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Cable Update (GBPUSD)

  • #710,081
  • Nov 29, 2022 9:55pm Nov 29, 2022 9:55pm
Quoting ninner
{quote} Looks bullish to me!!!
Me too I have a small long from early Asia
But i am keeping in mind the bearish structure, which might come into play at any time.
Also, the support at 1.194 been touched twice, which means many orders at that level already get filled. 3rd time back may still hold, but will form a lower high then 4th time, breakout might occur.
Always ready for the trade to trend agains you
More time in the market, does not mean you trade better!
  • #710,082
  • Nov 29, 2022 9:57pm Nov 29, 2022 9:57pm
Quoting ninner
{quote} looking for 1.2010 area to see how price reacts in that area.
Im looking at 1.2020, is a very good resistance
More time in the market, does not mean you trade better!
  • #710,083
  • Nov 29, 2022 10:16pm Nov 29, 2022 10:16pm
Sorry guys.
Can i confirm if I am seeing a gap in DXY?
  • #710,084
  • Nov 29, 2022 10:16pm Nov 29, 2022 10:16pm
May even go higher if the banks want it to since there is alot of liquidity above and they need that liquidity if they want to short this instruement.
  • #710,085
  • Nov 29, 2022 10:33pm Nov 29, 2022 10:33pm
Quoting Zeiferz
Sorry guys. Can i confirm if I am seeing a gap in DXY?
Yes there is a gap on DXY.
Plan your trades and trade your plan.
  • #710,086
  • Nov 29, 2022 10:50pm Nov 29, 2022 10:50pm
Quoting Coreg2004
{quote} Oh, that's how civilized people with superior upbringings from Europe and around the world finish the argument.
Rest of the world should be jealous and think, if it was the favorite sport in USA, how good they can be?!
Amazing football yesterday.
  • #710,087
  • Edited 11:10pm Nov 29, 2022 10:51pm | Edited 11:10pm
good morning,
so the wedge and double bottom pattern worked very well (gbpusd) and also wedge on DX

if we stay below 106.80 (DX) = sell usd
Attached Image(s) (click to enlarge)
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Trendlines H1,H4, SMC
  • #710,088
  • Nov 29, 2022 10:54pm Nov 29, 2022 10:54pm
Quoting Bella.al
{quote} Current Rate : 1.19841 I am +39 Pips as i write this , Currently i have enabled 1-2-3 Structure (Bella's Elliot waves Module" - update for v1.5 (still in development ). I think we shall see the top 1.20638. -Bella's Blue v1.4 {image}
Current Rate : 1.19864

Update my T/S : 1.19555 Locked +10 Pips.
Goddess of Thunder..
  • #710,089
  • Nov 29, 2022 11:04pm Nov 29, 2022 11:04pm
I still think ... it is
Attached Image (click to enlarge)
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!! Radha Radha !!
  • #710,090
  • Nov 29, 2022 11:14pm Nov 29, 2022 11:14pm
Quoting Robinhood1
{quote} Bitcoin is next, up
POSTMASTER
  • #710,091
  • Nov 29, 2022 11:15pm Nov 29, 2022 11:15pm
Quoting Robinhood1
{quote} Gbpjpy will be closed at 167.50
Waiting
POSTMASTER
  • #710,092
  • Nov 29, 2022 11:20pm Nov 29, 2022 11:20pm
Quoting Robinhood1
{quote} Once i beat gbpjpy and Btc long congestion will Vanish. It afects pound
GJ has folded and you can trade pound again normally
POSTMASTER
  • #710,093
  • Nov 29, 2022 11:23pm Nov 29, 2022 11:23pm
Quoting Robinhood1
Usdcad has reversed to the upside. Main support 133.22
Observing
POSTMASTER
  • #710,094
  • Nov 29, 2022 11:39pm Nov 29, 2022 11:39pm
classic Asian session retracement
i am short
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yes yes yes
  • #710,095
  • Nov 29, 2022 11:49pm Nov 29, 2022 11:49pm
Observing .....Moving up nicely.......so nicely!!!!!
  • #710,096
  • Nov 29, 2022 11:50pm Nov 29, 2022 11:50pm
Quoting Moty
classic Asian session retracement i am short {image} {image} {image}
Moty, youhave to get on the right team!!!
  • #710,097
  • Nov 29, 2022 11:51pm Nov 29, 2022 11:51pm
Quoting Bella.al
{quote} Current Rate : 1.19864 Update my T/S : 1.19555 Locked +10 Pips.
Current Rate : 1.19881

I needed to revise few points which are involved in this trade.

1. Daily Close above 1.20270 ( Bullish Momentum )
2. 1-2-3 Pattern Expected 1.20638 ( Price Touch )
3. 01/12/2022 is "Reversal Date Sell : GANN Date Forecasting" so not today?

Ok, i am all set wanted to put all the info in one place and move from this post

-bella
Goddess of Thunder..
  • #710,098
  • Nov 29, 2022 11:52pm Nov 29, 2022 11:52pm
The price has to go up Moty.

I will look at the PA once the price hits R1

Take care.
Intraday only.
  • #710,099
  • Nov 29, 2022 11:53pm Nov 29, 2022 11:53pm
Quoting Moty
classic Asian session retracement i am short {image} {image} {image}
Please be careful Moty.
Selling at this level is dangerous.
  • #710,100
  • Nov 29, 2022 11:53pm Nov 29, 2022 11:53pm
Quoting Moty
classic Asian session retracement i am short {image} {image} {image}
it will go up first.. you dont want to be in drawdown all day
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