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Cable Update (GBPUSD)

  • #725,721
  • Feb 2, 2023 9:18am Feb 2, 2023 9:18am
Quoting Guy1969
{quote} {image}
Perhaps look at it as correction Wave (which consists of 3 waves). You have a to 1.24 b to 1.18 and c which failed at 1.24.
Anyway, thanks for the chart!
  • #725,722
  • Feb 2, 2023 9:22am Feb 2, 2023 9:22am
Quoting SnailFX
{quote} Perhaps look at it as correction Wave (which consists of 3 waves). You have a to 1.24 b to 1.18 and c which failed at 1.24. Anyway, thanks for the chart!
i.m.o the correction on the daily has not started yet.

Cheers
Guy
  • #725,723
  • Feb 2, 2023 9:22am Feb 2, 2023 9:22am
Quoting Ipradzz
Double Top on Daily TF... it's capped @ 1.24350... The job now is to find the bottom....
I Guess we have the bottom now 1.22400
  • #725,724
  • Edited 9:38am Feb 2, 2023 9:27am | Edited 9:38am
Quoting Guy1969
{quote} Hi Coreg, I have an incomplete extended wave 5 on the daily. Cheers Guz
Guy1969, as long as GU doesn't close on the daily chart below 1.2212 your count is still in play.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2023-02-02 102124.jpg Size: 191 KB
Always trade your own plan...I don't provide trading signals.
  • #725,725
  • Feb 2, 2023 9:28am Feb 2, 2023 9:28am
So... 1.24 we go? :/ Still not exactly convinced, but GJ needs a bullish push which should be aligned with GU.
Exhausted
  • #725,726
  • Feb 2, 2023 9:28am Feb 2, 2023 9:28am
Quoting Ipradzz
{quote} I Guess we have the bottom now 1.22400
could be true. 12240 bottom a couple of weeks ago. Needs to break lower first point of collection is 12200 before lower areas.
Insane in the Brain..
  • #725,727
  • Feb 2, 2023 9:31am Feb 2, 2023 9:31am
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 17 KB
yes yes yes
  • #725,728
  • Feb 2, 2023 9:34am Feb 2, 2023 9:34am
Seems like Dxy was just retesting 101.9
Exhausted
  • #725,729
  • Feb 2, 2023 9:47am Feb 2, 2023 9:47am
Quoting BeeTogether
{quote} could be true. 12240 bottom a couple of weeks ago. Needs to break lower first point of collection is 12200 before lower areas.
I agree with you... My buy was activated @ 1.2240.. Thats why I called it the bottom May till NFP it will hold...
  • #725,730
  • Feb 2, 2023 9:48am Feb 2, 2023 9:48am
Quoting Guy1969
{quote} {image}
That is a sweet target!
  • #725,731
  • Feb 2, 2023 9:57am Feb 2, 2023 9:57am
Some R at 1.23000,

GBP/USD 30M.

On Hourly chart 1.23165 another R.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GBPUSD H1.png Size: 21 KB
  • #725,732
  • Feb 2, 2023 10:03am Feb 2, 2023 10:03am
GBPUSD
Short at 1.22981

SL 20 pips
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.png Size: 19 KB
  • #725,733
  • Feb 2, 2023 10:04am Feb 2, 2023 10:04am
FED, BoE, ECB all failed to break out, what do you think will break us out of this range?
I'm enjoying the wins because I was once terrified by loses
  • #725,734
  • Feb 2, 2023 10:09am Feb 2, 2023 10:09am
Quoting Erto
FED, BoE, ECB all failed to break out, what do you think will break us out of this range?
potentially NFP tomorrow.
Insane in the Brain..
  • #725,735
  • Feb 2, 2023 10:10am Feb 2, 2023 10:10am
Quoting Erto
FED, BoE, ECB all failed to break out, what do you think will break us out of this range?
Already broken
  • #725,736
  • Feb 2, 2023 10:10am Feb 2, 2023 10:10am
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 14 KB
yes yes yes
  • #725,737
  • Feb 2, 2023 10:11am Feb 2, 2023 10:11am
4 hr ranging taking out both longs and shorts.
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  • #725,738
  • Feb 2, 2023 10:12am Feb 2, 2023 10:12am
Quoting Erto
FED, BoE, ECB all failed to break out, what do you think will break us out of this range?
Is there another sort of break you seek other than the ones we've witnessed today?
  • #725,739
  • Feb 2, 2023 10:19am Feb 2, 2023 10:19am
Quoting BrainBucks
{quote} Is there another sort of break you seek other than the ones we've witnessed today?
I was expecting a break out that will take us to October lows
I'm enjoying the wins because I was once terrified by loses
  • #725,740
  • Feb 2, 2023 10:19am Feb 2, 2023 10:19am
Quoting SnailFX
GBPUSD Short at 1.22981 SL 20 pips {image}
Mr Snail
how does your indicator work?
Lou Vincii Code
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