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Cable Update (GBPUSD)

  • #715,501
  • Dec 21, 2022 2:15am Dec 21, 2022 2:15am
Quoting Yngwie
SL sweeper
200+ pt SL sweep, WOW! Or 100+ pt SL sweep, are you long or short from here?
  • #715,502
  • Dec 21, 2022 2:16am Dec 21, 2022 2:16am
Time to short , H1 just completed a contracting triangle.

Seems that corrective move i mentioned in my last post turned into a double correction or complex.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 16 KB
Follow The Markets Structure - Patience and Discipline
  • #715,503
  • Dec 21, 2022 2:18am Dec 21, 2022 2:18am
Tons of stops above. Tons of stops below
Attached Image (click to enlarge)
Click to Enlarge Name: 2022-12-21 08_17_57-cTrader 4.5.3.png Size: 15 KB
  • #715,504
  • Dec 21, 2022 2:20am Dec 21, 2022 2:20am
break down
i had a feeling that the rising in the uj will cause gu to fall
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 19 KB
yes yes yes
  • #715,505
  • Dec 21, 2022 2:20am Dec 21, 2022 2:20am
Quoting dantpm
{quote} 200+ pt SL sweep, WOW! Or 100+ pt SL sweep, are you long or short from here?
Still long position from yesterday miss my TP demm
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #715,506
  • Dec 21, 2022 2:23am Dec 21, 2022 2:23am
Quoting Yngwie
{quote}{image}
Bearly moving, ...93 was the top, my order was not filled, cancelled.
Daily MA 12210, mid of BB.
Good luck.
  • #715,507
  • Dec 21, 2022 2:27am Dec 21, 2022 2:27am
Quoting Moty
break down i had a feeling that the rising in the uj will cause gu to fall {image}
Now the chart M1 have top higher and bottom lower, this not is good.
Together we can be strongest
Vantage Return This Month: -97.0%
  • #715,508
  • Dec 21, 2022 2:29am Dec 21, 2022 2:29am
This is painful
  • #715,509
  • Dec 21, 2022 2:31am Dec 21, 2022 2:31am
If this trendline breaks Below. Go long again on the second trendline.
Attached Image (click to enlarge)
Click to Enlarge Name: 68113B5A-B197-4B79-8743-AADA68CDF30D.jpeg Size: 405 KB

Beyond technical analysis.
My telegram: https://t.me/avidforex
  • #715,510
  • Dec 21, 2022 2:32am Dec 21, 2022 2:32am
Correctionn is clearer now - abc 3-3-5 running flat- entry on break of c @2150 ,which is a 5 wave triangle Target area 1899 possibly lower

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1-2.png Size: 18 KB
Follow The Markets Structure - Patience and Discipline
  • #715,511
  • Dec 21, 2022 2:33am Dec 21, 2022 2:33am
Last hourly candle is almost bearish Unfulfilling
The high of it is lower by 0.2 pips from the previous
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2022-12-21-10-31-57-485_net.metaquotes.metatrader4.jpg Size: 511 KB
yes yes yes
  • #715,512
  • Dec 21, 2022 2:34am Dec 21, 2022 2:34am
It seems to be nothing but manipulation today
  • #715,513
  • Dec 21, 2022 2:36am Dec 21, 2022 2:36am
Buy GU at 1.2159
SL below today's low
Target 1.2254
  • #715,514
  • Dec 21, 2022 2:38am Dec 21, 2022 2:38am
Strong H4 break above and the next daily candle will trade higher for a probable break below. #BTA
My telegram: https://t.me/avidforex
  • #715,515
  • Edited 2:59am Dec 21, 2022 2:39am | Edited 2:59am
Quoting MrFanciful
It seems to be nothing but manipulation today
What you call manipulation I'd call a range...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 15 KB
  • #715,516
  • Dec 21, 2022 2:41am Dec 21, 2022 2:41am
And the price still is inside of the triangle.

Attached Image (click to enlarge)
Click to Enlarge Name: palpite.png Size: 6 KB
Together we can be strongest
Vantage Return This Month: -97.0%
  • #715,517
  • Dec 21, 2022 2:46am Dec 21, 2022 2:46am
GBPUSD, Daily ready to confirm Short.. if candle fails to close above 1.22400 today.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Daily.png Size: 21 KB
  • #715,518
  • Dec 21, 2022 2:46am Dec 21, 2022 2:46am
Im not sure if i correctly placed 4H trendline...

but After some strong bearish momentum i have observed:

1.Dying bearish pressure( near 4H trendline)

2.Support and range

Im expecting to see:Before the price heads down to a 50% Discount

1. Break of structure

2. Break of correction

3.Bullish Liquidity grab

Plz correct me if im wrong, you could save me from losing money
Attached Image (click to enlarge)
Click to Enlarge Name: GU 4H Trendline.JPG Size: 197 KB
Lou Vincii Code
  • #715,519
  • Dec 21, 2022 2:47am Dec 21, 2022 2:47am
Quoting josi
{quote} What you call manipulatin I'd call a range... {image}
Depends on your timeframe. The last two 1 hour candles is a range on the 1 hour chart but are trends on a 5 minute chart.
  • #715,520
  • Dec 21, 2022 2:51am Dec 21, 2022 2:51am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 34 KB
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 33 KB
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 30 KB

Daily - sell
H4 - sell
H1 - sell
It's good idea search only sell entry...
There will be important economic news about the dollar tonight!
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