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Cable Update (GBPUSD)

  • #736,921
  • Mar 20, 2023 10:02am Mar 20, 2023 10:02am
too rangy , anyway waiting now bull target 2269 breaks up any top failure for next swing ! minimum target 2407// 2666 though ! waiting
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #736,922
  • Mar 20, 2023 10:02am Mar 20, 2023 10:02am
May finally have a strong leg tothe upside in GU!!! SAW flows going into the gbp complexes last week.
  • #736,923
  • Mar 20, 2023 10:25am Mar 20, 2023 10:25am
Quoting ForexGoose
it is struggling on h4, might top out again {image}
Hey ForexGoose!
Im wishing for nice ride down like 2 times before💪😉🍀
People don't plan to lose. They lose because they don't plan.
  • #736,924
  • Mar 20, 2023 10:27am Mar 20, 2023 10:27am
Attached Image (click to enlarge)
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  • #736,925
  • Mar 20, 2023 10:28am Mar 20, 2023 10:28am
Maybe testing today’s high for a possible entry for short
Insane in the Brain..
  • #736,926
  • Mar 20, 2023 10:38am Mar 20, 2023 10:38am
I will post tradingview chart later, vacation mode.
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  • #736,927
  • Mar 20, 2023 10:47am Mar 20, 2023 10:47am
Quoting Robinhood1
{quote} Just a touch higher pls so i can confirm my scenario. And then who knows, down or much further up. What i do know, it will be long after retracement breaking whichever high there is from here. https://www.youtube.com/watch?v=k_ofm8gTos4
Focused now on entering long when retracing. When will this happen? It may climb higher or not. Only time is envolved now. 1 day, 1 week etc?
POSTMASTER
  • #736,928
  • Mar 20, 2023 10:53am Mar 20, 2023 10:53am
#GBPUSD / H4
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  • #736,929
  • Mar 20, 2023 11:03am Mar 20, 2023 11:03am
Another buy opportunity is coming up.. Market has created LQ on the H1 that needs to be swept...
I am already long on GBPCAD and EURCHF. I may just leave the order already on to tp instead of adding more...
My telegram: https://t.me/avidforex
  • #736,930
  • Mar 20, 2023 11:09am Mar 20, 2023 11:09am
Quoting BigNumbers
Another buy opportunity is coming up.. Market has created LQ on the H1 that needs to be swept... I am already long on GBPCAD and EURCHF. I may just leave the order already on to tp instead of adding more...
LQ????
  • #736,931
  • Mar 20, 2023 11:10am Mar 20, 2023 11:10am
Major Economic News from BOE and FED this week.. A possible touch of 1.2290 later today or tomorrow...

Expected range this week being 250 - 350 pips...

Key zones between 1.20 to 1.24 this week... Pay very close attention to 1.24 as violation of that level will easily expose 1.26 in the medium term.

So medium term outlook still within 1.16 - 1.26... too early to make simulations this week, allow for more space to happen first.

Trade with caution.
Data + Stat + Risk/Emotions Management
  • #736,932
  • Mar 20, 2023 11:10am Mar 20, 2023 11:10am
Quoting ninner
{quote} LQ????
LQ- LIQUIDITY...
My telegram: https://t.me/avidforex
  • #736,933
  • Mar 20, 2023 11:13am Mar 20, 2023 11:13am
Quoting BigNumbers
{quote} LQ- LIQUIDITY...
Yes I agree. Also may be starting wave 3 up....looks like it is starting to impulse up now!!!!
  • #736,934
  • Mar 20, 2023 11:18am Mar 20, 2023 11:18am
Shorts holding off for now. Took a long at 12252 will take profit when I stop feeling hungry 😐😁
Insane in the Brain..
  • #736,935
  • Mar 20, 2023 11:20am Mar 20, 2023 11:20am
Two entries. 1 long term to below 1.14
other one is short term to 1.2
Attached Image (click to enlarge)
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  • #736,936
  • Mar 20, 2023 11:22am Mar 20, 2023 11:22am
There's the outlook I tried posting Friday that didn't get approved. Will likely TP around 1.23 depending on what PA looks like at the time. For right now I will continue trailing my SL. Partials were taken Friday so trade is risk free.
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  • #736,937
  • Mar 20, 2023 11:24am Mar 20, 2023 11:24am
added short
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Air force
  • #736,938
  • Mar 20, 2023 11:26am Mar 20, 2023 11:26am
Quoting ScalaFX
{quote} Underwater but still holding and adding 2260
Sell stops 2250, 2240 so I will have if active later 8 positons from 2190 to 2260, targeting minimum 207x, lets rock!
People don't plan to lose. They lose because they don't plan.
  • #736,939
  • Mar 20, 2023 11:28am Mar 20, 2023 11:28am
Quoting Whale
Two entries. 1 long term to below 1.14 other one is short term to 1.2 {image}
Are you an apostle of what seems to be inverse head&shoulder on DXY daily chart? my fear for any DXY long now is that there is no such positive fundamental around it now
  • #736,940
  • Mar 20, 2023 11:29am Mar 20, 2023 11:29am
Quoting ScalaFX
{quote} Sell stops 2250, 2240 so I will have if active later 8 positons from 2190 to 2260, targeting minimum 207x, leta rock!
it might be too strong for shorts at this time

might be better to wait until after the FED announcement on Wednesday before shorting
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
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