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Cable Update (GBPUSD)

  • #834,721
  • Aug 8, 2024 5:23am Aug 8, 2024 5:23am
Quoting josip
MY VIEW GBPUSD H1 trendlines and double bottom pattern {image}
my view
H1 update1

gbpusd
trendlines
and double bttm pattern still live
and DXY trendline H1 (pic2)
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Trendlines H1,H4, SMC
  • #834,722
  • Aug 8, 2024 5:36am Aug 8, 2024 5:36am
nice Wyckoff after sweep builing, that can reverse the trend to up
People don't plan to lose. They lose because they don't plan.
  • #834,723
  • Aug 8, 2024 5:46am Aug 8, 2024 5:46am
Attached Image (click to enlarge)
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yes yes yes
  • #834,724
  • Aug 8, 2024 5:54am Aug 8, 2024 5:54am
when the DX decides to absorb its NFP candle, GU may finally dip to ~1.256

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Air force
  • #834,725
  • Aug 8, 2024 5:59am Aug 8, 2024 5:59am
Quoting Moty
{image}
For 60 pips
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yes yes yes
  • #834,726
  • Aug 8, 2024 6:09am Aug 8, 2024 6:09am
Checking pa , take care
Bounce target can be 2708
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #834,727
  • Aug 8, 2024 6:22am Aug 8, 2024 6:22am
GBPUSD - Buy

Attached Image (click to enlarge)
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Together we can be strongest
Vantage Return This Month: na
  • #834,728
  • Aug 8, 2024 6:47am Aug 8, 2024 6:47am
Quoting Georginson
Bought gbpusd 1.2672... target 1.2720... stop at 1.2642
Exited at 1.2692... +20 pips .. super slow price action made me decide.
Data + Stat + Risk/Emotions Management
  • #834,729
  • Aug 8, 2024 6:53am Aug 8, 2024 6:53am
Quoting W0lfram
when the DX decides to absorb its NFP candle, GU may finally dip to ~1.256 {image} {image}
The last fall from previous high of 1.2893 terminated at 1.2299... almost 600 pips fall... This quarter began bullish and now retracing towards the opening price of July being 1.2653... price may attack 1.2450 before big bounce... Also noteworthy that most August ends bearish... See July August 2023.
Data + Stat + Risk/Emotions Management
  • #834,730
  • Aug 8, 2024 6:54am Aug 8, 2024 6:54am
Quoting Moty
{quote} Unbelievable part 2 {image}
I did the analisys in the chart Daily and the price can drop more 50%, so let's to sell the MA200-H1.

Attached Image (click to enlarge)
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Together we can be strongest
Vantage Return This Month: na
  • #834,731
  • Aug 8, 2024 7:05am Aug 8, 2024 7:05am
Bitcoin dump to 49k
  • #834,732
  • Aug 8, 2024 7:09am Aug 8, 2024 7:09am
Quoting Godspromise
Bitcoin dump to 49k
still waiting for 60k or more before drop
People don't plan to lose. They lose because they don't plan.
  • #834,733
  • Aug 8, 2024 7:13am Aug 8, 2024 7:13am
Quoting ScalaFX
{quote} still waiting for 60k or more before drop
that long daily wick and creation of 4 hr support had me believing its going to fall to there to fill then rise 60 then to 65k that long wick just seems to scream liquidity fill
  • #834,734
  • Aug 8, 2024 7:15am Aug 8, 2024 7:15am
Quoting ScalaFX
{quote} still waiting for 60k or more before drop
what makes you hold onto 60k maybe I'm not seeing something I'm still a newbie willing to learn
  • #834,735
  • Aug 8, 2024 7:18am Aug 8, 2024 7:18am
Quoting Godspromise
{quote} what makes you hold onto 60k maybe I'm not seeing something I'm still a newbie willing to learn
you cam be right, in BTC Im not searching all ghe waves, for me impotant is daily weekly levels, h4 too so I dont bother
People don't plan to lose. They lose because they don't plan.
  • #834,736
  • Aug 8, 2024 7:20am Aug 8, 2024 7:20am
Quoting Godspromise
{quote} what makes you hold onto 60k maybe I'm not seeing something I'm still a newbie willing to learn
look at daily zoom out and watch where the price mostly bounced before crush
People don't plan to lose. They lose because they don't plan.
  • #834,737
  • Aug 8, 2024 7:28am Aug 8, 2024 7:28am
Quoting Godspromise
Bitcoin dump to 49k
Fundamentally doubtful
Emotional Control. Process, not outcome.
  • #834,738
  • Aug 8, 2024 7:30am Aug 8, 2024 7:30am
Quoting ScalaFX
{quote} look at daily zoom out and watch where the price mostly bounced before crush
this is what I am seeing resistance formed at a strong zone to push down to break daily support to push below 48k
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  • #834,739
  • Aug 8, 2024 7:31am Aug 8, 2024 7:31am
Data is green this could open up a retest of todays low
the other data not on my FF calendar so may not be as important
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Insane in the Brain..
  • #834,740
  • Aug 8, 2024 7:33am Aug 8, 2024 7:33am
Quoting Moty
{quote} For 60 pips {image}
Yes yes yes
1st trade was stopped out for 10 pips
2nd trade gave 70 pips
Attached Image (click to enlarge)
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yes yes yes
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