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Cable Update (GBPUSD)

  • #795,621
  • Dec 7, 2023 3:45am Dec 7, 2023 3:45am
Quoting BeeTogether
Maybe a retrace day? Weekly pattern 3 days in one direction 4th day opposite then resume on Friday ( unless data dictates)
max bull on my chart is 2610 at middle bands H4...
then go down again maybe at NY..
down area at 2530 or max 2500 at daily midbands
maybe at NY news later..
but if H4 can break 2630 i think we will see 2700 today..
cmiiw
  • #795,622
  • Dec 7, 2023 3:47am Dec 7, 2023 3:47am
,show me the 1.26000
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Bye bye
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yes yes yes
  • #795,623
  • Dec 7, 2023 3:52am Dec 7, 2023 3:52am
Quoting Moty
,show me the 1.26000 {image}
Moty, I think you need to see this... my new analysis is potentially showing a big move to the downside...
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  • #795,624
  • Dec 7, 2023 4:01am Dec 7, 2023 4:01am
Pending sell at 1.2600
  • #795,625
  • Dec 7, 2023 4:06am Dec 7, 2023 4:06am
Quoting genadi
Pending sell at 1.2600
let’s hope it gets there
  • #795,626
  • Dec 7, 2023 4:11am Dec 7, 2023 4:11am
just add short 2589...will add more later..
  • #795,627
  • Dec 7, 2023 4:20am Dec 7, 2023 4:20am
Pull back
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yes yes yes
  • #795,628
  • Dec 7, 2023 4:23am Dec 7, 2023 4:23am
Quoting voeltoez
{quote} max bull on my chart is 2610 at middle bands H4... then go down again maybe at NY.. down area at 2530 or max 2500 at daily midbands maybe at NY news later.. but if H4 can break 2630 i think we will see 2700 today.. cmiiw
I bet at 1.27x
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Dangdut is a music of my country
  • #795,629
  • Dec 7, 2023 4:27am Dec 7, 2023 4:27am
Quoting Fardeen1209
{quote} Support retest from LH= bearish sign. So last last LL,LH before big money start positioning for NFP- Wave V {image} But who knows what the future will looks like, Friday close stopped out my previous Swing Shorts, need to reposition at a much lower prices. Hate those suckers who went for my previous invalidation level
Wave V
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5 fractals with small Wave (i) & (v) while a displacement candlestick[Wave (iii)] for NFP.

Quoting Fardeen1209
{quote} Same view here. Today and tomorrow is all about lure in bastards so Friday MMs called F-ck bastards day. I see 1.2535 before a push up. https://youtu.be/bKKrLj5ZHiM?si=BgWXtaO8W5mMwOei
4hr Dz

While some folks call EW is BS, is it really?
Complexity- can easily get lost on the fractals counting. But using different time frame confirms the wave counting.
More time in the market, does not mean you trade better!
  • #795,630
  • Dec 7, 2023 4:29am Dec 7, 2023 4:29am
DX, H1
we can rise from Support line
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Trendlines H1,H4, SMC
  • #795,631
  • Dec 7, 2023 4:40am Dec 7, 2023 4:40am
bullish for pound
Ret
  • #795,632
  • Dec 7, 2023 4:41am Dec 7, 2023 4:41am
Quoting voeltoez
just add short 2589...will add more later..
delicious
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  • #795,633
  • Dec 7, 2023 4:47am Dec 7, 2023 4:47am
Quoting voeltoez
{quote} max bull on my chart is 2610 at middle bands H4... then go down again maybe at NY.. down area at 2530 or max 2500 at daily midbands maybe at NY news later.. but if H4 can break 2630 i think we will see 2700 today.. cmiiw
nice confluency
I have max @ 2605

Im scalping Buys on M5 above 2580 until that 2605 level then we need to reassess
in wondering about yourself, you forgot what you came here to be part of
  • #795,634
  • Dec 7, 2023 4:51am Dec 7, 2023 4:51am
G/M, 3rd consecutive bearish dly candle y/day. So far today a small downside follow thru to a prev minor dly sw hi that begins @ 2559 where rbs was encountered. The move up from resulting 2544 current dly lo has seena 1st upside break out of the Asian hi (small pip rtange Asian session,) and has encountered res in a prev 30min minor sw hi zone - confluence with a 3 fib cluster, @ current dly hi.

dly then 1hr below
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Trader with an Edge.
  • #795,635
  • Dec 7, 2023 4:53am Dec 7, 2023 4:53am
Quoting knkie
{quote} nice confluency I have max @ 2605 Im scalping Buys on M5 above 2580 until that 2605 level then we need to reassess
good luck buddy
but for me safest trade is short only until 2630 break
.
  • #795,636
  • Dec 7, 2023 4:53am Dec 7, 2023 4:53am
Quoting Fardeen1209
{quote} Wave V {image} 5 fractals with small Wave (i) & (v) while a displacement candlestick[Wave (iii)] for NFP. {quote} 4hr Dz While some folks call EW is BS, is it really? Complexity- can easily get lost on the fractals counting. But using different time frame confirms the wave counting.
GU

Thanks for your interesting chart.
I copy you with some notes inserted.

We wait for the price to come there...which GU now becoming a slow motion trades.

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While enjoy the GBP/JPY free fall trades.
Bloody GJ..
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #795,637
  • Dec 7, 2023 4:55am Dec 7, 2023 4:55am
the circle indicator
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  • #795,638
  • Dec 7, 2023 4:57am Dec 7, 2023 4:57am
Quoting voeltoez
{quote} good luck buddy but for me safest trade is short only until 2630 break .
thanx Voel.
I do realise its a bit risky.
The only reason why im doing this is because H4 seems to be holding above the D1 support 2570
But it will run into H4 resistance around 2605.

I will take profit somewhere around 15-19 pips
in wondering about yourself, you forgot what you came here to be part of
  • #795,639
  • Dec 7, 2023 4:59am Dec 7, 2023 4:59am
...you can see on 4hr below where current dly hi is - in a prev 4hr minor sw lo zone = prev supp = pot sbr

4hr below
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Trader with an Edge.
  • #795,640
  • Dec 7, 2023 5:01am Dec 7, 2023 5:01am
gbpusd H1
to get higher we need to overcome 1.2595
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Trendlines H1,H4, SMC
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