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Cable Update (GBPUSD)

  • #836,881
  • Edited 2:28am Sep 2, 2024 1:41am | Edited 2:28am
As watching eurusd testing tl , so close long to check if short may start , watching , may same gbpusd too, no will wait for further up towards 3160 .take care

Eurusd giving signal for correction breaking 1059 , below 51 play likely before further try up
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #836,882
  • Sep 2, 2024 1:43am Sep 2, 2024 1:43am
Short activated .. morning all! New week month shenanigans let’s do this
Insane in the Brain..
  • #836,883
  • Sep 2, 2024 2:41am Sep 2, 2024 2:41am
Quoting BeeTogether
Short activated .. morning all! New week month shenanigans let’s do this
I will join you soon.

Waiting for pullback to 3168/87 zone.
Market Structure is the King.....
  • #836,884
  • Sep 2, 2024 3:04am Sep 2, 2024 3:04am
UJ up with GU and EU, something gonna dump hard and I think this will be UJ, while Im long at GU
People don't plan to lose. They lose because they don't plan.
  • #836,885
  • Sep 2, 2024 3:14am Sep 2, 2024 3:14am
Quoting Fardeen1209
Gold We are at a very interesting yet crucial point in the market. Possibility for reversal or continuation is on play. {image} We have passive sellers entering the market, and wonder how big the limit order is, that it takes all these touches to the resistance yet, fail to break. If today we get a weekly close below this resistance line, chances are we are going to dive. 2482 might be the next support zone. I want something to break before loading my swing shorts. PCE is expected to rise, and NFP next week.
GOld was thinking of this way of counting.
Since we dont control price, therefore dont know how the fractal wave will shape, we can only bet on the possibility.
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W.3 Cannot end before 100% of W.1, the fifth fractals ends between 100%-162% of W.1.

Lower timeframe structure, Wyckoff in formation,
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Anyone saw differently?
Would be happy to hear a different view.
More time in the market, does not mean you trade better!
  • #836,886
  • Sep 2, 2024 3:40am Sep 2, 2024 3:40am
Quoting Konichiwhaat
Another month. Lets go {image}
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  • #836,887
  • Sep 2, 2024 4:04am Sep 2, 2024 4:04am
Quoting mallee
{quote} {image}
Lovely level to work with
Emotional Control. Process, not outcome.
  • #836,888
  • Edited 5:37am Sep 2, 2024 4:07am | Edited 5:37am
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Last 4 September were bearish. Streak of 5? Probably not
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But good probabilities for a dip ~53-134 pips
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Air force
  • #836,889
  • Edited 5:02am Sep 2, 2024 4:42am | Edited 5:02am
G/M, last mth's 3266 hi came @ top of a prev sw lo zone = pot sbr on that t/f, that started @ 3161. The t/f closed August out rangy - bullish with a bullish candle close. Last wk's wkly candle however closed bearishly after testing the prev sw hi zone = pot res that extends up to 3298 on this t/f, and encountering sellers there @ the week's 3266 hi. The t/f closed the week out in a general uptrend. 3266 is the current yrly hi.

Mthy then Wkly below
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Trader with an Edge.
  • #836,890
  • Edited 5:03am Sep 2, 2024 4:46am | Edited 5:03am
...the dly t/f too (like the wkly) closed the month of August in an uptrend, (this t/f though being in a [so far @ least,] classic uptrend,) and Friday's lo came @ the 23.6% of the 2612-3266 move.
4hr might have begun a classic downtrend,? or at least it's general uptrend has been very much compromised. The last swing LL on this t/f came @ a prev sw lo zone = pot supp

Dly and 4hr below
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Trader with an Edge.
  • #836,891
  • Sep 2, 2024 4:48am Sep 2, 2024 4:48am
13130 seems to be support so far today.
Insane in the Brain..
  • #836,892
  • Sep 2, 2024 4:49am Sep 2, 2024 4:49am
...on 1hr price currently trades between a prev 30min sw hi zone = pot res, and a prev 1hr sw hi zone = pot rbs. 2 x false upside b/o's of the Asian hi now. Asian lo is presently the current dly lo.

1hr below
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Trader with an Edge.
  • #836,893
  • Sep 2, 2024 5:06am Sep 2, 2024 5:06am
i will be back next Monday
meanwhile , 20/50 r/r trade
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yes yes yes
  • #836,894
  • Sep 2, 2024 5:24am Sep 2, 2024 5:24am
Quoting BeeTogether
13130 seems to be support so far today.
i think it will drop hard..
  • #836,895
  • Sep 2, 2024 5:25am Sep 2, 2024 5:25am
...1hr is of course in a general downtrend. Small Asian session range, and only 26pips range all day today, so far.

1hr below
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Trader with an Edge.
  • #836,896
  • Sep 2, 2024 5:26am Sep 2, 2024 5:26am
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Together we can be strongest
Vantage Return This Month: -97.0%
  • #836,897
  • Sep 2, 2024 5:38am Sep 2, 2024 5:38am
Quoting Headland
...1hr is of course in a general downtrend. Small Asian session range, and only 26pips range all day today, so far. 1hr below {image}
was expecting a bit more movement especially this session as US is off today
Insane in the Brain..
  • #836,898
  • Sep 2, 2024 5:43am Sep 2, 2024 5:43am
Quoting BeeTogether
{quote} was expecting a bit more movement especially this session as US is off today
Hi. yeh that's what I was hoping for too. Won't stick around long now if it doesn't pick up a bit.
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...4hr shows 3 of the 4 fibs that made up a 4 fib cluster @ last week's/fri's lo. Price @ current dly hi challenged a prev 4hr sw lo zone = pot sbr, one above that too coexistent with it. If challenged again, we could see supply emerge initially anywhere up to circa 3163? Currently it's the prev 30min sw hi zone = pot res @ bottom of it that's containing the supply. (See 1hr chart above.)

4hr below
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Trader with an Edge.
  • #836,899
  • Sep 2, 2024 6:34am Sep 2, 2024 6:34am
Quoting palpite
{image}
GBPUSD - Sell

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Together we can be strongest
Vantage Return This Month: -97.0%
  • #836,900
  • Sep 2, 2024 6:36am Sep 2, 2024 6:36am
Quoting BeeTogether
{quote} was expecting a bit more movement especially this session as US is off today
You was in a bit early corrections go A abc (the abc is corrective) C with C having 5 , you entered after 3 , only targeting 3078 with this short , i am up to 36K profit since Friday this one might send it over 40k
Follow The Markets Structure - Patience and Discipline
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