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Cable Update (GBPUSD)

  • #830,781
  • Edited 5:34am Jun 28, 2024 5:21am | Edited 5:34am
Usdx miss direct bull train making a double top , near tl support still with next NY open and US news , react strong or tank for the day !
Similarly eurusd made a twist and skip ready bear but still in bear !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #830,782
  • Jun 28, 2024 5:33am Jun 28, 2024 5:33am
bulls are trying off that 23.6% in that prev 1hr minor sw hi zone = prev res = pot rbs

1hr below
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Trader with an Edge.
  • #830,783
  • Jun 28, 2024 5:37am Jun 28, 2024 5:37am
GU adding shorts target 2580, GOLD adding 2336, still underwater
People don't plan to lose. They lose because they don't plan.
  • #830,784
  • Jun 28, 2024 5:39am Jun 28, 2024 5:39am
Quoting ScalaFX
GU adding shorts target 2580, GOLD adding 2336, still underwater
12580 would be great it is fryday both bulls and bears have fun but there is data today also to add it’s month end quarter end and also 6 month end too
Insane in the Brain..
  • #830,785
  • Jun 28, 2024 5:58am Jun 28, 2024 5:58am
...3rd attempt to get south of that wide prev 4hr/dly/minor wkly sw hi zone that starts @ 2634, = prev res = pot rbs, rebuffed @ asian/current dly lo.

4hr/1hr below
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Trader with an Edge.
  • #830,786
  • Jun 28, 2024 6:03am Jun 28, 2024 6:03am
1.27 is the last line of defence of the bear. Successful breakouts from this zone will indicate of changing market direction. I hope not.
With courage, patience, and discipline, success is a matter of time.
  • #830,787
  • Jun 28, 2024 6:11am Jun 28, 2024 6:11am
A jerk is likely coming by 2 hours ! Better have sleep to join next ! Take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #830,788
  • Jun 28, 2024 6:12am Jun 28, 2024 6:12am
Quoting JameRomeo168
1.27 is the last line of defence of the bear. Successful breakouts from this zone will indicate of changing market direction. I hope not.
with you in that. For me anything below 12680 is a sell for time being. US data in less than 90 mins won’t help bears either as the economy seems to be stabilising
Insane in the Brain..
  • #830,789
  • Jun 28, 2024 6:32am Jun 28, 2024 6:32am
Quoting BeeTogether
{quote} with you in that. For me anything below 12680 is a sell for time being. US data in less than 90 mins won’t help bears either as the economy seems to be stabilising
All we need to do now is patiently waiting. Last day of week, month, and semester. I just cannot make impulse decision.

We also have election and NFP next week. So I hope I get one more profitable trade before that.
With courage, patience, and discipline, success is a matter of time.
  • #830,790
  • Jun 28, 2024 6:35am Jun 28, 2024 6:35am
weekly fibo.

whichway the price wants to end today ?

2570 and below today? That is what my fibo chart say.

As someone said, wednesday drop is key further down today
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Intraday only.
  • #830,791
  • Jun 28, 2024 6:41am Jun 28, 2024 6:41am
Just trade opposite Karen and you will be fine
People don't plan to lose. They lose because they don't plan.
  • #830,792
  • Jun 28, 2024 7:43am Jun 28, 2024 7:43am
pump and dump
People don't plan to lose. They lose because they don't plan.
  • #830,793
  • Jun 28, 2024 8:30am Jun 28, 2024 8:30am
People to note :

None of r1 or s1 tested today.
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Intraday only.
  • #830,794
  • Jun 28, 2024 8:36am Jun 28, 2024 8:36am
Crooky move
You shell show me the money
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yes yes yes
  • #830,795
  • Jun 28, 2024 8:56am Jun 28, 2024 8:56am
All volatility died a death it seems. Data was as expected so a slight spike up and back to pre data levels 12630 the area to crack. If it does we could get to 126 today which I will happily accept lol.
Insane in the Brain..
  • #830,796
  • Jun 28, 2024 9:09am Jun 28, 2024 9:09am
Quoting ScalaFX
GU adding shorts target 2580, GOLD adding 2336, still underwater
People don't plan to lose. They lose because they don't plan.
  • #830,797
  • Jun 28, 2024 9:29am Jun 28, 2024 9:29am
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I will succeed Not immediately... but definitely
  • #830,798
  • Jun 28, 2024 9:32am Jun 28, 2024 9:32am
Quoting BeeTogether
All volatility died a death it seems. Data was as expected so a slight spike up and back to pre data levels 12630 the area to crack. If it does we could get to 126 today which I will happily accept lol.

do you scalp?

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MY OPINION NOT FINANCIAL ADVISE
  • #830,799
  • Jun 28, 2024 9:37am Jun 28, 2024 9:37am
Quoting mrwealthy
{quote} Closer but might not get there before it sink
Good luck to London bridge & may the sink be minimal
  • #830,800
  • Jun 28, 2024 9:41am Jun 28, 2024 9:41am
Friday, GU will test the possibility of 1.2600.
The daily and 1-hour graphs are compatible
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