a lower timeframe:

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  • #657,354
  • Apr 27, 2022 10:34am Apr 27, 2022 10:34am
RSI is oversold value 14.11

1.2750 in May ?


time over time everything will be clear
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MY OPINION NOT FINANCIAL ADVISE
  • #657,355
  • Apr 27, 2022 10:35am Apr 27, 2022 10:35am
Quoting donfriday
RSI is oversold value 14.11 1.2750 in May ? {image}
1.30 - 1.3150 in May... Same Candle size as this April.
Data + Stat + Risk/Emotions Management
  • #657,356
  • Apr 27, 2022 10:41am Apr 27, 2022 10:41am
Quoting Georginson
{quote} 1.30 - 1.3150 in May... Same Candle size as this April.


you think the down side is over from 1.25?

i am waiting for 1.27 to get broken first but i agreed to 1.30 just the time i have seem different
MY OPINION NOT FINANCIAL ADVISE
  • #657,357
  • Apr 27, 2022 10:52am Apr 27, 2022 10:52am
Quoting Wavegarrick
{quote} Anyway Folks, Had my stop taken out. From a weekly perspective we are at a very crucial level with the 61.8% fib retrace at 1.24939 of the year and some up trend from March 2020 to June 2021. So far, price stopped just short of 1.25000 and I suspect another push down towards 1.24939 where I could look for more buy trades. The reason I am taking this buy trade is that weekly reversals tend to occur on Wednesday's/Thursday's. I could be wrong and it is always advisable to wait[/highlight]...
I agree, I guess it's wise to wait to see what the USD Index does at this crucial level. It looks like an obvious place to turn around but, we'll see.
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  • #657,358
  • Apr 27, 2022 10:53am Apr 27, 2022 10:53am
Quoting donfriday
{quote} i am already in buy bro i am targetting 1.2750 for now i want to see price attack 1.25 toward 1.22 a target of 1.35 will be determined by the rejection of 1.25 area. we are still in Q2 1.22 is possible while i expect Q2 to offer us the low of 2022 1.35 by Q3 2023 Q2 1.4 just my technical viewpoint, i have no knowledge of what fundamental outcome would be..
Weldone bro
  • #657,359
  • Apr 27, 2022 11:14am Apr 27, 2022 11:14am
Surprise 1H double pullback trend setup, Sell stop 2553
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #657,360
  • Apr 27, 2022 11:27am Apr 27, 2022 11:27am
Quoting donfriday
{quote} you think the down side is over from 1.25? i am waiting for 1.27 to get broken first but i agreed to 1.30 just the time i have seem different
The downside will be limited to 1.2450 / 1.2475 then an uninterrupted bounce to 1.30 - 1.31 in May. First sign of uninterrupted bounce will be when price takes off from the low by at least 120 pips and start forming higher lows on 15 minutes time frame.
Data + Stat + Risk/Emotions Management
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