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Cable Update (GBPUSD)

  • #715,181
  • Dec 19, 2022 11:43am Dec 19, 2022 11:43am
Quoting ToSatisfy
{quote} Here there is a change Sell Trade is on with Targets Shown {image} Timeframe H1
Alright Target Has Been Hit

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Lets See Further
Shekh In Desert
  • #715,182
  • Dec 19, 2022 11:50am Dec 19, 2022 11:50am
Quoting SilentFather
Positions still NOT changed. We have sideways trend, buy on low, sell high. As always, take care. SF
You are right... At least this week, No major news and Market is clearly sideways.
  • #715,183
  • Dec 19, 2022 11:50am Dec 19, 2022 11:50am
Quoting josip
{quote} because I do a trend line bounce until the trend line is crossed. if the trend line is crossed, I will also reverse the position from sell to buy (gbpusd or eurusd), like today. I just don't have time to list every change I make here... {image}
Thanks for the explaination!
...because you never know - until you do!
  • #715,184
  • Dec 19, 2022 11:54am Dec 19, 2022 11:54am
Quoting SilentFather
Gold is definitely buy bias. Be careful guys... 1790 can be bought. Will check it. SF {image}
Gold was kinda... well sorry. I didnt made any analysis, I just took one level. Anyway, as said. Bias still buy.

SF
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  • #715,185
  • Dec 19, 2022 11:56am Dec 19, 2022 11:56am
Quoting selym_co
GBPUSD - H4 Personally, I am selling GBPUSD - and expecting the price to reach one of the Extension Levels down below. {image} On the other hand, if you examine the last candle in terms of volume, you can notice the "increased volume" and "narrow body of the candle" despite that much volume (Less volume in the previous candle crated a bigger candle body). {image} Well, the candle is going to be completed in 20 minutes, and if this is how it is going to be completed, then I can say that (in my humble opinion), we are gonna go even deeper!!! Best...
But H1 has gone into an up swing. So you will be seeing smaller TFs cycling into up trends to build that H1 swing further.

But of course, always be on the alert for a TF to FAIL, resulting in another run on the bigger down trend.
To free Gazans of Hamas, use whatever it takes.
  • #715,186
  • Dec 19, 2022 11:59am Dec 19, 2022 11:59am
buy again - 1.2182
Together we can be strongest
Vantage Return This Month: na
  • #715,187
  • Dec 19, 2022 12:05pm Dec 19, 2022 12:05pm
Further Trades Waiting TP

I Couldnt Post this before but it is now

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First Is USDJPY H4

Second Is EURJPY H4

Waiting TP Up Targets around Red Line
Shekh In Desert
  • #715,188
  • Dec 19, 2022 12:09pm Dec 19, 2022 12:09pm
Quoting DrDave
{quote} But H1 has gone into an up swing. So you will be seeing smaller TFs cycling into up trends to build that H1 swing further. But of course, always be on the alert for a TF to FAIL, resulting in another run on the bigger down trend.
This is how things look like in H1...

It seems that Smart Money still does not support the uptrend...

Of course, maybe I am wrong

Best Regards

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Imagination rules the world ...
Selym Hyll Return This Year: na
  • #715,189
  • Dec 19, 2022 12:15pm Dec 19, 2022 12:15pm
Quoting Wavegarrick
{quote} In my humble opinion. Unless Usdx can sustain a clear break above 104.893 and more importantly a weekly close above, we can merely treat this as a retrace or correction from a higher time frame perspective. Usdx is setting up for a sell trade, which means at this point we could look for dollar weakening. Cheers. {image}
In my opinion the dollar is setting up for further weakness. It could be telling of course from the 20th of the month going into month end where momentum is gained.
Trade safe.
Cheers.
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Trade to trade another day
  • #715,190
  • Dec 19, 2022 12:21pm Dec 19, 2022 12:21pm
update
gbpusd
if we stay below 1.2190 = short
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Trendlines H1,H4, SMC
  • #715,191
  • Dec 19, 2022 12:33pm Dec 19, 2022 12:33pm
and with support...
so R is stronger or S. ???..lets see...
I say R is stronger...
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Trendlines H1,H4, SMC
  • #715,192
  • Dec 19, 2022 12:54pm Dec 19, 2022 12:54pm
and usindex
we can rise to R = short gbpusd/eurusd
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Trendlines H1,H4, SMC
  • #715,193
  • Dec 19, 2022 1:00pm Dec 19, 2022 1:00pm
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yes yes yes
  • #715,194
  • Dec 19, 2022 1:16pm Dec 19, 2022 1:16pm
Quoting palpite
buy again - 1.2182
Why buy GU? It's on resistence (was on 1.2190 was amazing sell with 0 drawdown...) while 56% of people buys it already. Some traders here could get 4 times 40 pips today if they didn't buy on res.

SF
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  • #715,195
  • Dec 19, 2022 1:50pm Dec 19, 2022 1:50pm
A couple failed up swing moves. Looks like we might seeing a new low soon
Insane in the Brain..
  • #715,196
  • Dec 19, 2022 1:59pm Dec 19, 2022 1:59pm
gbpusd
double bttm pattent on 5m,15m,30min. (1.2139)
opening long...

usindex still can rise...
Trendlines H1,H4, SMC
  • #715,197
  • Edited 2:14pm Dec 19, 2022 2:03pm | Edited 2:14pm
30 min it's cold today snow chill factor of -20 super natural healing shovels in hand
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  • #715,198
  • Dec 19, 2022 2:26pm Dec 19, 2022 2:26pm
usindex
crossed 5min line...prooving long gbp/eur
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Trendlines H1,H4, SMC
  • #715,199
  • Dec 19, 2022 2:39pm Dec 19, 2022 2:39pm
Quoting josip
gbpusd double bttm pattent on 5m,15m,30min. (1.2139) opening long... usindex still can rise...
problem is with low volumes any move will be very limited. Let’s hope we can get a good rise tomorrow. My gut feeling is the drop could come from a higher area
Insane in the Brain..
  • #715,200
  • Dec 19, 2022 2:45pm Dec 19, 2022 2:45pm
Quoting BeeTogether
{quote} problem is with low volumes any move will be very limited. Let’s hope we can get a good rise tomorrow. My gut feeling is the drop could come from a higher area
yes, low volume...
but still above 1.2139

this is so exciting, I like it..hehe

target, not much - 1.2163 maybe
Trendlines H1,H4, SMC
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