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Cable Update (GBPUSD)

  • #864,441
  • Aug 19, 2025 4:04am Aug 19, 2025 4:04am
GBPUSD UPDATE 19/8/2025

My daily chart is downtrend and my 4 hour chart is uptrend.

I went long today from 1.3497. Final Takeprofit at 1.3540.

I will be looking to Sell in the direction of daily trend from 1.3540/1.3552 being the next resistant zone against 4 hour trend upward movement.

If my Sell is successful, I will keep it substantially for long term movement.

Have a nice pipping day all.
Market Structure is the King.....
  • #864,442
  • Aug 19, 2025 4:10am Aug 19, 2025 4:10am
Quoting Abeylyn
GBPUSD UPDATE My daily chart is downtrend and my 4 hour chart is uptrend. I went long today from 1.3497. Final Takeprofit at 1.3540. I will be looking to Sell in the direction of daily trend from 1.3540/1.3552 being the next resistant zone against 4 hour trend move. If my Sell is successful, I will keep it substantially for long term movement. Have a nice pipping day all.
Hi. Friend, how can the Dly chart be in a downtrend? By what means are you determining this? For me, the Dly chart if anything, is ranging, between 3139 and 3788, (current yrly hi.) Most recently overall it has been strongly bullish after a retest of the bottom of this range, @ 3140, and then the strong run-up to 3595, but yes has sold off a bit from that recent 3595 hi, (last wk's hi.) I'm not saying that price will not go south, none of us know what will happen. Thanks, I am just curious.

Dly below
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Trader with an Edge.
  • #864,443
  • Edited 4:49am Aug 19, 2025 4:18am | Edited 4:49am
Quoting Headland
{quote} Hi. Friend, how can the Dly chart be in a downtrend? By what means are you determining this? For me, the Dly chart if anything, is ranging, between 3139 and 3788, (current yrly hi.) Most recently overall it has been strongly bullish after a retest of the bottom of this range, @ 3140, and then the strong run-up to 3595, but yes has sold off a bit from that recent 3595 hi, (last wk's hi.) I'm not saying that price will not go south, none of us know what will happen. Thanks, I am just curious. Dly below {image}
Yes Big friend. That's what I am seeing from my seat.

Basically, I use customized institutional indicator to determine Bull or Bear on each time frame.....

My perspective are sometimes different. Again, 1.3595 is a very strong resistant for me against the low that was established at the bottom.

I am still bearish until breakout of 1.3595 to the upside. And that was even the main reason why I tried to advise Georginson to incorporate a contrarian into his own analysis.

It's important to also state that it's always 50/50 chance between the daily trend and 4 hr trend. The fact that my own daily trend is down does not necessarily determine absolute direction. It's actually the MM that determines wherever and direction shift will be sighted on chart....

Thanks for calling my attention.
Market Structure is the King.....
  • #864,444
  • Aug 19, 2025 4:51am Aug 19, 2025 4:51am
I hope it reaches the target before tomorrow, OTE(?)
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  • #864,445
  • Aug 19, 2025 4:52am Aug 19, 2025 4:52am
Quoting Abeylyn
{quote} Yes Big friend. That's what I am seeing from my seat. Basically, I use customized institutional indicator to determine Bull or Bear on each time frame.....
Thank you for your reply and explanation. Good luck always.
--------------------------------------------------------------------
...will the current dly hi become a fractal swing hi on 1hr in 8mins or less? Looks like it might as of now but candle not closed yet.

1hr below
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Trader with an Edge.
  • #864,446
  • Aug 19, 2025 5:23am Aug 19, 2025 5:23am
Weak bulls..

bearish scenario to 1.344-1.345
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  • #864,447
  • Aug 19, 2025 5:42am Aug 19, 2025 5:42am
Quoting Headland
{quote} Thank you for your reply and explanation. Good luck always. -------------------------------------------------------------------- ...will the current dly hi become a fractal swing hi on 1hr in 8mins or less? Looks like it might as of now but candle not closed yet. 1hr below {image}
If that happens, then shift in Intraday direction may likely occur. That's a weak 30 min bullish Scenerio facing downward pressure.

Whale's forecast will come into play.

The main tide is downward....
Market Structure is the King.....
  • #864,448
  • Aug 19, 2025 6:11am Aug 19, 2025 6:11am
Ok ,following for previous low and new lows if !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #864,449
  • Aug 19, 2025 6:22am Aug 19, 2025 6:22am
Quoting Bloodwish
https://youtu.be/5k2ZjoTkSgA
Target hit
  • #864,450
  • Aug 19, 2025 6:26am Aug 19, 2025 6:26am
buy @ 3497 activated.
MARKET ABHORS LAZINESS,DOING MY HOMEWORK ....
  • #864,451
  • Aug 19, 2025 6:34am Aug 19, 2025 6:34am
Quoting Abeylyn
GBPUSD UPDATE 19/8/2025 My daily chart is downtrend and my 4 hour chart is uptrend. I went long today from 1.3497. Final Takeprofit at 1.3540. I will be looking to Sell in the direction of daily trend from 1.3540/1.3552 being the next resistant zone against 4 hour trend upward movement. If my Sell is successful, I will keep it substantially for long term movement. Have a nice pipping day all.
This is to confirm that the Bull is officially dead from my seat. The remaining 1/3 running Buy trade is closed.

Any available pullback serves as an opportunity to add more to my running Sell from 1.3584.

Good luck.
Market Structure is the King.....
  • #864,452
  • Aug 19, 2025 6:43am Aug 19, 2025 6:43am
Come on UJ stop pissing about. Get to 148 and have a cold beer
Insane in the Brain..
  • #864,453
  • Aug 19, 2025 7:01am Aug 19, 2025 7:01am
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yes yes yes
  • #864,454
  • Aug 19, 2025 7:29am Aug 19, 2025 7:29am
Long in at 1.3510 target 10 pips
Don't trade what you think. Just what you see!!!
  • #864,455
  • Aug 19, 2025 7:35am Aug 19, 2025 7:35am
come on !!!
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yes yes yes
  • #864,456
  • Aug 19, 2025 8:02am Aug 19, 2025 8:02am
Quoting Theoak
Long in at 1.3510 target 10 pips
added 1.3505 going add more soon if condition are met
Don't trade what you think. Just what you see!!!
  • #864,457
  • Aug 19, 2025 8:04am Aug 19, 2025 8:04am
Bears looking for 3450
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #864,458
  • Aug 19, 2025 8:40am Aug 19, 2025 8:40am
Quoting msqk
buy @ 3497 activated.
Back aaand lucky me
Out @ 10 pips BE, risky as it was could not babysit it hence BE limit.
A deep bear retracement is my watch @ 3530 H1 equil.
MARKET ABHORS LAZINESS,DOING MY HOMEWORK ....
  • #864,459
  • Aug 19, 2025 8:44am Aug 19, 2025 8:44am
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yes yes yes
  • #864,460
  • Aug 19, 2025 8:51am Aug 19, 2025 8:51am
If hourly candle close below yesterday's low (.35011). I think it will go further down. Which is good for my positions haha
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