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Cable Update (GBPUSD)

  • #787,401
  • Nov 2, 2023 2:33am Nov 2, 2023 2:33am
G/M, 2 attempts to get south of the prev 1hr/4hr sw lo zone that extends down to 2090 yesterday resulted in demand both times and a pinbar dly candle as a result. this has seen an upside follow thr4u to a new hi in Asia and was followed by a pullback from the Asian/current dly hi. Asian lo is presently the current dly lo. Early London forex desks in play now.

Still rangy 1hr, 4hr and dly t/f.s

1hr below
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Trader with an Edge.
  • #787,402
  • Nov 2, 2023 2:34am Nov 2, 2023 2:34am
GU

Several high impact news for today and tomorrow.
Price will be manipulated by MM for discount liquidity and getting premium for selling.

As at this hour, this is my projection of price movement towards NYO and up coming high impact data release.
Price will move whenever it likes, this is just my view based on Price Action.
Will revise once price start to move.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #787,403
  • Nov 2, 2023 2:39am Nov 2, 2023 2:39am
eu long

bit by bit… don’t be greedy
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My telegram: https://t.me/avidforex
  • #787,404
  • Nov 2, 2023 2:40am Nov 2, 2023 2:40am
...bounce off the major asc dly trend line that joins 0327 with 2069 and the top oid that desc equidistant channel @ y/day's lo. You can see that the current dly hi just went into the dly and 4hr part of the prev 1hr/4hr/minor dly sw hi zone that extends up to 2199/2200 current wkly hi.

Intraday is bullish overall so far today.

4hr below
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Trader with an Edge.
  • #787,405
  • Nov 2, 2023 2:41am Nov 2, 2023 2:41am
Hi, Today my view on Gu. I may b wrong but i think buy want this area. i will sell from there if i find any setup. for the time being i am in buys.
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  • #787,406
  • Nov 2, 2023 2:44am Nov 2, 2023 2:44am
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  • #787,407
  • Nov 2, 2023 2:44am Nov 2, 2023 2:44am
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yes yes yes
  • #787,408
  • Nov 2, 2023 2:46am Nov 2, 2023 2:46am
Quoting Pat Chiko
GU Several high impact news for today and tomorrow. Price will be manipulated by MM for discount liquidity and getting premium for selling. As at this hour, this is my projection of price movement towards NYO and up coming high impact data release. Price will move whenever it likes, this is just my view based on Price Action. Will revise once price start to move.{image} {image} {image}
GU

Going down to H1 TF, this is my view on current price movement projection.
These moves are manipulation for LQ grab as well filling up the value gap area.

Not a guarantee, as we trade on what we see, not what we anticipated.
Best learning happens is to show in live markets.

No emotions ever , all we see in chart with logic and narrative from HTF.
A reminder for us to avoid taking take low probability trades, and find solid set up to take.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #787,409
  • Nov 2, 2023 2:48am Nov 2, 2023 2:48am
Quoting BigNumbers
eu long bit by bit… don’t be greedy {image}
dx is going to close the gap
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yes yes yes
  • #787,410
  • Nov 2, 2023 2:50am Nov 2, 2023 2:50am
...price entering a wide pot rbs zone on 1hr

1hr below
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Trader with an Edge.
  • #787,411
  • Nov 2, 2023 2:51am Nov 2, 2023 2:51am
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This is demo
Intraday only.
  • #787,412
  • Nov 2, 2023 2:51am Nov 2, 2023 2:51am
Quoting Yngwie
Just for a few bucks.. sold 1.2193
closed 30p
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #787,413
  • Nov 2, 2023 2:52am Nov 2, 2023 2:52am
Quoting navk
{image}
revenge trades?
  • #787,414
  • Nov 2, 2023 2:53am Nov 2, 2023 2:53am
This is live.
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Intraday only.
  • #787,415
  • Nov 2, 2023 2:55am Nov 2, 2023 2:55am
Quoting Abeeha
Hi, Today my view on Gu. I may b wrong but i think buy want this area. i will sell from there if i find any setup. for the time being i am in buys. {image}
Nice chart sister.

GU

From my view, price need enough liquidity to get moving.
Liquidity is the fuel, without it price will consolidate.

Here's my chart on those point above.
I will wait a bit to get into long position, in case price push lower for more liquidity at "kink"
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #787,416
  • Nov 2, 2023 2:57am Nov 2, 2023 2:57am
Quoting hoda
{quote} My view: Bull run will start from 1.2159-1.2150 Area. {image}
Nice chart, great Price Action analysis.
Keep it up.

I will copy you.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #787,417
  • Nov 2, 2023 2:57am Nov 2, 2023 2:57am
Quoting Headland
...price entering a wide pot rbs zone on 1hr 1hr below {image}
This potential (pot) rbs zone also exists on 2hr t/f, so be looking for 30min bullish hidden div and possibly drop down to 5min to time entry, but there is no real uptrend on 2hr (+) so it is a lower in probability set-up if it does develop.
Trader with an Edge.
  • #787,418
  • Nov 2, 2023 3:03am Nov 2, 2023 3:03am
i think 2160-2155 is a good spot to buy
trading is like dancing, don't think and just listen to the music!
  • #787,419
  • Nov 2, 2023 3:04am Nov 2, 2023 3:04am
Long 1.2159 SL 1.2150
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #787,420
  • Nov 2, 2023 3:07am Nov 2, 2023 3:07am
bounce area 2147...will long there
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