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Cable Update (GBPUSD)

  • #662,241
  • Jun 7, 2022 4:09am Jun 7, 2022 4:09am
Quoting Nd10
{quote} Good that you see 1.29 now
im posting same chart for more than a week

seems like the green zone will not happen immidiatly
im not trading GU now, with gun to my head, long.
but look at the last 4h
if they don't know i don't
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  • #662,242
  • Jun 7, 2022 4:13am Jun 7, 2022 4:13am
Quoting BigNumbers
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
The candle movement is pushing me to click buy but I’ll wait for the H1 candle to open above 1.25065.
My telegram: https://t.me/avidforex
  • #662,243
  • Jun 7, 2022 4:15am Jun 7, 2022 4:15am
the divergence on 1hr chart need to be clear followed by hidden bearish divergence if the downtrend should continue.

after all the move up and down i expect a sideways and downtrend before up move

my down target is 1.24 and 1.2350
up target 1.28
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MY OPINION NOT FINANCIAL ADVISE
  • #662,244
  • Jun 7, 2022 4:16am Jun 7, 2022 4:16am
1.23400 watch these level if visited .
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #662,245
  • Jun 7, 2022 4:21am Jun 7, 2022 4:21am
Quoting kris89
1.23400 watch these level if visited .
160 pips from here.
remind us there.
  • #662,246
  • Jun 7, 2022 4:27am Jun 7, 2022 4:27am
took some long
s, no tp no sl.. lets ride some.
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why?
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  • #662,247
  • Jun 7, 2022 4:35am Jun 7, 2022 4:35am
OK OK OK put some music on
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  • #662,248
  • Jun 7, 2022 4:46am Jun 7, 2022 4:46am
Quoting Headland
...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 {image}
We did get the 5min bullish hidden div and better entry on the 1min - a reg bull div play, for the potential pt.5 of that 30min/1hr exp tri. I have marked on the 5min chart where on the 30min/1hr the points of the exp tri are.

5min below
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Trader with an Edge.
  • #662,249
  • Jun 7, 2022 4:47am Jun 7, 2022 4:47am
Quoting Headland
{quote} We did get the 5min bullish hidden div and better entry on the 1min - a reg bull div play, for the potential pt.5 of that 30min/1hr exp tri. I have marked on the 5min chart where on the 30min/1hr the points of the exp tri are. 5min below {image}
what the counting represent ?
  • #662,250
  • Jun 7, 2022 4:52am Jun 7, 2022 4:52am
Quoting bilal1947
{quote} like wise: {image}
liquidity taken: a big spike but trend by it looks is still bearish:
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"Exchange of hands"
  • #662,251
  • Jun 7, 2022 4:59am Jun 7, 2022 4:59am
As long as we stay below the daily pivot and around the 125 area there is a big chance we could see further drops. At least until NYO
Insane in the Brain..
  • #662,252
  • Jun 7, 2022 5:00am Jun 7, 2022 5:00am
Quoting Whale
{quote} what the counting represent ?
They are the points of an expanding triangle...a possible reversal pattern at the top or bottom of a trend/range that may develop....this one is on 30min/1hr and the point 4 can be tradeable, (a fib ext of move 2-3) as well as the point 5 which may signal a follow thru above (in this bullish eg) point 4. Pt.5 comes at a fib retrace or ext of move 3-4, and it's target is a fib ext of move 4-5. Google it if interested. That's the basics.

30min below
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Trader with an Edge.
  • #662,253
  • Jun 7, 2022 5:04am Jun 7, 2022 5:04am
My bet for today 1.255X
  • #662,254
  • Jun 7, 2022 5:05am Jun 7, 2022 5:05am
Quoting BeeTogether
As long as we stay below the daily pivot and around the 125 area there is a big chance we could see further drops. At least until NYO
After wasting all the time. Tomorrow is Wednesday and we will shoot it down. Lol.. Asia doesn't set lows or highs for anybody. As 2450 came, 2410 will come.
  • #662,255
  • Jun 7, 2022 5:20am Jun 7, 2022 5:20am
Bought GBPUSD Stop below

Sl 1.24900

They are distributing their orders now.
My telegram: https://t.me/avidforex
  • #662,256
  • Jun 7, 2022 5:24am Jun 7, 2022 5:24am
... a prev wide 30min sw hi zone = prev res = pot res, leading to current dly hi...the immediate upside obstacle for the bulls. (Pink zone on chart below.)

1hr below
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Trader with an Edge.
  • #662,257
  • Jun 7, 2022 5:25am Jun 7, 2022 5:25am
1.25300 is the level to watch for a reaction either down or up. The long term trend I believe is up, however we will probably get a pull back at possibly the number above before we get a reaction up through the level I have specified.
  • #662,258
  • Jun 7, 2022 5:26am Jun 7, 2022 5:26am
Quoting Houtbay
1.25300 is the level to watch for a reaction either down or up. The long term trend I believe is up, however we will probably get a pull back at possibly the number above before we get a reaction up through the level I have specified.
agree
it will go down some again from 1.253X
but it will back up.
  • #662,259
  • Jun 7, 2022 5:42am Jun 7, 2022 5:42am
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my view. 1.26 again and drop to 1.24 or not. If it crosses 1.26 this time, it's 1.27 and more
  • #662,260
  • Jun 7, 2022 5:49am Jun 7, 2022 5:49am
Quoting eyefeelsix
{quote} sorry for the late, no blinking atm {image}
Specially for GU, I changed my target to RN 1.27 to 1.28 with 78.6% trailing stop at every new high created, set and forget..

Note : if the price back south and broke the low day ( weekly low ) I will return the direction back to the bearish movement with a higher volume

Have a nice day cable, see you there
https://breakpullback.com
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