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Cable Update (GBP/USD) without Idiots 23 replies

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Cable Update (GBPUSD)

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Quoting Houtbay
Don’t get trapped in longs today. Trend is still down
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Smaller lots on the longs
Gold is retracing but trend still down
2560 tested , next waiting breaks up for 2580 and will wait a failure in between. anyway exaggerated after a while ,. usdx also given signal top failure with a breakout but not enough yet +

now usdx has a bull restart signal , wait for confirmation and go ! full crazy mode , care all
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Not understand?never follow my analyses!
Quoting fontu
2560 tested , next waiting breaks up for 2580 and will wait a failure in between. anyway exaggerated after a while ,. usdx also given signal top failure with a breakout but not enough yet + now usdx has a bull restart signal , wait for confirmation and go ! full crazy mode , care all {image}
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morning. 2577 is resistance foe me but it did break the tl regards
Dxy is fallng like hell, this mf is struck at 1.256, why is not going up?
at the top of a past high here break might go up quicker , or is it back to shorts ?? emas have crossed earlier on 5 mins note hammer candle
longs tp here , long order on the top short taken stop on the top on 5 min chart
Quoting IBabyTrader
Dxy is fallng like hell, this mf is struck at 1.256, why is not going up?
U.S. Dollar Index:
EURO 57.6%
JAPANESE YEN 13.6%
BRITISH POUND 11.9%
CANADIAN DOLLAR 9.1%
SWEDISH KRONA 4.2%
SWISS FRANC 3.6%

Pound is only 12%
G/M, price tested deeper into that dly pot supp zone to 2480 around that 61.8% 1410-4298 and the pullback from it has broken the 1hr/4hr falling wedge to the upside. The pullback has created a prev 1hr sw lo zone = prev supp = pot supp extending down to the current dly lo of 2491 = prev supp = popt supp, and this is coexistent with the former. (It may become a prev 4hr sw lo zone too depending on PA.)This and to the near-term south of that zone are as below.

2537-2511-2480 prev dly sw lo x 2 zone = prev supp = pot supp (incl 2512 = Mthly S3, 2498 = Dly S1 & 2495 = 61.8% 1410-4249)
2475 Wkly S3
2450 Dly S2
2399 Dly S3
2392 85.4% 2074-4249
2310-2293-2252 prev wkly sw lo/dly sw hi then lo zone -incl- 2253 = midpoint yrly pivot.

A 600pip (so far) edge of the cliff straight line fall from 3090, on the dly.)

1hr below.
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Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
fib numbers incase this is pull back ,,23% 2550,,,,38% 2539 ,,,,,,50% 2529 ... 61.8 % 2520
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...to the near-term upside on 4hr is as below. There is also another fib (on my dly chart) just below tues's 2772 hi @ 2762.

The pullback from 2491 has pretty much equaled the previous longest p/back so far since that 3090 swing hi, (Ie that was 76pips, this [so far] is 79 pips.)

4hr below
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Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
Gbpusd long

entry: 1.25483
tp: 1.260133
sl: 1.253855

8 pips sl...
tp: 53 pips
Whatever it takes…
we have 10 and 20 ema cross on all times upto 1 hour , so watch 5 min incase it crosses to the short side ,,this will take a bit of negotiating
STUDY IT
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Whatever it takes…
Not a short here by any standards and not today. My thoughts.
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
possible confirm now of breakout watch 2558 , right now fib the last 5 min up and down
The price could not be lower than 12500. Because of the range of monthly range that Georginson had said.
Let's see if it can go to 12475 or not.
I pray to rain of GOLD from the sky for you and me
Quoting RaHaG0D
The price could not be lower than 12500. Because of the range of monthly range that Georginson had said. Let's see if it can go to 12475 or not.
With the upper most respect to George and yourself,, never be influenced by other traders,, you must play your own trades ,,Regards E
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Watch 2525 are for confined break or false move up
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