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Cable Update (GBPUSD)

  • #875,181
  • Jun 17, 6:42am (1 hr 51 min ago) Jun 17, 6:42am (1 hr 51 min ago)
Quoting AK.47
{quote} Yea I just woke up to ts Market aint respecting NOTHING. The DXY gap still needs to be filled from last week. Eventually it will, we were not wrong. Just early!
I am still looking for buy's bro this can't be right hahahaha frfr we are truly early on ts, price eventually reached where I anticipated before where I mentioned on a post that I entered short targeting 1.3400 and it just hit now smh the market is doing us dirty
  • #875,182
  • Jun 17, 6:46am (1 hr 47 min ago) Jun 17, 6:46am (1 hr 47 min ago)
Im still looking for a long entry at 1.3397 if we get a rejection there , if not then ill wait until price breaks below and ill look for shorts as price will most probably will want to take out the lows at 1.3330.
  • #875,183
  • Jun 17, 7:04am (1 hr 29 min ago) Jun 17, 7:04am (1 hr 29 min ago)
Quoting Gbpusdfreakk
Im still looking for a long entry at 1.3397 if we get a rejection there , if not then ill wait until price breaks below and ill look for shorts as price will most probably will want to take out the lows at 1.3330.
Understandable bro, Currently at a short after the Consolidation breakout and multiple 5m confirmation. Also got the Hourly break 2 minutes ago. Targeting 1.3392 from where I expect it to base its direction. If it breaks below and doesn't wick out on a HTF, then I'll follow the trend and look to fill the gap over the days.

If not, then a reversal from 1.3392 ish here is expected. Market's done it 4 times before.
  • #875,184
  • Jun 17, 7:23am (1 hr 10 min ago) Jun 17, 7:23am (1 hr 10 min ago)
I think we are still trending lower...expect more weakness under 1.3380...
Attached Image (click to enlarge)
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Get the Lag out
  • #875,185
  • Jun 17, 7:56am (36 min ago) Jun 17, 7:56am (36 min ago)
I had my long entry at 1.3397 , price rejected at 1.3399, if price successfully breaks above 1.3421 there is a high probability we could be facing a reversal to the upside !!
  • #875,186
  • Last Post: Jun 17, 8:00am (33 min ago) Jun 17, 8:00am (33 min ago)
Quoting ZeroLag
I think we are still trending lower...expect more weakness under 1.3380... {image}
There is still some resistance left at 1.3390 levels before continuing, in my opinion 1.3460 is most likely to be hit soon if price of course fails to break below 1.3390.
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