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Cable Update (GBPUSD)

  • #861,161
  • Jun 9, 2025 9:12am Jun 9, 2025 9:12am
Quoting ThaoAnh
{quote} {image}
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  • #861,162
  • Jun 9, 2025 9:14am Jun 9, 2025 9:14am
Quoting carbonmimeti
{quote} nice to meet you also here...did you see USDJPY on support?
UJ rejected 144.76
  • #861,163
  • Jun 9, 2025 9:17am Jun 9, 2025 9:17am
Quoting ThaoAnh
{quote} UJ rejected 144.76
exactly 70.7% of previous trend down
  • #861,164
  • Jun 9, 2025 9:21am Jun 9, 2025 9:21am
here it is USDJPY 5 min chart...hit 70.7%....USDJPY down and GBPUSD up
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  • #861,165
  • Jun 9, 2025 9:26am Jun 9, 2025 9:26am
Quoting carbonmimeti
{quote} sorry I don't understand...my previous chart is H1 time frame
Yeah! saw it and changed my request.

Already at your Support as well... coinciding with my friend BeeTogether Weekly pivot bounce off.

Good synergy.
Market Structure is the King.....
  • #861,166
  • Jun 9, 2025 9:31am Jun 9, 2025 9:31am
Quoting Guy1969
{quote} That's a high risk trade, last week's high will be taken out.
That high was around 3pm UK time, meaning London was in on it. NfP was great last week. I see that high staying in until the monthly pivot at 3396 is touched. For me, 3420 area should be touched before that high is attacked. Just my thoughts.
  • #861,167
  • Jun 9, 2025 9:31am Jun 9, 2025 9:31am
Quoting Mitiblotch
Short 3574. TP 3420.
TP 3541. +33 pips in the bag.
  • #861,168
  • Jun 9, 2025 9:39am Jun 9, 2025 9:39am
Quoting ChiForex
At some time this month, GU would have to retrace to ~1.3220 and EU to ~1.1140. Trade accordingly.. Like the higher it goes the more profit to gain later..
Reminder...
Trading D/W/M Charts. https://www.cashbackforex.com/#aid_10611
  • #861,169
  • Jun 9, 2025 9:49am Jun 9, 2025 9:49am
Quoting ChiForex
GU heading to 1.3390s this week while EU to 1.1230
Just to remind you, you posted this two weeks ago...
  • #861,170
  • Jun 9, 2025 9:51am Jun 9, 2025 9:51am
tight range .
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  • #861,171
  • Jun 9, 2025 9:56am Jun 9, 2025 9:56am
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yes yes yes
  • #861,172
  • Jun 9, 2025 10:02am Jun 9, 2025 10:02am
Quoting Mitiblotch
{quote} That high was around 3pm UK time, meaning London was in on it. NfP was great last week. I see that high staying in until the monthly pivot at 3396 is touched. For me, 3420 area should be touched before that high is attacked. Just my thoughts.

1.36600 is the end of H4 Wave5, then back to 1.34050 for A of the ABC correction. Good luck.
  • #861,173
  • Jun 9, 2025 10:15am Jun 9, 2025 10:15am
Quoting Guy1969
{quote} 1.36600 is the end of H4 Wave5, then back to 1.34050 for A of the ABC correction. Good luck.
That's good. I personally don't do waves, as I don't believe they can predict anything. However, to avoid missing out I will sell any rips towards 3600.
  • #861,174
  • Jun 9, 2025 10:18am Jun 9, 2025 10:18am
Quoting Yngwie
just for fun long 1.3540
If pass 1.3580 we go 1.3625
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #861,175
  • Jun 9, 2025 10:35am Jun 9, 2025 10:35am
We are waiting for the area 3333-3335 to enter a sell position - we have to wait and see what happens there. If the conditions are good, you can enter the position with a breakout.

Approaching a very strong dynamic resistance area - we are waiting to see the reaction to this level and then decide to trade.

@signal_apadana
tlgrm
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  • #861,176
  • Jun 9, 2025 10:40am Jun 9, 2025 10:40am
Quoting ThaoAnh
{quote} {image}
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  • #861,177
  • Jun 9, 2025 10:50am Jun 9, 2025 10:50am
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yes yes yes
  • #861,178
  • Jun 9, 2025 11:06am Jun 9, 2025 11:06am
always update for the graph one hour....
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  • #861,179
  • Jun 9, 2025 11:10am Jun 9, 2025 11:10am
Quoting signlapadana
We are waiting for the area 3333-3335 to enter a sell position - we have to wait and see what happens there. If the conditions are good, you can enter the position with a breakout. Approaching a very strong dynamic resistance area - we are waiting to see the reaction to this level and then decide to trade. @signal_apadana tlgrm {image} {image}
sorry...I see you use DT in real time...sometimes I use it too using MT4 as a bridge...one question: why don't you use the Time features?
  • #861,180
  • Jun 9, 2025 11:12am Jun 9, 2025 11:12am
Quoting carbonmimeti
always update for the graph one hour.... {image}
carbonmimwri, please, don't cut the axes with value and time on your posted charts, so we know what to focus on. Nice chart. Any technical analysis work if we know what to look for.
Always trade your own plan...I don't provide trading signals.
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