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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

Quoting Konichiwhaat
{quote} This daily candle is about to close slightly bullish. In this case I will place some buy stops now at 3080 to catch any potential breakout
Okie dokie, buys triggered... lets see?
Emotional Control. Process, not outcome.
Quoting Headland
{quote} Hi. Au contraire. the 1hr and 4hr charts are packed with previous swing hi zones = potential resistance up to 3175, as well as fibs, fib clusters, potentially descending trend line (s,) and calculated pivots. I would be very surprised/amazed if there were no sellers between the current dly hi and there, if tested by price!
Intention at resistant zone is to look out for either Continuity in Buy or Reversal to the downside. It's a two way scenario depending on whatever unfold from price reaction.
Market Structure is the King.....
Quoting Abeylyn
{quote} Intention at resistant zone is to look out for either Continuity in Buy or Reversal to the downside. It's a two way scenario depending on whatever unfold from price reaction.
Hi. yes of course, break or bounce is the decision @ potential resistance, (and convesrely @ potential support,) even if the 'reversal' turns out to be just a pullback (of whatever duration/size,) not a full-blown 'reversal.' And I would add, in a next higher t/f (+) trend, be looking for repeating ways to get back in the trend @ a discount, after a p/back.
Intraday swinger @ 30min+ supp/res, & 5min+ sbr/rbs, via 1min+ set-ups
Quoting ScalaFX
{quote} add 0907 EU GU 3040
GU closing first 3050 last this 3040 protected, EU still developing
People don't plan to lose. They lose because they don't plan.
GBPUSD, Long Trade @1.305, risk free {locked) Target 1.32, Current PA trying resistance after making solid breakdown, nearest Resistance @1.308/1.31
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au ah, gelap !!
Quoting Waveskierrob
{quote} BE now at 1.2700 will be going easy now with adding SHORTS ...
We have programmed Price not to go down today. Market and traders are tired of stagnation so we need to move ..

No room for double triangular corrective structure.

Don't mind me please....
Market Structure is the King.....
13080 resisting to break further. 131-13120 should be do able today
Insane in the Brain..
Quoting BeeTogether
13080 resisting to break further. 131-13120 should be do able today
If usdx correct and hold today then minimum correct up gu is 3174 , if more burst then 3238 all possible , even if 3023 test breaks at down in the trap setting/ fakeout !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
Wait breakout to confirm so I can trade the continuation.
With courage, patience, and discipline, success is a matter of time.
Sold 1.3096
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
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Quoting Moty
{image}
R3 should happen especially if the US data later is red. If I’m not mistaken it’s not a major data release either but it may just be enough to help push upwards
Insane in the Brain..
Took profit at 13080 will re-enter if it drops below 13070


edit long again at 13079 we could just be restarting the move up
Insane in the Brain..
Quoting Headland
{quote} Hi. yes of course, break or bounce is the decision @ potential resistance, (and convesrely @ potential support,) even if the 'reversal' turns out to be just a pullback (of whatever duration/size,) not a full-blown 'reversal.' And I would add, in a next higher t/f (+) trend, be looking for repeating ways to get back in the trend @ a discount, after a p/back.
Yeah, also recognize resistant at 1.310/7 but counted as an issue of Trade Management otherwise I 'll begin to reason like an Intraday trader. The main focus is at 1.3170 and 1.3220 for me. It doesn't really matter if price revisit my entry for long @ 1.3050/60 b4 final takeoff.

Hope it moves my way.
Market Structure is the King.....
Red news in 1 hour.

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Together we can be strongest
Quoting palpite
Red news in 1 hour. {image}
Probably will happen this. Just an idea, let's see.

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Together we can be strongest
Quoting BeeTogether
Took profit at 13080 will re-enter if it drops below 13070 edit long again at 13079 we could just be restarting the move up
Suddenly wake up with some unknown call ! The last leg up very ugly looking , 3070 limit impossible to respect , bottom likely test breaks next possible from now top or 3120! Very risky news time next!
Take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
Quoting fontu
{quote} Suddenly wake up with some unknown call ! The last leg up very ugly looking , 3070 limit impossible to respect , bottom likely test breaks next possible from now top or 3120! Very risky news time next! Take care {image}
I have a feeling that the news won’t be a major mover.. could be wrong. What it might do is if red (today) may help with the PA.
Insane in the Brain..
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The market hides a perfect geometry.
Quoting BeeTogether
{quote} I have a feeling that the news won’t be a major mover.. could be wrong. What it might do is if red (today) may help with the PA.
May be but natural pa not good or safe anyway yet ! news may change it ! If not able prevent breaks 3068 may do at ! 3042 / 49 or 35
High impact news not US though !
Not understand?better not follow my analyses!doubt clearer first, risks ++
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