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Cable Update (GBPUSD)

  • #864,361
  • Aug 17, 2025 11:17pm Aug 17, 2025 11:17pm
we had a breakout of the parallel channel on GU but the price is also been trading in a triangle so i am waiting fo the triangle to break and then enter in a short position
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  • #864,362
  • Aug 17, 2025 11:23pm Aug 17, 2025 11:23pm
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yes yes yes
  • #864,363
  • Aug 18, 2025 12:02am Aug 18, 2025 12:02am
Frankie inducement, for late buyer and add-on ,
The litmus level i'll be 3502 as quoted in my earlier post.
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MARKET ABHORS LAZINESS,DOING MY HOMEWORK ....
  • #864,364
  • Aug 18, 2025 12:13am Aug 18, 2025 12:13am
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yes yes yes
  • #864,365
  • Aug 18, 2025 12:59am Aug 18, 2025 12:59am
caught you mf
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yes yes yes
  • #864,366
  • Edited 1:30am Aug 18, 2025 1:18am | Edited 1:30am
waiting 3512 test tl support . take care
and eurusd 1655 . now testing one early confirmation 1672 and reacting and gbpusd may pullback 3546
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #864,367
  • Aug 18, 2025 1:21am Aug 18, 2025 1:21am
Quoting Moty
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20 pips victory?… 5 star general!
  • #864,368
  • Aug 18, 2025 1:22am Aug 18, 2025 1:22am
G/M. 4hr general uptrend still intact. 1hr has gone a bit rangy now, with a 1st downside b/o of asian lo (being challenged now from the underside,) after a bounce up from some demand encountered @ current dly lo. No b/o either ay of Fri's hi or lo yet.

1hr below
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Trader with an Edge.
  • #864,369
  • Aug 18, 2025 1:32am Aug 18, 2025 1:32am
Quoting ChiForex
Important to mention a 4hr. pattern on the EU that have been moving price action so far within..It also rejected the EU on Friday just around 1.1715, the support now is at 1.1640s but ofcourse moving, so if bears will start attacking by time price decrease the support might rise to touch the said weekly ~1.1670, while if bulls succeed to base price above 1.1715 on this timeframe, we'll see if bears can later gain control and put it again into the channel...
You're very welcome folks
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #864,370
  • Aug 18, 2025 1:34am Aug 18, 2025 1:34am
opened a short on GU
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  • #864,371
  • Aug 18, 2025 1:50am Aug 18, 2025 1:50am
...1st fib cluster (4) [with Wkly Pivot] to downside is around fri's 3520 lo....ie 3521-13. Dly S1 is just above it, @/around 3524. Price opened the week above the new Wkly Pivot, (which is @/around 3516), and is still above it, so far today. It is of course also still above the Mthly Pivot, and Yrly R1.

4hr below
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Trader with an Edge.
  • #864,372
  • Aug 18, 2025 1:57am Aug 18, 2025 1:57am
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yes yes yes
  • #864,373
  • Aug 18, 2025 2:06am Aug 18, 2025 2:06am
Market is amazing how in last 5 mins it turned a 4hr candle from bullish to neutral with bearish view, to open a new 4 hr candle weak for bulls. These are the times that it's very close to gambling, and that anticipation plays a main role.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #864,374
  • Aug 18, 2025 2:15am Aug 18, 2025 2:15am
Buy GU from here 1.3540. 1st TP @ 1.3560 (20 pips) 2nd at swing high 1.3580/90 zone to test the strength of the resistant zone.

Nice pipping day to all friends and buddies.
Market Structure is the King.....
  • #864,375
  • Aug 18, 2025 2:26am Aug 18, 2025 2:26am
...bulls met sellers @ a prev 30min sw hi zone = pot res after the bounce up from current dly lo. Asian hi/current dly hi pot res zone is above it.
In typical northern hemisphere summer trading, 30day adr has gone down again to 88pips - this from a recent 119pips hi earlier this year. So far today 39% of it has been traveled, and we have been getting a lot more < 30day adr days re the summer. 1hr is still rangy, but even in this apparent randomness on this arguably 1st 'significant' t/f re trend & potential supp/res, there are opportunities on the sub 30min t/f's, particularly the 1min,3min, 5min.

1hr below
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Trader with an Edge.
  • #864,376
  • Aug 18, 2025 2:33am Aug 18, 2025 2:33am
Failure to go above the 1.35770 zone only inspires bear, selling till 1.34800 is reached
Keep the Lights on then you can catch the rise from the dark.
  • #864,377
  • Aug 18, 2025 2:43am Aug 18, 2025 2:43am
Not targetting anyone in specific but it's amazing how some trade only one pair for many years, still don't know how it moves

Now, to the importance, EU going nowhere up before hitting 1.1640s, then we talk if there's a possibility for ups again. Selling the swings...
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #864,378
  • Edited 3:01am Aug 18, 2025 2:44am | Edited 3:01am
Probable pa eurusd in testing previous low ! An impulse down !
Retesting early confirmation 1673
Rang down in gbpusd to previous low!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #864,379
  • Aug 18, 2025 2:44am Aug 18, 2025 2:44am
You already know the price levels of GU.. Check my previous posts
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #864,380
  • Aug 18, 2025 2:58am Aug 18, 2025 2:58am
Whatever is looming , 'll be exciting,
melting and boiling the matter in question.
MARKET ABHORS LAZINESS,DOING MY HOMEWORK ....
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