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Cable Update (GBPUSD)

  • #863,241
  • Jul 24, 2025 5:02am Jul 24, 2025 5:02am
Quoting Meer-Shayhak
GBPUSD is trading in a rising wedge , we are on a resistance level and we can see a tweezer top candle stick pattern on h4 and the Rsi has returned back below 70 on H4 signaling a sell ... {image}
Opened a short at 1.35480
  • #863,242
  • Jul 24, 2025 5:53am Jul 24, 2025 5:53am
Quoting Forgediron
let’s see if Cable gives us the double pump. 3550 could be support for next session
Or more likely 1.35
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  • #863,243
  • Jul 24, 2025 6:09am Jul 24, 2025 6:09am
GBPJPY - 15min ...

with small SL ...
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  • #863,244
  • Jul 24, 2025 6:53am Jul 24, 2025 6:53am
Quoting ChiForex
Only for those who want to get out of their small world to see the big picture. Huge range of at least over 1000pips for retracement from current price levels on both GU and EU. IDEA {image} {image}
Hello friend,

Just curious and view the weekly and monthly for a track of trend. Both the weekly and monthly trend based on volatility and marker movers sentiment has already turned bullish. Institutional sentiments also favoured the bull though majority of retailers are short.

Can you educate me further on the 1,000 pips directional bias ?

Thanks.
Market Structure is the King.....
  • #863,245
  • Jul 24, 2025 7:27am Jul 24, 2025 7:27am
Quoting Zebi
small short 3582...will add more for a drop to 3490/3500 where ill prolly buy but too soon to tell yet

i just closed 3551...

im bearish dollar so expect GU to keep goin up so dont want to overstay on shorts


im not gona be around today but gona look to take 4H and daily buy signals
short trump and go long the deepstate
  • #863,246
  • Edited 8:47am Jul 24, 2025 7:50am | Edited 8:47am
Well done , more to do ! Take care .
Bounce in all news effects and pa possible next ok
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #863,247
  • Jul 24, 2025 8:01am Jul 24, 2025 8:01am
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Contrarian
  • #863,248
  • Jul 24, 2025 9:00am Jul 24, 2025 9:00am
Quoting Palambir
{image}

nice chart

its still early but if price closes above todays midpoint or green thats a buy signal and shorts gona get fuked
short trump and go long the deepstate
  • #863,249
  • Jul 24, 2025 9:08am Jul 24, 2025 9:08am
Quoting Zebi
{quote} nice chart its still early but if price closes above todays midpoint or green thats a buy signal and shorts gona get fuked
Minimum expected distance for Jul - Sep is 600 pips
Quick simulation
1.3364 + 600 = 1.3964
1.3788 - 600 = 1.3188

DECIDER = 1.3575

✓Above 1.3575 = 1.3964
✓Below 1.3575 = 1.3188
Data + Stat + Risk/Emotions Management
  • #863,250
  • Jul 24, 2025 9:12am Jul 24, 2025 9:12am
Quoting Georginson
{quote} Minimum expected distance for Jul - Sep is 600 pips Quick simulation 1.3364 + 600 = 1.3964 1.3788 - 600 = 1.3188 DECIDER = 1.3575 ✓Above 1.3575 = 1.3964 ✓Below 1.3575 = 1.3188

is that a weekly close cause closed over 3575 yesterday?


now im gone...will be back after the close
short trump and go long the deepstate
  • #863,251
  • Jul 24, 2025 9:14am Jul 24, 2025 9:14am
Quoting ChiForex
Only for those who want to get out of their small world to see the big picture. Huge range of at least over 1000pips for retracement from current price levels on both GU and EU. IDEA {image} {image}
when you say "big picture" you mean your "big downdraw"...
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  • #863,252
  • Jul 24, 2025 9:17am Jul 24, 2025 9:17am
Quoting Zebi
{quote} is that a weekly close cause closed over 3575 yesterday?
First sign is daily close above 1.3575, now major sign will be weekly close above 1.3575.

EURUSD has returned to the month open, GBPUSD now has tendency to follow to month open at 1.3709. My initial bias was very bearish as far as decider 1.3575 isn't threatened, now it has been attacked. The implication of this is now exposing 1.39.

Though, it's extremely rare to see 6 consecutive months of buying.
Data + Stat + Risk/Emotions Management
  • #863,253
  • Jul 24, 2025 9:45am Jul 24, 2025 9:45am
Quoting witowito
This is my short area for today in case price retrace to that level... {image}
Here we are
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  • #863,254
  • Jul 24, 2025 10:17am Jul 24, 2025 10:17am
Quoting witowito
{quote} Here we are {image}

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  • #863,255
  • Edited 10:55am Jul 24, 2025 10:27am | Edited 10:55am
As tested 3524:, so Wait for next action, bear continuation possible!
Now confirmation need 3515 breaks and hold and test 3510 today , risk increased with serious eurusd news reaction and bounce ! So not more smooth here !
While eurusd beck believe 1750 in the bottom test if
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #863,256
  • Jul 24, 2025 10:37am Jul 24, 2025 10:37am
Quoting Georginson
{quote} First sign is daily close above 1.3575, now major sign will be weekly close above 1.3575. EURUSD has returned to the month open, GBPUSD now has tendency to follow to month open at 1.3709. My initial bias was very bearish as far as decider 1.3575 isn't threatened, now it has been attacked. The implication of this is now exposing 1.39. Though, it's extremely rare to see 6 consecutive months of buying.
Nah, mate, end of this month will decide which direction will go until end of the year. Plus check the news about R. Reeves..
Always follow your own shit
  • #863,257
  • Jul 24, 2025 10:41am Jul 24, 2025 10:41am
USD is increasing quick except against eurusd because I have a position
  • #863,258
  • Jul 24, 2025 10:50am Jul 24, 2025 10:50am
Quoting Eren10
USD is increasing quick except against eurusd because I have a position
Closed it. GBPUSD looked to be on support and eurusd to strong.
  • #863,259
  • Jul 24, 2025 11:12am Jul 24, 2025 11:12am
must visit 1.3496
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #863,260
  • Edited 1:55pm Jul 24, 2025 1:26pm | Edited 1:55pm
Waiting eurusd breaks 1763 for next action as still waiting for 1750 low play
So gbpusd breaks 3515 to bottom play
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Not understand?better not follow my analyses!doubt clearer first, risks ++
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