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Cable Update (GBPUSD)

  • #862,481
  • Jul 8, 2025 7:08am Jul 8, 2025 7:08am
Quoting Mitiblotch
{quote} I missed that 3540 as I set my TP at 3535. It should continue but I'll wait to short higher if it happens. I lost some money on the long and quickly switched short and made some. Still on some deficit.
It just dropped below 3535.
  • #862,482
  • Jul 8, 2025 7:18am Jul 8, 2025 7:18am
Quoting Mitiblotch
{quote} I missed that 3540 as I set my TP at 3535. It should continue but I'll wait to short higher if it happens. I lost some money on the long and quickly switched short and made some. Still on some deficit.
Right now watching GBPAUD, once price settles, I plan a reversion trade long, back to my H4 pivot >2.09500.
  • #862,483
  • Jul 8, 2025 7:37am Jul 8, 2025 7:37am
Fib Ext. Typical swing low spot. Past reaction gives more confidence. Still having an eye on bigger structure and its extensions to confirm a turn
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Trade what you see
  • #862,484
  • Jul 8, 2025 8:01am Jul 8, 2025 8:01am
Finally below 3300
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Insane in the Brain..
  • #862,485
  • Jul 8, 2025 8:10am Jul 8, 2025 8:10am
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yes yes yes
  • #862,486
  • Jul 8, 2025 8:14am Jul 8, 2025 8:14am
Quoting Guy1969
{quote} It just dropped below 3535.
I should have held on till TP. Good trades you took.
  • #862,487
  • Edited 9:02am Jul 8, 2025 8:16am | Edited 9:02am
checking eurusd , as it instead test 1770 to back 1681 . confirmation level but i did today without testing 1770 to that level / so it may bounce more than that before further bear continuation . so bounce chance more eurusd . though both eurusd and gbpusd likely bear continue possible for better supports down. break out upside signal 1711 for target 1733 + to target 1765+ possible
in other chart gbpusd intermediate target was 3513 !
looks playing other than computer charting is very difficult , but mobile replaced it already !

before 3585 , watching 3574 limit as testing now, done successfully , so 3584/86 confirm for bounce as starts ! , eurusd test 1711 too and broken as well./
then immediate targets can be 1737 and 1760 eurusd and gbpusd 3586 and 3620
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #862,488
  • Jul 8, 2025 8:19am Jul 8, 2025 8:19am
Come on mf
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yes yes yes
  • #862,489
  • Jul 8, 2025 8:27am Jul 8, 2025 8:27am
Quoting msqk
{quote} After observing the market with a deeper perspective I had to leave the buyer @ 3671 reason ; 1 The market was in the 4th wave on thursday,but the premium threshold for bear was missing and the 3703 was intact(not violated) as invalidation level of 4th wave I quoted it previously. 2 Friday the equilibrium morphed to accommodate the missing premium threshold for bear, @3656 during Asian, to the 5th wave swing. 3 But the Bull breakout @ 3643 is still valid but the stop loss have to be wide to accommodated the 5th wave end, thus a BULL JUDAS...
The JUDAS IN THE MAKING mentioned earlier, this was the picture on forecast,
the wide stop loss were to be @ 3507
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MARKET ABHORS LAZINESS,DOING MY HOMEWORK ....
  • #862,490
  • Jul 8, 2025 8:36am Jul 8, 2025 8:36am
Quoting ghbdr
Fib Ext. Typical swing low spot. Past reaction gives more confidence. Still having an eye on bigger structure and its extensions to confirm a turn {image}
that 127-161.8 FVG is yummy
MARKET ABHORS LAZINESS,DOING MY HOMEWORK ....
  • #862,491
  • Jul 8, 2025 8:45am Jul 8, 2025 8:45am
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yes yes yes
  • #862,492
  • Jul 8, 2025 9:44am Jul 8, 2025 9:44am
gona take some doin for GU to get back over that long term support

go dollar go
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short trump and go long the deepstate
  • #862,493
  • Jul 8, 2025 9:52am Jul 8, 2025 9:52am
Quoting Zebi
gona take some doin for GU to get back over that long term support go dollar go {image}
I've been looking at that area and don't know if to trust it. The weekly chart makes me wary of committing fully to bears. Although now the monthly pivot at 3625 is another hurdle which bears may find very difficult to cross over.
  • #862,494
  • Jul 8, 2025 9:58am Jul 8, 2025 9:58am
Quoting Mitiblotch
{quote} I've been looking at that area and don't know if to trust it. The weekly chart makes me wary of committing fully to bears. Although now the monthly pivot at 3625 is another hurdle which bears may find very difficult to cross over.
as long as our villiage idiot doesnt do the taco dance the dollar shud be goin up till aug 1st i think
short trump and go long the deepstate
  • #862,495
  • Jul 8, 2025 10:52am Jul 8, 2025 10:52am
Quoting Zebi
{quote} as long as our villiage idiot doesnt do the taco dance the dollar shud be goin up till aug 1st i think
muzzle removed…
Insane in the Brain..
  • #862,496
  • Jul 8, 2025 11:05am Jul 8, 2025 11:05am
Quoting Zebi
{quote} as long as our villiage idiot doesnt do the taco dance the dollar shud be goin up till aug 1st i think
Well, he started the dollar strength yesterday. I hope continues till all TPs.
  • #862,497
  • Jul 8, 2025 11:16am Jul 8, 2025 11:16am
Quoting ScalaFX
{quote} 50% taken
adding to 100% size short
People don't plan to lose. They lose because they don't plan.
  • #862,498
  • Jul 8, 2025 11:21am Jul 8, 2025 11:21am
nice day after all
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yes yes yes
  • #862,499
  • Jul 8, 2025 11:31am Jul 8, 2025 11:31am
Yesterday tarriffs made dollar bounce up, today they made dollar go down My fear with GU short remains the weekly chart.
  • #862,500
  • Edited 12:20pm Jul 8, 2025 11:49am | Edited 12:20pm
Ok going good so far , may a little fast be better!!
Just breaking minimum correction level 3596 , next limit old ,3607, may test today
Checking usdx , likely breakout down this times and new highs or eurusd of gbpusd possible!
If so gbpusd may above ,3646,83 , may ever 3753 a try !?
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Not understand?better not follow my analyses!doubt clearer first, risks ++
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