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Cable Update (GBPUSD)

  • #862,901
  • Edited Jul 17, 2025 1:03am Jul 16, 2025 11:18pm | Edited Jul 17, 2025 1:03am
Quoting Forgediron
{quote} Your trendlines need a little more accuracy, but yes, it’s bear country. There’s no point holding onto old ideas once the market has turned
Ok , bounce at an great support and bear confirmation for whatever reason and hence wave wise it was a reversal attempt and rejection ! So pa repaint as per till confirmation breaks hold for next levels down , bear continuation. So 3368 only care now! take care
Weekly already down and just need close arounds and so daily stagger arounds and next week may also rang 4th before confirm ..so pressure strong down without down further ! Let's see

anyway open computer to see charts . price likely at the middle of a prospective range daily weekly tf and i within channel down ! , now on a good support as before
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #862,902
  • Jul 17, 2025 1:21am Jul 17, 2025 1:21am
welp...DXY gave me a daily sell sig yesterday and it missed my 99 target by a dime LOL

it may still go up intraday and fall back till friday but its fate is sealed cause humtpy cant keep his mouth shut

im long GU and will add end of day tmoro or friday depending on candles
short trump and go long the deepstate
  • #862,903
  • Jul 17, 2025 1:49am Jul 17, 2025 1:49am
guys am i right ??
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  • #862,904
  • Jul 17, 2025 1:54am Jul 17, 2025 1:54am
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5' --- Longed here as shown............. Risky as hell..............

  • #862,905
  • Edited 2:24am Jul 17, 2025 2:04am | Edited 2:24am
the crazy monthly , may strong bear possible if this month close as such and likely with usdx bounce and more war likely at the corner and may expand fear towards eu logically!!
weekly already done enough , may need just time pass to stay as such or down continue as though ear first confirmation should logically strong reject tries as of yesterday fake news action suddenly! do weekly also down as bounce tried and rejected with more sells overhead !

smallere tf , pullback done . now watching for signal 3401 breaks up for 3446 + move if possible , failure possible 3421 , so then care 3421 , or above 3421 ma=y look for failure for 3368! now testu=-ing resistance 3396,may retest 3375, 3385 limit breaks needed
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #862,906
  • Jul 17, 2025 2:06am Jul 17, 2025 2:06am
Quoting donfriday
I’m an selling gold {image}
me too. Have a short from 3344 looking for 3320 followed by 3310-3300
Insane in the Brain..
  • #862,907
  • Jul 17, 2025 2:11am Jul 17, 2025 2:11am
dx is bullish , gu will consolidate and will drop
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yes yes yes
  • #862,908
  • Jul 17, 2025 2:25am Jul 17, 2025 2:25am
Price action remains contained below the 1.336 zone with rejection. A sustained failure to breach this level could trigger a bullish move.
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Keep the Lights on then you can catch the rise from the dark.
  • #862,909
  • Edited 3:38am Jul 17, 2025 2:48am | Edited 3:38am
more important may eurusd daily chart , may not need much pa to bounce more tries ! strong down and not at good level to bounce even . first confirmation at much below 1445

for for gbpusd above 3401 and better 3424 + may look for short opportunity next having sl little over 3475 now 3386 broken down so target 3374 intactm below 3380

anyway london open struggle at at earliest signal 3401 bounce so far , still follow pa till all done above !
close short and add long scalping to see at 3380 foir 3401 test breaks for 3424+ towards 75 if

testing 3401/03 , may correct 3383 low before breaks up 3404. care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #862,910
  • Jul 17, 2025 3:10am Jul 17, 2025 3:10am
buyers have to act
seller need to wait and sell a lil higher
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MY OPINION NOT FINANCIAL ADVISE
  • #862,911
  • Jul 17, 2025 3:43am Jul 17, 2025 3:43am
Quoting donfriday
buyers have to act seller need to wait and sell a lil higher {image}
Even though it may not be possible to tell the future of price 100%, we can make some intelligent guesses. Looking to the left, this area produced almost 300 pips before. The odds are on its side to produce another quality bounce before a possible fall. So I agree with your chart.
  • #862,912
  • Jul 17, 2025 4:20am Jul 17, 2025 4:20am
Quoting ChiForex
When EU goes back to parity and GU flirt with it, dunno if I'll be ROFLMAO at those buying for few pips or those buying dreaming of long term higher price. But surely I'll be opening Champagnes for you all and as both stabilize below parity, that'll be an everyday habit and keep partying Let's make $ Great again
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  • #862,913
  • Edited 4:44am Jul 17, 2025 4:26am | Edited 4:44am
Watching 3390 sr if may react next up. Limit signal 3399
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #862,914
  • Jul 17, 2025 4:37am Jul 17, 2025 4:37am
Quoting fontu
Watching 3490 sr if may react next up. Limit signal 3399 {image}
you mean 3390?
Keep the Lights on then you can catch the rise from the dark.
  • #862,915
  • Edited 6:15am Jul 17, 2025 4:45am | Edited 6:15am
Quoting ricmaj
{quote} you mean 3390?
Yes , corrected

Approaching need time but still unable bounce may even breaks down to try up ,!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #862,916
  • Edited 5:40am Jul 17, 2025 5:10am | Edited 5:40am
...a bit of a pennant-ish holding pattern between y/day's hi, and lo (also current wkly and mthly lo.) has developed after the Trump/JP malarky y/day. 'TACO' strikes again! You willl see how price met supply @ y/day's hi in the 4hr part of a prev 1hr/minor 4hr sw hi zone = prev res = pot res @ that 38.2% fib, - both shown on 4hr chart below. The 4hr t/f is still in a messy general downtrend.

Y/day's lo (3365) printed just below last mth's 3370 lo and some bigger than retail stops may have been triggered there? As Bones pointed out - an inverted hammer type candle resulted on the dly t/f y/day ending the 8 straight bearish-bodied candles run on that t/f. 85% of 6mth amr traveled so far this month, 63% of 13wk awr so far this week. 2nd downside b/o of last week's 3480 lo remains true so far.

EDIT: typos

4hr, then 1hr below
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Trader with an Edge.
  • #862,917
  • Jul 17, 2025 6:27am Jul 17, 2025 6:27am
Quoting Guy1969
AUDUSD, short target > 0.64200 {image}
Taking partial profit here, 86p. One more position running.
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  • #862,918
  • Jul 17, 2025 6:29am Jul 17, 2025 6:29am
Quoting Guy1969
NZDUSD, short target > 0.58600 {image}
Taking partial profit here, 80p. One more position running.
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  • #862,919
  • Jul 17, 2025 6:36am Jul 17, 2025 6:36am
Quoting Guy1969
Long USDCHF, target > 0.81100 {image}
Position closed for 60p.
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  • #862,920
  • Jul 17, 2025 6:46am Jul 17, 2025 6:46am
Quoting Guy1969
EURUSD, short target > 1.14900 {image}
Taking partial profit here, 110p, one more position running.
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