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Cable Update (GBPUSD)

  • #792,341
  • Edited 3:46pm Nov 23, 2023 1:54am | Edited 3:46pm
G/M, bearish-bodied inverted hammer type dly candle y/day saw 2559 confirmed as the 2nd consecutive HH on dly t/f, after 4 consec HL,s, last one being 2373. So far today a slight break above Asian hi. Asian lo is presently the current dly lo. Chart below shows where rbs was encountered @ y/day's dly lo.

4hr below
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Trader with an Edge.
  • #792,342
  • Nov 23, 2023 1:55am Nov 23, 2023 1:55am
GU to go down today unless it rains where I am then it will go up " Port Isaac weather report, cloudy but no rain"...
  • #792,343
  • Nov 23, 2023 2:00am Nov 23, 2023 2:00am
Quoting Waveskierrob
GU to go down today unless it rains where I am then it will go up " Port Isaac weather report, cloudy but no rain"...
That is why it is important to know how to trade both ways at once!
  • #792,344
  • Nov 23, 2023 2:03am Nov 23, 2023 2:03am
...supply could be encountered circa 2536-73 if tested?

1hr below
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Trader with an Edge.
  • #792,345
  • Nov 23, 2023 2:06am Nov 23, 2023 2:06am
Quoting Headland
...supply could be encountered circa 2736-73 if tested? 1hr below {image}
Please confirm your level, 2736-73?
  • #792,346
  • Nov 23, 2023 2:09am Nov 23, 2023 2:09am
squeezer mf i am not afraid of you
Attached Image (click to enlarge)
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yes yes yes
  • #792,347
  • Nov 23, 2023 2:10am Nov 23, 2023 2:10am
Quoting dantpm
{quote} Please confirm your level, 2736-73?
Hi, lol, sorry 2536-73 - you can see on 1hr above those prev sw hi zones = prev res = pot res are coexistent with each other up to that 2573 hi. Have altered it on my post above. Typo. Prev 1hr/4hr sw hi zone to y/day's 2549 hi the 1st one.

Bulls currently negotiating bottom of a prev minor 30min sw lo zone = prev supp = pot sbr.

30min/1hr bearish hidden div present, and will probably stay good whilst under y/day's 2549 hi, but no next higher t/f downtrend to enter for either.
Trader with an Edge.
  • #792,348
  • Nov 23, 2023 2:11am Nov 23, 2023 2:11am
prepare for spike 20-40pips up or down
  • #792,349
  • Nov 23, 2023 2:11am Nov 23, 2023 2:11am
Cable 1.25200 short
  • #792,350
  • Nov 23, 2023 2:14am Nov 23, 2023 2:14am
UJ good place to try a long. Targeting 150.78
  • #792,351
  • Nov 23, 2023 2:16am Nov 23, 2023 2:16am
Quoting Headland
{quote} Hi, lol, sorry 2536-73 - you can see on 1hr above those prev sw hi zones = prev res = pot res are coexistent with each other up to that 2573 hi. Have altered it on my post above. Typo. Prev 1hr/4hr sw hi zone to y/day's 2549 hi the 1st one. Bulls currently negotiating bottom of a prev minor 30min sw lo zone = prev supp = pot sbr. 30min/1hr bearish hidden div present, and will probably stay good whilst under y/day's 2549 hi, but no next higher t/f downtrend to enter for either.
I know, it was a test, you were just trying to see if anyone was paying attention.
  • #792,352
  • Nov 23, 2023 2:18am Nov 23, 2023 2:18am
waiting retest 1 st confirmation level !
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #792,353
  • Nov 23, 2023 2:19am Nov 23, 2023 2:19am
Short GU 2520, pendings 30 and 40
People don't plan to lose. They lose because they don't plan.
  • #792,354
  • Nov 23, 2023 2:22am Nov 23, 2023 2:22am
Closed Gbpusd short have gone long to 1.25360
  • #792,355
  • Nov 23, 2023 2:24am Nov 23, 2023 2:24am
gu bounce area 2530...i put sell limit there
  • #792,356
  • Nov 23, 2023 2:25am Nov 23, 2023 2:25am
Gbpusd short is in the area which Birdland specifies on his chart. Have a look
  • #792,357
  • Nov 23, 2023 2:27am Nov 23, 2023 2:27am
If anyone pays any attention to volumes, checking the hourly Trradingview volume, it is obvious that todays activity is much below average or yesterday ....
Could mean more volatility if the market actually wants to move price....
  • #792,358
  • Nov 23, 2023 2:27am Nov 23, 2023 2:27am
Gold 1992 look to close short and go long.
  • #792,359
  • Nov 23, 2023 2:28am Nov 23, 2023 2:28am
...almost 76.4% of y/day's fall recovered @ current dly hi which is @ top of that prev 30min sw lo zone = pot sbr. 1st upside break of Asian hi going on.

1hr below
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Trader with an Edge.
  • #792,360
  • Nov 23, 2023 2:29am Nov 23, 2023 2:29am
Quoting dantpm
If anyone pays any attention to volumes, checking the hourly Trradingview volume, it is obvious that todays activity is much below average or yesterday .... Could mean more volatility if the market actually wants to move price....
There's been little news of interest, and apparently it's a week where some of you celebrate the imperial system or something.

It would be weird if there WASN'T low volume

I think your hope for volatility is going to be left wanting. Be nice if I'm wrong, though. This shit is boring.
Congratulations ScalaFX for coming out of the closet!
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