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Cable Update (GBPUSD)

  • #658,341
  • May 6, 2022 10:39am May 6, 2022 10:39am
Quoting fxmasterdxb
{quote} For me this hour candle is decisive, if price fails to break through and close below or close to last hour candle then no more north and bears will attack according to what i see, price will break up and i started to load longs with tight stops
Price is staying too long close to 1.2380 without breaking, not the best situation for bulls, bears might attack now
  • #658,342
  • May 6, 2022 10:42am May 6, 2022 10:42am
Looking like price will take out June 2020 spike low around 1.225. A lot of missing price action, surely a deeper correction/reversal is due
  • #658,343
  • May 6, 2022 10:43am May 6, 2022 10:43am
Quoting Mitiblotch
{quote} I guess I missed it. If you have an idea where it is please point me to it.
Sorry, just got back. Let me check for you.
  • #658,344
  • May 6, 2022 10:52am May 6, 2022 10:52am
Quoting Jolita
{quote} Sorry, just got back. Let me check for you.
Mitiblotch, here we go:

Quoting Kimmymore
{quote} Bro. That's a bad signal for us to see. It make the price going down. {image}
Quoting Kimmymore
{quote} @Mitiblotch : Start : I designed a Zig Zag indi, it's non repaint. You can view my main chart (GU H4). GU H4: ONLY SELL. OF COURSE, M1 : ONLY SELL. {image} {image}
  • #658,345
  • May 6, 2022 10:57am May 6, 2022 10:57am
Quoting fxmasterdxb
{quote} Agree with you, next potential stop for GU is 1.2205 to 1.2150
Cheers mate ! I don't know this follow through below such an important move is underwhelming, for now. Just in case, I have a new 1H pullback setup accepted, sell stop 23288.

Quoting Jolita
{quote} Oh, wow, colourful post only missing some tacos with guacamole Good shot.
Thanks a lot mate !!! I love me tacos especially with guacamole !!!! Trend has been a blessing these weeks indeed.

Wishing to all you good folks a peaceful weekend with your loved ones. Take good care now, Mtako
Attached Image (click to enlarge)
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #658,346
  • May 6, 2022 11:06am May 6, 2022 11:06am
Crooky mf building another shoulder
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yes yes yes
  • #658,347
  • May 6, 2022 11:08am May 6, 2022 11:08am
Quoting Jolita
{quote} Sorry, just got back. Let me check for you.
Thanks a lot; I am grateful. I have to quote him directly and appreciate him for the explanation.
  • #658,348
  • May 6, 2022 11:44am May 6, 2022 11:44am
Mates I smell a late Friday juggling bear special !!!
Attached Image (click to enlarge)
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #658,349
  • May 6, 2022 12:08pm May 6, 2022 12:08pm
Quoting fxmasterdxb
{quote} Price is staying too long close to 1.2380 without breaking, not the best situation for bulls, bears might attack now
As expected, lets see where the day closes, if it closes below 1.2325 then bears might be in control early next week
  • #658,350
  • May 6, 2022 12:20pm May 6, 2022 12:20pm
Quoting thomi
{quote} s'arrête au point d'entrée, ne peut plus perdre. cible 1.2392 {image}
stop hit
  • #658,351
  • May 6, 2022 12:50pm May 6, 2022 12:50pm
Look who showed up in the last minutes of the day! Bulls with their full power pushing the price so hard! If day closes above 1.2355-60 would be really great for bulls
  • #658,352
  • May 6, 2022 12:59pm May 6, 2022 12:59pm
Quoting fxmasterdxb
Look who showed up in the last minutes of the day! Bulls with their full power pushing the price so hard! If day closes above 1.2355-60 would be really great for bulls
Love those Friday surprises!
Attached Image
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #658,353
  • May 6, 2022 1:09pm May 6, 2022 1:09pm
Quoting mtako
{quote} Love those Friday surprises! {image}
Failed attempt
  • #658,354
  • May 6, 2022 1:19pm May 6, 2022 1:19pm
Quoting fxmasterdxb
{quote} Failed attempt
Same old same old Maybe even their dying breath instead .
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #658,355
  • May 6, 2022 1:59pm May 6, 2022 1:59pm
Was definitely a pipmaker this week!
  • #658,356
  • May 6, 2022 2:50pm May 6, 2022 2:50pm
Some liquidity has gone MIA above here
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Compulsions can be hard to resist
  • #658,357
  • May 6, 2022 3:21pm May 6, 2022 3:21pm
Inserted Video
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Compulsions can be hard to resist
  • #658,358
  • May 6, 2022 5:33pm May 6, 2022 5:33pm
Looking for a bullish drive possibly as high as 1.25 although will TP before then. Then, resume selling
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  • #658,359
  • May 6, 2022 11:47pm May 6, 2022 11:47pm
consolidation
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yes yes yes
  • #658,360
  • Edited 1:31am May 7, 2022 12:51am | Edited 1:31am
They designed their game.

We have to accept so we're playing their game.


GU BUY : DON'T WORRY.

GU > 1.275XX & GU WILL HIT 1.29650.
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