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Cable Update (GBPUSD)

  • #714,801
  • Dec 16, 2022 2:29am Dec 16, 2022 2:29am
Quoting Bella.al
Come on Bulls... We need to work Together. {image}
Nice try but
if price on your screen moves from top left to bottom right - as general direction, disregarding retracements - the bias is down.
  • #714,802
  • Dec 16, 2022 2:31am Dec 16, 2022 2:31am
...4hr asc t/line breech but testing deeper into this prev 1hr/4hr (x 1 test and hold) sw lo zone to 2153 now.

4hr below
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Trader with an Edge.
  • #714,803
  • Dec 16, 2022 2:32am Dec 16, 2022 2:32am
Quoting palpite
sell - 1.2210
trade closed - 1.2164
Together we can be strongest
Vantage Return This Month: na
  • #714,804
  • Dec 16, 2022 2:37am Dec 16, 2022 2:37am
CABLE
so far, "LONG" is not confirmed until 1.22216 is broke
Beware for STOP HUNT for those who jump into long but too soon,
or maybe MMs will fill another SM long queue at lower prices during London Session.
At the moment I haven't had time to mark the area for shorts at the lower TF. The general reference for the swing HTF is still using the plotted areas that I have previously posted.

Currently, the market has entered the London session. And in 1 hour there will be HRs (High Impact News) released. Now, the price is back to the historical consolidation below the whole 1.22000 level, and there is a Daily zone that is marked as Filling Order Area.

If the final SM long is fulfilled by MMs in that area, then the price should shoot up (PUMP). But who knows?
If I'm going to jump into long, I'll be patiently waiting for my CRITICAL RESISTANCE (around 1.22216) to be broken.

Trade Well,
Sincerely
MJ-
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"Bulls make money, Bears make money, but hogs get slaughtered"
  • #714,805
  • Dec 16, 2022 2:37am Dec 16, 2022 2:37am
Long day ahead. I’m going to take a hit around 12220-12260 if it gets there
Insane in the Brain..
  • #714,806
  • Dec 16, 2022 2:39am Dec 16, 2022 2:39am
double bttm pattern
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Trendlines H1,H4, SMC
  • #714,807
  • Dec 16, 2022 2:41am Dec 16, 2022 2:41am
go bulls go

* i can be completely wrong T & C apply
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  • #714,808
  • Dec 16, 2022 2:41am Dec 16, 2022 2:41am
Quoting Bella.al
{quote} S/L is hit -24 Pips
Alright, I am going to take some break work on "Bella's Blue" , Spend Christmas holidays, New Year Enjoyment and be back next year hopefully.

Have a nice day and weekend.

-bella
Goddess of Thunder..
  • #714,809
  • Dec 16, 2022 2:44am Dec 16, 2022 2:44am
Quoting palpite
{quote} trade closed - 1.2164
me also
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yes yes yes
  • #714,810
  • Dec 16, 2022 2:56am Dec 16, 2022 2:56am
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  • #714,811
  • Dec 16, 2022 2:56am Dec 16, 2022 2:56am
Quoting Bella.al
{quote} Alright, I am going to take some break work on "Bella's Blue" , Spend Christmas holidays, New Year Enjoyment and be back next year hopefully. Have a nice day and weekend. -bella
Bella, look forward to seeing you back!
Hope you and your family have a Merry Xmas and a Happy New Year!
  • #714,812
  • Dec 16, 2022 2:56am Dec 16, 2022 2:56am
Quoting Bella.al
{quote} Alright, I am going to take some break work on "Bella's Blue" , Spend Christmas holidays, New Year Enjoyment and be back next year hopefully. Have a nice day and weekend. -bella
when the cat is away, cable will play
  • #714,813
  • Dec 16, 2022 2:57am Dec 16, 2022 2:57am
GBP/USD

15M Short
30M About To Confirm Short (Price failing to close above 1.2195 in this Hour suggests Short)
H1 Short (Rejected Long Signal on Frankfurt open)
H4 Short
Daily Long
Weekly Long
Monthly Short
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  • #714,814
  • Dec 16, 2022 2:57am Dec 16, 2022 2:57am
Quoting Bella.al
{quote} Alright, I am going to take some break work on "Bella's Blue" , Spend Christmas holidays, New Year Enjoyment and be back next year hopefully. Have a nice day and weekend. -bella
stay safe have fun and see ya in a few weeks time. Merry Christmas happy new year!
Insane in the Brain..
  • #714,815
  • Dec 16, 2022 2:59am Dec 16, 2022 2:59am
Quoting PatienceFx
go bulls go * i can be completely wrong T & C apply {image}
moved stop closer
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  • #714,816
  • Dec 16, 2022 3:00am Dec 16, 2022 3:00am
Quoting cchin
Judging from the market sentiment that developed overnight. I've added a short position on the Cable. On Cable, I'm planning to keep this trade running into the new year, and add positions to it if it goes up.
Not sure the change in sentiment was anything more than a short term thing. The weekly and daily charts still look strong. I wouldn't be surprised if cable staged a recovery by end of play today.
  • #714,817
  • Dec 16, 2022 3:04am Dec 16, 2022 3:04am
bulls trap !?
i am short again
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yes yes yes
  • #714,818
  • Dec 16, 2022 3:06am Dec 16, 2022 3:06am
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  • #714,819
  • Dec 16, 2022 3:09am Dec 16, 2022 3:09am
the bias should change to bearish
  • #714,820
  • Dec 16, 2022 3:12am Dec 16, 2022 3:12am
115+ pips now
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!! Radha Radha !!
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