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Cable Update (GBPUSD)

  • #864,961
  • Edited 12:01pm Aug 28, 2025 8:50am | Edited 12:01pm
71.8 fibo level from swing low to high, price rejection, lets see
edit.
1.3543 high is the target.

edit.
i want to ask, the data is not that strong? How is this possible? Just another liquidity run and it went back up.

edit.
added another long, fvg, really similar to yesterday push (was wrong)

Good luck guys
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  • #864,962
  • Aug 28, 2025 10:17am Aug 28, 2025 10:17am
Quoting ChiForex
The picture is so clear as the fight starts on weekly with bulls tested the higher end resistance ~1.1685 after hovering around the lower one ~1.1655. You can see how price action is hovering in btw... Bulls are trying with utmost power to keep rising the channel on weekly and increasing the monthly by time...I can see it so clearly on my chart but I believe they'll fail for a thousand reason and reason. So we've to focus on weekly said levels. Big fight of billions of dollars
What would we call those who bought at 1.1660-65 but didn't TP at 1.1685? Ofcourse, they have donkey horns
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #864,963
  • Aug 28, 2025 10:20am Aug 28, 2025 10:20am
Quoting msqk
More as I watch this tussle {image}
End month week, I expected this kind of picture with double the edge sword,
the appetite was low for any bite.
But the lesson from the tussle is invaluable.
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MARKET ABHORS LAZINESS,DOING MY HOMEWORK ....
  • #864,964
  • Aug 28, 2025 10:34am Aug 28, 2025 10:34am
Quoting ChiForex
{quote} What would we call those who bought at 1.1660-65 but didn't TP at 1.1685? Ofcourse, they have donkey horns
"Zebi".......do I win a prize if I'm right...
  • #864,965
  • Aug 28, 2025 10:49am Aug 28, 2025 10:49am
Quoting ChiForex
A typical weekly retracement and downtrend prevails on long term, initial drop to 1.20 and lower.
So what happen to this trade on the 21st January 2025, is it still open...
  • #864,966
  • Aug 28, 2025 11:18am Aug 28, 2025 11:18am
Quoting Waveskierrob
{quote} "Zebi".......do I win a prize if I'm right...

when he says donkey horns he must mean trump since that dickhead wont change his stripes and will continue to do everything to push down the dollar

if powell cuts in this inflationary tariff environment the dollar and stock market gona crash and the pound will be the winner by default

i like that chiforex is opinionated but i wish hed post a chart why hes a permabear


i talk shit but use charts to back up my crap
short trump and go long the deepstate
  • #864,967
  • Aug 28, 2025 11:27am Aug 28, 2025 11:27am
Why is the market so bullish. Does the market not trust the data of usa?
  • #864,968
  • Aug 28, 2025 11:37am Aug 28, 2025 11:37am
Quoting Eren10
Why is the market so bullish. Does the market not trust the data of usa?
Market does what it wants, when it wants, don't ask why, ask yourself what to do...
  • #864,969
  • Aug 28, 2025 12:04pm Aug 28, 2025 12:04pm
Quoting Eren10
Why is the market so bullish. Does the market not trust the data of usa?

how dare you ask that?

everybody trusts humpty trumpty
short trump and go long the deepstate
  • #864,970
  • Aug 28, 2025 12:15pm Aug 28, 2025 12:15pm
Quoting Waveskierrob
{quote} Market does what it wants, when it wants, don't ask why, ask yourself what to do...

i need phone call from citibank.
  • #864,971
  • Aug 28, 2025 12:59pm Aug 28, 2025 12:59pm
Quoting Wavegarrick
{quote} Currently moving up 2700 pips in profit with 4 trades open. My analysis playing out accordingly with 1.35425 as the focus point. A weekly move above 1.35425 and close will set a move towards 1.38843. A weekly close below 1.35425 and more importantly a new weekly lower high should set the tone for 1.29751. Utmost patience required. Cheers. {image}
Short sit rap from a daily perspective. As we head into the final days of the 2nd month of the 3rd quarter there will be volatility ahead. Major trendline to be broken with a daily close and hold above 1.35415 before considering longs not forgetting that a retrace to the trendline breakout and future weekly pivot at 1.34865 Ish an ideal opportunity to look for quick buy scalps and short-term entries. The biggest take and more solid entry will be a daily close and hold above 1.35800 inverted head and shoulders as illustrated on my chart from a daily perspective.
I remain bullish to this point and like watching grass grow
Trade safe.
cheers.
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Trade to trade another day
  • #864,972
  • Aug 28, 2025 1:42pm Aug 28, 2025 1:42pm
Quoting Wavegarrick
{quote} Short sit rap from a daily perspective. As we head into the final days of the 2nd month of the 3rd quarter there will be volatility ahead. Major trendline to be broken with a daily close and hold above 1.35415 before considering longs not forgetting that a retrace to the trendline breakout and future weekly pivot at 1.34865 Ish an ideal opportunity to look for quick buy scalps and short-term entries. The biggest take and more solid entry will be a daily close and hold above 1.35800 inverted head and shoulders as illustrated on my chart from...
Read um and weep, Leon, read um and weep...
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  • #864,973
  • Aug 28, 2025 2:22pm Aug 28, 2025 2:22pm
Quoting ChiForex
{quote} What would we call those who bought at 1.1660-65 but didn't TP at 1.1685? Ofcourse, they have donkey horns
hey mate though i want to see bear kicking in but there is no sign of bear yet
Patience, Emotion Control and Discipline.
  • #864,974
  • Aug 28, 2025 2:31pm Aug 28, 2025 2:31pm
Quoting johncen
{quote} hey mate though i want to see bear kicking in but there is no sign of bear yet
Chi been waiting for a bear since 21st January, really I know he's passionate about his trades but doesnt mean he knows, no one does, dont be fooled by his passion
  • #864,975
  • Aug 28, 2025 2:49pm Aug 28, 2025 2:49pm
ok gentlemen...i hope you bears cleaned your spectacles so you can see better

this is the monthly chart from earlier that i zoomed down to daily...its still early but if price can close over that little upper red line on this daily chart that will mean bulls in the big money tmoro and prolly a crackage at the inv H+S neckline i been talkin about

go bulls go
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short trump and go long the deepstate
  • #864,976
  • Aug 28, 2025 8:51pm Aug 28, 2025 8:51pm
Quoting ChiForex
{quote} What would we call those who bought at 1.1660-65 but didn't TP at 1.1685? Ofcourse, they have donkey horns
Double horns. for bulls
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #864,977
  • Aug 28, 2025 10:38pm Aug 28, 2025 10:38pm
This is what i discovered from sunday opening price. You can see how the price reacts to them.
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  • #864,978
  • Edited Aug 29, 2025 12:02am Aug 28, 2025 11:22pm | Edited Aug 29, 2025 12:02am
Watching 3583 test breaks and hold , if so then daily may test 3428. Otherwise bounce with fake out possible .so care
Fake out level can be 3465
Sell levels can be 3502/or just + 3405 as extension 4 , few pips exaggerated ok .
So r: r can be 1:1, to 1:2 if set sl 35 high now price .
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #864,979
  • Edited 1:18am Aug 29, 2025 12:55am | Edited 1:18am
long, tp yesterday's high
edit.
another opportunity, let's see
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  • #864,980
  • Aug 29, 2025 2:48am Aug 29, 2025 2:48am
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