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Cable Update (GBPUSD)

  • #858,601
  • Apr 22, 2025 3:17am Apr 22, 2025 3:17am
GBP/USD: The Wizard's Descent from the Double Top Mountain

GBP/USD 4H chart shows Double Top
The Treasure Hunter indicator has shifted color, signaling bearish momentum building (Hero taking damage)
Our Wizard's Journey progress bar indicates we're at 50% completion of the Mountain Pass, suggesting we're at a prime reversal point
Currently testing Elite Level 235 resistance zone (2345 XP), with declining XP Progress (35%)

Forecast:

Anticipating a significant pullback from current resistance
Initial Minion Zone at 1.3200 provides first target level
Watch for confirmation with HERO's Health declining from current 100%

Trading Strategy:

Short position opportunity forming with ELITE LvL 2 resistance rejecting price advance
Stop loss placement above Double Top at 1.3750
Risk/reward favorable with multiple support levels to target
Watch 4H candle closes below 1.3690 for entry confirmation

Quest Status: Active - Prepare for the wizard's descent from the mountain peak!

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 57 KB

  • #858,602
  • Edited 5:07am Apr 22, 2025 3:47am | Edited 5:07am
Double top to d bottom play at last , again waiting the bounce !
Supply force working strong still , unable bounce and still in strong bull at top , even breaks and back 3362. Anyway be set only after 3400 breaks and hold.waiting
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GBPUSDM5 (1).png Size: 10 KB
Click to Enlarge Name: download - 2025-04-22T135131.865.png Size: 15 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #858,603
  • Apr 22, 2025 3:52am Apr 22, 2025 3:52am
Quoting Theoak
{quote} Short 1.3391 target 20 pips
If it breaks the 5 min lows shorting again for another 20 pips
Don't trade what you think. Just what you see!!!
  • #858,604
  • Apr 22, 2025 3:59am Apr 22, 2025 3:59am
Quoting Theoak
{quote} If it breaks the 5 min lows shorting again for another 20 pips
Double bottom long in at 1.3386
Don't trade what you think. Just what you see!!!
  • #858,605
  • Apr 22, 2025 4:06am Apr 22, 2025 4:06am
I think that might have been the extent of the down move.
  • #858,606
  • Apr 22, 2025 4:10am Apr 22, 2025 4:10am
narrow range for major pairs again.

my bias for stronger yen remains. will look for short set ups in yen pairs.
Attached Image (click to enlarge)
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  • #858,607
  • Apr 22, 2025 4:25am Apr 22, 2025 4:25am
back to the original plan
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 26 KB
yes yes yes
  • #858,608
  • Edited 5:26am Apr 22, 2025 5:06am | Edited 5:26am
Testing 3362 low , early signal 3480 and early confirmation 3390
Early signal eurusd 1516
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #858,609
  • Apr 22, 2025 5:21am Apr 22, 2025 5:21am
hI

THE ONLY STRATEGY YOU NEED IT TIME
MY OPINION NOT FINANCIAL ADVISE
  • #858,610
  • Apr 22, 2025 5:37am Apr 22, 2025 5:37am
i am new to trading last 2 year i wasted more money and thought the trading as gambling now i finnally understood what is trading. now i started ict trading idk its good or not but i wish to create a trading system own.

what about my analyze any suggestions
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  • #858,611
  • Apr 22, 2025 5:45am Apr 22, 2025 5:45am
Quoting sharingan9
GU kinda sluggish and as it stands right now based on todays move it looks like if price were to make it to Monthly R2(3272) by tomorrow we would be in an extrastrength up trend for that day in which case I would wait until price reached monthly mR3(3401) with a weaker move in the day before shorting.
Price at 3401 with weak move in the daily. H4 was weak move as well although it did show a bit of strength by hitting H4 R1 but H1 did open below the monthly mR3 and value was found at lower prices below H1 middle pivot so I shorted with target 3272. Bit of a ambitious target but it may make its way back to the monthly R2

Attached Image (click to enlarge)
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  • #858,612
  • Apr 22, 2025 6:25am Apr 22, 2025 6:25am
It's a buy later to trade the bounce up.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_2025-04-22_12-23-38.png Size: 21 KB
I only follow traders with IQ above 160
  • #858,613
  • Apr 22, 2025 6:57am Apr 22, 2025 6:57am
Quoting hishortheone
i am new to trading last 2 year i wasted more money and thought the trading as gambling now i finnally understood what is trading. now i started ict trading idk its good or not but i wish to create a trading system own. what about my analyze any suggestions {image}
The money is short dollar, GU will bounce above 1.3400 again.
  • #858,614
  • Apr 22, 2025 7:19am Apr 22, 2025 7:19am
Quoting Guy1969
{quote} The money is short dollar, GU will bounce above 1.3400 again.
That's very conservative. Trump really dislike a strong USD.
  • #858,615
  • Apr 22, 2025 7:31am Apr 22, 2025 7:31am
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW1.png Size: 33 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #858,616
  • Apr 22, 2025 8:12am Apr 22, 2025 8:12am
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW1.png Size: 33 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #858,617
  • Apr 22, 2025 8:24am Apr 22, 2025 8:24am
Quoting hishortheone
i am new to trading last 2 year i wasted more money and thought the trading as gambling now i finnally understood what is trading. now i started ict trading idk its good or not but i wish to create a trading system own. what about my analyze any suggestions {image}
been five years for me and the road is quite stretched but as they say in trading the weak have their corner next to the exit, with remorseful experience ever in their life
MARKET ABHORS LAZINESS,DOING MY HOMEWORK ....
  • #858,618
  • Edited 9:12am Apr 22, 2025 8:25am | Edited 9:12am
Increases risk suddenly both gbpusd and eurusd but within control and still can look for bounce too. So signAl gbpusd 3384 retest and breaks and eurusd may react at 1449 sr . Ok let's see 3380 and 85 importany try next if !
Earliest signal 3370 breaks and hold

Reject 3370 reaction and likely retest next with bottom reaction , 3374 better signal now
Yes 3370 testing very fast , next watch 3375/ 80 and 85 confirm to restart bounce again if as per !
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GBPUSDM30 (1).png Size: 10 KB
Click to Enlarge Name: GBPUSDH12.png Size: 10 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #858,619
  • Apr 22, 2025 8:55am Apr 22, 2025 8:55am
1.38500 was a key level for USDCAD bulls, they failed at the exact same place 2 days in a row, opening up for GU to run higher. Inverse correlation currently -93
Attached Image (click to enlarge)
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  • #858,620
  • Apr 22, 2025 9:10am Apr 22, 2025 9:10am
Thumbs up if you think Cable closes Green for the day.
Thumbs down if you think Cable goes Red for the day.
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