Cable Update (GBPUSD)

Quoting Robinhood1

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I'm just presenting another way of looking at the market. I think diversity is good and necessary. Detecting and recognizing patterns. GU ´s dark blue dot represents to be higher, outside the frame. I may be wrong {image}{image}

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Quoting Indiara

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{quote} USDX is mounting another attack at 111.00 so I closed GU for +1 pip! This M5 chart I think I will go to my bed now, and I will take my Covid with me. I think I'm going to embrace this little bug and be nice to it, so that it will be nice to me also. We are both doing what we are here to do, so I must respect the bug and when it leaves me, I will be stronger. Maybe I can try some Tokyo luck tomorrow, it depends how I feel. Night night all, trade well and make lots of pips {image}

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Quoting Pat Chiko

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{quote} GU All above water going for target. Partial TP along the way to target.{image} NOTE : 1st Trade based on BO N3 and it failed, thus taking the small LQ below. 2ns Trade based on PB N3 to LQ zone.

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Quoting Robinhood1

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I'm just presenting another way of looking at the market. I think diversity is good and necessary. Detecting and recognizing patterns. GU ´s dark blue dot represents to be higher, outside the frame. I may be wrong {image}{image}

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Quoting Robinhood1

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I'm just presenting another way of looking at the market. I think diversity is good and necessary. Detecting and recognizing patterns. GU ´s dark blue dot represents to be higher, outside the frame. I may be wrong {image}{image}

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Quoting Headland

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{quote} Interesting. Am I right in thinking then that the move down to green dot, then a 'more aggressive/fast' move up to blue dot is a pattern up to the current prevailing price that you have seen repeat in this pairing - gbpusd, on this 1hr t/f? and if so, may I ask what is the & chance of it doing so again based on your presumably large historical sample (s?)

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Quoting Robinhood1

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{quote} First, i detect a specific micro pattern which triggers off light blue dot and then i display retracements percentages. It can happen anywhere any instrument

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Quoting Robinhood1

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{quote} First, i detect a specific micro pattern which triggers off light blue dot and then i display retracements percentages. It can happen anywhere any instrument

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Quoting Headland

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{quote} Thanks. Doesn't really answer my question though. Are you saying that the move down to green dot then up to blue dot is the greater probability of future near-term price discovery based on a large empirical historical sample (s) pattern on this gbpusd pairing, on the 1hr chart? Yes or No,? and if the answer is yes then what is the % chance of this, would you mind saying? I just want to understand/be clear.

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Quoting Wavegarrick

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{quote} EurUsd from a daily perspective with a retest of the year long descending trend line, I could look at entering more buy trades. Could it spill over to Gu??. Cheers. {image}

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Quoting Robinhood1

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taking dog for a walk

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Quoting Yngwie

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1.1525 keep bearish pressure

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