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Cable Update (GBPUSD)

  • #662,221
  • Jun 7, 2022 2:48am Jun 7, 2022 2:48am
this divergence on hourly need to complete i guess


CLASSIC DIVERGENCE BUILDUP
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MY OPINION NOT FINANCIAL ADVISE
  • #662,222
  • Jun 7, 2022 3:08am Jun 7, 2022 3:08am
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Bull flag on D1. May terminate around 1.255 -. 1.26. will watch the reaction there closely. If it doesn't break, we may yet see 1.24 - 1.235 which imo will pump up again and possibly break this time towards 1.30 wave 3
  • #662,223
  • Jun 7, 2022 3:08am Jun 7, 2022 3:08am
Quoting Whale
look like a spring + diverg no trading {image}
Good that you see 1.29 now
  • #662,224
  • Jun 7, 2022 3:10am Jun 7, 2022 3:10am
Quoting eyefeelsix
Level to watch {image}
sorry for the late, no blinking atm
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https://breakpullback.com
  • #662,225
  • Jun 7, 2022 3:11am Jun 7, 2022 3:11am
Quoting Nd10
{quote} Hope you v bought. If yes, where do you intend to Tp? Wonderful eyes you got
looks like I just got lucky. I have closed long at 1250. I will try to short again at 1.2510 - 1.2520 (SRF zone?)
  • #662,226
  • Jun 7, 2022 3:12am Jun 7, 2022 3:12am
Wooow what just happened? The pound shot through the roof?
Insane in the Brain..
  • #662,227
  • Jun 7, 2022 3:19am Jun 7, 2022 3:19am
booked +60
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  • #662,228
  • Jun 7, 2022 3:20am Jun 7, 2022 3:20am
Quoting BeeTogether
Wooow what just happened? The pound shot through the roof?

it didnt just happened the chart shows the bullish divergence but it happens faster than i thought
MY OPINION NOT FINANCIAL ADVISE
  • #662,229
  • Jun 7, 2022 3:22am Jun 7, 2022 3:22am


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  • #662,230
  • Jun 7, 2022 3:23am Jun 7, 2022 3:23am
...price reaches steepest 1hr desc t/line, wkly pivot ,and 50% 2630-2429, @ the current pullback hi of the day's current fall.

1hr below
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Trader with an Edge.
  • #662,231
  • Jun 7, 2022 3:32am Jun 7, 2022 3:32am
Quoting donfriday
{quote} it didnt just happened the chart shows the bullish divergence but it happens faster than i thought
this is why i trade the 5 minute TF, its faster to pick trades
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  • #662,232
  • Jun 7, 2022 3:36am Jun 7, 2022 3:36am
going long again, plenty of pips left on the table
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  • #662,233
  • Jun 7, 2022 3:43am Jun 7, 2022 3:43am
Nice action.
I’m observing 1.25065 if price opens above it on H1 Chart, Then the bulls are out to push the price upwards
My telegram: https://t.me/avidforex
  • #662,234
  • Jun 7, 2022 3:45am Jun 7, 2022 3:45am
Quoting samsha786
{quote} Hi Hoda Looks like you using some kind of Break of Structure indicator... is it free? If so, can you share? Thanks! Kind Regards, samsha786
Any Time Frame:
Support-Resistance+Trend Line+Fibonacci = NO LOSS System
Intraday Trading is an Art _ hoda
  • #662,235
  • Jun 7, 2022 3:51am Jun 7, 2022 3:51am
That spike gave me a handsome loss. Two trades, two losses. GJ short, hit my sL and then sank to TP. GU short and it spike hell.

Summary: bad day.
  • #662,236
  • Jun 7, 2022 3:55am Jun 7, 2022 3:55am
Quoting Mitiblotch
That spike gave me a handsome loss. Two trades, two losses. GJ short, hit my sL and then sank to TP. GU short and it spike hell. Summary: bad day.
I hear you. Stupidity I didn’t enter my SL on the system so currently still in a short but way out of my liking for the days loss. Will keep the short open though as we haven’t seen the 12380-12400 which looks like the bounce area for 127
Insane in the Brain..
  • #662,237
  • Jun 7, 2022 3:55am Jun 7, 2022 3:55am
...current dly hi is a potential pt.4 of an exp tri on 30min/1hr...scope for some 5min hidden bullish div whilst above 2468 but no real longer t/f 30min/1hr uptrend to enter after such a pullback, but you may get a pt.5 long out re that longer t/f exp tri.

1hr below
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Trader with an Edge.
  • #662,238
  • Jun 7, 2022 3:59am Jun 7, 2022 3:59am
Quoting BeeTogether
{quote} I hear you. Stupidity I didn’t enter my SL on the system so currently still in a short but way out of my liking for the days loss. Will keep the short open though as we haven’t seen the 12380-12400 which looks like the bounce area for 127
I will trust the daily chart. Short again 2499. TP 2407. So long as price doesn't close above 2522 (daily pivot) on the 4hr, it will still go break that bottom. London hasn't touched the bottom yet. Just like they decieved and went up yesterday I kept singing that 2450 would come. It came without them (Asia did it), it must happen with them involved.
  • #662,239
  • Jun 7, 2022 4:00am Jun 7, 2022 4:00am
...that's a 4hr candle! below
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Trader with an Edge.
  • #662,240
  • Jun 7, 2022 4:07am Jun 7, 2022 4:07am
Bought NZDCHF…

I’m still waiting for setup on AU, GU, CJ
My telegram: https://t.me/avidforex
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