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Cable Update (GBPUSD)

  • #783,661
  • Oct 17, 2023 3:51am Oct 17, 2023 3:51am
Quoting Headland
{quote} Hi, Looking in some doubt mate, but not over yet.
not looking great so far however US data later could take us back if not the doors below 121 look do able too
Insane in the Brain..
  • #783,662
  • Oct 17, 2023 3:54am Oct 17, 2023 3:54am
Quoting Headland
{quote} Hi, Looking in some doubt mate, but not over yet. -------------------------------------------------------- ...price has entered the 4hr part of the prev 1hr/4hr sw lo zone that extends down to 2141/42. Any demand here? 4hr below {image}
stopped out much earlier
Intraday only.
  • #783,663
  • Oct 17, 2023 4:03am Oct 17, 2023 4:03am
...gmt+3 4hr close was very thrusty and bearish, a few mins ago.

4hr/1hr below
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Trader with an Edge.
  • #783,664
  • Oct 17, 2023 4:04am Oct 17, 2023 4:04am
The fantabulous 2100 magnet.
Be guided!
  • #783,665
  • Oct 17, 2023 4:04am Oct 17, 2023 4:04am
Quoting genadi
sell GbpJpy at 182.06
Quoting Pat Chiko
{quote} Japan’s growth outlook is favorable, which could lead to further relaxation in yield curve control and ultimately normalization of monetary policy. YEN getting weaker further? Unless GBP is much more weaker than YEN, then it will slide. As YEN with USD, wave 3 on daily still in play. USD stronger.
GJ

Weekly, Daily, H4 is going up.
H1 on corrective Wave 2, Trying to catch Wave 3 on H1 impulse move.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #783,666
  • Oct 17, 2023 4:11am Oct 17, 2023 4:11am
Dx will drop i am sure about it
106.259 is. 50% retracement
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yes yes yes
  • #783,667
  • Oct 17, 2023 4:13am Oct 17, 2023 4:13am
maybe test 2130 to create double bottom
  • #783,668
  • Oct 17, 2023 4:17am Oct 17, 2023 4:17am
This is squeeze play
Right shoulder can break the low of left one and still go up
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yes yes yes
  • #783,669
  • Oct 17, 2023 4:18am Oct 17, 2023 4:18am
Quoting Moty
{quote} it's coming my friend buckle up {image} {image}
Sorry, Moty, but I really think you've gotten off in the wrong direction. I said a couple of days ago that D2 is coming down--that gives a big short bias. Therefore, smaller TFs go up just to find a better price from which to sell, not to trend up.
To free Gazans of Hamas, use whatever it takes.
  • #783,670
  • Oct 17, 2023 4:19am Oct 17, 2023 4:19am
Come on mister eu
Break this 1.05582 mf
yes yes yes
  • #783,671
  • Oct 17, 2023 4:20am Oct 17, 2023 4:20am
Quoting DrDave
{quote} Sorry, Moty, but I really think you've gotten off in the wrong direction. I said a couple of days ago that D2 is coming down--that gives a big short bias. Therefore, smaller TFs go up just to find a better price from which to sell, not to trend up.
1.20500-700 is a iron steal support
yes yes yes
  • #783,672
  • Oct 17, 2023 4:21am Oct 17, 2023 4:21am
think 1.22000 can be a realistic target.
for now.
  • #783,673
  • Oct 17, 2023 4:22am Oct 17, 2023 4:22am
...bulls challenging 2nd 30min+ upside obstacle now @ current p/back hi/23.6% of the day's current main down move.

1hr below
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Trader with an Edge.
  • #783,674
  • Oct 17, 2023 4:25am Oct 17, 2023 4:25am
Quoting Moty
Dx will drop i am sure about it 106.259 is. 50% retracement {image}
agree with you
  • #783,675
  • Oct 17, 2023 4:28am Oct 17, 2023 4:28am
close my scalp..2130 is still possible before NY
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  • #783,676
  • Oct 17, 2023 4:32am Oct 17, 2023 4:32am
Quoting voeltoez
close my scalp..2130 is still possible before NY {image}
could be right, 12150 seemed to be a psychological area for bounce up however there is nothing other than that there.
Insane in the Brain..
  • #783,677
  • Oct 17, 2023 4:33am Oct 17, 2023 4:33am
Quoting Moty
This is squeeze play Right shoulder can break the low of left one and still go up {image}
Bro, you trade 0.4 lots with 500 EUR account?
  • #783,678
  • Oct 17, 2023 4:35am Oct 17, 2023 4:35am
Quoting DrDave
{quote}that gives a big short bias
yep; this is the picture
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  • #783,679
  • Oct 17, 2023 4:38am Oct 17, 2023 4:38am
Quoting Moty
This is squeeze play Right shoulder can break the low of left one and still go up {image}
add more money , then you can add long..better than wait..
  • #783,680
  • Oct 17, 2023 4:41am Oct 17, 2023 4:41am
Still holding long Pound has the potential to challenge yesterday's H support holding good in Asia and Lo .
average dude treading water
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