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Cable Update (GBPUSD)

  • #842,821
  • Edited 3:14am Oct 22, 2024 2:38am | Edited 3:14am
after successful breaks limit up , next price target/sr goes to 3031
and eurusd testing 0840 , retest may next for it and limit 0848 , like gu 3011 done

update . preparing for next leg up for targets , gbpusd jest below 3000 and eurusd 0832
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #842,822
  • Oct 22, 2024 2:53am Oct 22, 2024 2:53am
Quoting Pat Chiko
{quote} GU Up down up down, up, down..................... Watch the fib, if it is correction or break of structure confirmation of reversal. Take it easy and wait for confirmation{image} {image}
GU

pull back for "C"
Cash out some
Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #842,823
  • Oct 22, 2024 2:58am Oct 22, 2024 2:58am
Quoting Pat Chiko
GOLD may have come to end of EW3. Will be looking to SHORT next week if good set up present itself on H4.{image}
GOLD

Christmas comes in Oct.
Five Tuesday in Oct
Five Wednesday in Oct
Five Thursday in Oct.
It's called Money bag.
Happened every 11 years.

Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #842,824
  • Oct 22, 2024 3:06am Oct 22, 2024 3:06am
Quoting Pat Chiko
{quote} GU pull back for "C" Cash out some{image}
Hi, ambitious target Pat, Good Luck with it. One of the big players (I forget who,) published an advisory y/day - they were buying Gbpusd @ 3020 for a target in the 3300's.
---------------------------------------------------

...not much change bar one so far failed attempt (visible on lower t/f's,) to get north of the prev 30min sw hi zone = pot res leading to current dly hi.

1hr below
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Trader with an Edge.
  • #842,825
  • Edited 3:45am Oct 22, 2024 3:30am | Edited 3:45am
Quoting Pat Chiko
{quote} GU pull back for "C" Cash out some{image}
Attention should be down on GU not up though many challenges at various Support.

Price may likely not visit your (A) again before breakout to downside. A larger degree wave of 8 hourly have swallowed 4 hourly wave count due to compressed momentum.

Manage your risk accordingly and don't allow the MM swallow your profit.

Good day bro.
Market Structure is the King.....
  • #842,826
  • Oct 22, 2024 3:34am Oct 22, 2024 3:34am
Attached Image (click to enlarge)
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yes yes yes
  • #842,827
  • Oct 22, 2024 3:37am Oct 22, 2024 3:37am
...nice sell-off move re that 1hr bearish hidden div. 2 x failed upside b/o's of the Asian hi now (visible on the lower t/f's,) and one failed attempt to get north of the current dly hi. 76.4% of y/day's lo - current dly hi move given back @ the current p/back lo of that move.

1hr below
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Trader with an Edge.
  • #842,828
  • Oct 22, 2024 3:38am Oct 22, 2024 3:38am
rolling down again..
  • #842,829
  • Oct 22, 2024 3:54am Oct 22, 2024 3:54am
Expecting a lower low from this move down to 1.2950 area.
  • #842,830
  • Oct 22, 2024 3:56am Oct 22, 2024 3:56am
Quoting dude007
Expecting a lower low from this move down to 1.2950 area.
Hi. 2955 is where Dly S1 is @/around, (Dly S2 @/around 2925.) Next Wkly or Mthly calculated pivot is 2913, which is where Wkly S2 is @/around.
----------------------------------------------------------------------------------------------------------------------------------------------------------
Gmt+3hrs 4hr candle just closed as below.

4hr, then Downside fibs below
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Attached Image
Trader with an Edge.
  • #842,831
  • Oct 22, 2024 4:00am Oct 22, 2024 4:00am
Hope the speech of Andrew Bailey (BOE Gov) will not change the drop?
  • #842,832
  • Oct 22, 2024 4:11am Oct 22, 2024 4:11am
...can the bulls stage a fight back -or- will the bearish overall tone continue? Time will tell. (Zebi - this question is rhetorical - it doesn't necessarily mean I'm a bull, or indeed a bear!)
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Trader with an Edge.
  • #842,834
  • Oct 22, 2024 4:21am Oct 22, 2024 4:21am
Quoting Zebi
im goin to bed...i put in sell limit orders at 3001,3010 and 3020 see you all in the mornin looking for new lows this week

im placing stops to protect profits since bailey gona speak later and may get a spike which ill short if its a big spike LOL

and cancelled my unfilled order
short trump and go long the deepstate
  • #842,835
  • Oct 22, 2024 4:22am Oct 22, 2024 4:22am
Quoting Headland
...can the bulls stage a fight back -or- will the bearish overall tone continue? Time will tell. (Zebi - this question is rhetorical - it doesn't necessarily mean I'm a bull, or indeed a bear!) {image}
bulls have given up on all the days gains ! Pretty surprising move as usually it carry’s on and dithers till NYO
Insane in the Brain..
  • #842,836
  • Oct 22, 2024 4:24am Oct 22, 2024 4:24am
Come on mister mf
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yes yes yes
  • #842,837
  • Oct 22, 2024 4:28am Oct 22, 2024 4:28am
There was a rejection at limit eurusd , , anyway waiting retest ! Take care , if so gu Also towards top likely !
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #842,838
  • Oct 22, 2024 4:31am Oct 22, 2024 4:31am
Quoting BeeTogether
{quote} bulls have given up on all the days gains ! Pretty surprising move as usually it carry’s on and dithers till NYO
The current 15min. candle is the final strength of the buyers. Breakout of the current 15min. candle keeps the bear fully in charge.

Good day and have a nice pipping day buddy
Market Structure is the King.....
  • #842,839
  • Oct 22, 2024 4:32am Oct 22, 2024 4:32am
Thanks Zebi for that piece, I was actually interested in the impact it will have on USD.

It's all about the making money
  • #842,840
  • Oct 22, 2024 4:41am Oct 22, 2024 4:41am
Quoting Zebi
{quote} im placing stops to protect profits since bailey gona speak later and may get a spike which ill short if its a big spike LOL and cancelled my unfilled order
I just cancelled the stops cause I think price will make new lows and I don't want to get taken out for a pittance
short trump and go long the deepstate
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