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Cable Update (GBPUSD)

  • #716,661
  • Dec 28, 2022 10:24am Dec 28, 2022 10:24am
Quoting Yngwie
{quote} yep just like that. Yes almost overbought but crazy fall. what a jackpot for seller. Only high impact news can do that
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  • #716,662
  • Dec 28, 2022 10:30am Dec 28, 2022 10:30am
Quoting Yngwie
{quote} yep just like that. Yes almost overbought but crazy fall. what a jackpot for seller. Only high impact news can do that
Considering sentiment is bearish and price failed to rotate above weekly pivot, it isnt that surprising that price would push down. But there were some good long opportunities for scalpers I guess. I'm bearish all the way until I see some value above the R1 at this point.
  • #716,663
  • Dec 28, 2022 10:31am Dec 28, 2022 10:31am
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yes yes yes
  • #716,664
  • Dec 28, 2022 10:36am Dec 28, 2022 10:36am
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  • #716,665
  • Dec 28, 2022 10:36am Dec 28, 2022 10:36am
Did anybody get spooked by the move???

Me Not

HAHA
Shekh In Desert
  • #716,666
  • Dec 28, 2022 10:45am Dec 28, 2022 10:45am
Quoting ToSatisfy
Typical of this type of guys meditate and bla bla
Quoting RCtrader
Bullish outlook for gbpusd, I'm already in.
I hope everyone TPed their longs, because the day for bulls is pretty much over.
  • #716,667
  • Dec 28, 2022 10:52am Dec 28, 2022 10:52am
Quoting BeeTogether
That’s one crazy drop literally like a lead balloon. Not much data there any idea what caused it to drop from 12120 area to below daily pivot at 12040
Home sales and manufacturing data released

Falling house sales = recession
  • #716,668
  • Dec 28, 2022 11:00am Dec 28, 2022 11:00am
Quoting tradexyz
{image}
I like your charts.... easy to read
!! Radha Radha !!
  • #716,669
  • Dec 28, 2022 11:04am Dec 28, 2022 11:04am
Quoting suhas316
{quote} I like your charts.... easy to read
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  • #716,670
  • Dec 28, 2022 11:06am Dec 28, 2022 11:06am
As long as 1.2148 holds, the bias is to the downside. Also, AB=CD is a continuation pattern with 70% reliability, so we should see a new low. The target zone is 1.1950-xx15.
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Always trade your own plan...I don't provide trading signals.
  • #716,671
  • Dec 28, 2022 11:06am Dec 28, 2022 11:06am
Quoting Sezavo
Selling GU {image}
Update: Added two more sell positions still aiming to the H4 lows
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  • #716,672
  • Dec 28, 2022 11:11am Dec 28, 2022 11:11am
My opinion
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  • #716,673
  • Dec 28, 2022 11:12am Dec 28, 2022 11:12am
Alright The Buys I initiated before for GBP I Close Here

I have Short with target 70 pips

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شاورما دجاج أو لحم ضأن ofcourse always does the trick
Calms the mind Relieves the nerves and gives relaxation

what can I say
Shekh In Desert
  • #716,674
  • Dec 28, 2022 11:20am Dec 28, 2022 11:20am
Quoting Coreg2004
As long as 1.2148 holds, the bias is to the downside. Also, AB=CD is a continuation pattern with 70% reliability, so we should see a new low. The target zone is 1.1950-xx15. {image}
Thanks for your input sir. I really want price to touch 1.2134 before any sell off. My VAP numbers tell me that is where we will have sellers waiting.
In any way, anything below 1.2018 is bad for the bulls.
  • #716,675
  • Dec 28, 2022 11:23am Dec 28, 2022 11:23am
Cable...
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!! Radha Radha !!
  • #716,676
  • Dec 28, 2022 11:31am Dec 28, 2022 11:31am
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REDA_EL_HARAOUI
ELITE MOROCCO SNIPER All Time Return: 27.5%
  • #716,677
  • Dec 28, 2022 11:32am Dec 28, 2022 11:32am
Quoting Sezavo
{quote} Update: Added two more sell positions still aiming to the H4 lows {image}
My thought
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  • #716,678
  • Dec 28, 2022 11:36am Dec 28, 2022 11:36am
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BP H. --- A magnificent overhtrow , crew . . . Staying the course . . .

  • #716,679
  • Dec 28, 2022 11:42am Dec 28, 2022 11:42am
Quoting pipcenturion
{quote} Thanks for your input sir. I really want price to touch 1.2134 before any sell off. My VAP numbers tell me that is where we will have sellers waiting. In any way, anything below 1.2018 is bad for the bulls.
pipcenturion, I've read your posts about the 1.2134 level, I even put it on my 4H chart (investing.com) to see how it corresponds to S/R on this TF. Today's PA is good enough for me to say that level was tested. PC, why it is so important for you that a particular level has to be hit to the pip?
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Always trade your own plan...I don't provide trading signals.
  • #716,680
  • Edited 12:16pm Dec 28, 2022 11:43am | Edited 12:16pm
sometimes water down my aquavit 106 proof little hammered uhmmmmmmmmmmm war of thrones
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