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Cable Update (GBPUSD)

  • #426,901
  • Mar 29, 2016 1:32am Mar 29, 2016 1:32am
I'd expect pretty much same old range before this get's done below
Attached Image (click to enlarge)
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  • #426,902
  • Mar 29, 2016 1:35am Mar 29, 2016 1:35am
4210-4220 +-5 pips is WP-DP area I don't expect price going lower than that atm. I'd upgrade your buy zone buy +15-20 pips just an idea. Let's see what next 1-2 H4 candles bring if we stay above the highlighted area we'd be good for 4340 later on.
  • #426,903
  • Mar 29, 2016 1:35am Mar 29, 2016 1:35am
Quoting asgcorp
{quote} no it's not but thanks for posting.
Are you sure? however I closed it with 8+ pips
  • #426,904
  • Mar 29, 2016 1:39am Mar 29, 2016 1:39am
here it is M30 GU. the 4210-20 obviously solid locked in support WP-DP
Attached Image (click to enlarge)
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  • #426,905
  • Mar 29, 2016 1:40am Mar 29, 2016 1:40am
Quoting dinx20
{quote} Are you sure? however I closed it with 8+ pips
the trend is up right now until further resistance at / around 4320-60 area. there is no H&S. The only H&S is inverted on Daily timeframe. I posted that chart earlier in here.
  • #426,906
  • Mar 29, 2016 1:56am Mar 29, 2016 1:56am
same as above with EW markup. simple 5 wave impulse wave on M30 followed with a/b/c and down move from 4340. no need to make things complicated.
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  • #426,907
  • Mar 29, 2016 2:06am Mar 29, 2016 2:06am
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watch the blue lines for entry to try long , last chance and sl should be the red trend line , fail there then short sl inside the trend
  • #426,908
  • Mar 29, 2016 2:16am Mar 29, 2016 2:16am
Quoting asgcorp
4210-4220 +-5 pips is WP-DP area I don't expect price going lower than that atm. I'd upgrade your buy zone buy +15-20 pips just an idea. Let's see what next 1-2 H4 candles bring if we stay above the highlighted area we'd be good for 4340 later on.
I prefer fibs, 4196 was a buy zone for me
Come with me if you want to live....
  • #426,909
  • Mar 29, 2016 2:18am Mar 29, 2016 2:18am
just don't get into a bear trap and you'd be good
  • #426,910
  • Mar 29, 2016 2:30am Mar 29, 2016 2:30am
Attachment ok lets see
  • #426,911
  • Mar 29, 2016 2:33am Mar 29, 2016 2:33am
Quoting elbert3
1890754 ok lets see
Attachment next chance 4182 if this fails pp asap having a problem attaching chart ????
  • #426,912
  • Mar 29, 2016 2:44am Mar 29, 2016 2:44am
1h if and wave 4 (negation 1.1480) now wave 5
  • #426,913
  • Mar 29, 2016 2:50am Mar 29, 2016 2:50am
usdx is still above daily open so I'm not going long GU just yet, more time required.
  • #426,914
  • Mar 29, 2016 2:53am Mar 29, 2016 2:53am
1h if and wave 4 (negation 1.4180) now wave 5
  • #426,915
  • Mar 29, 2016 2:58am Mar 29, 2016 2:58am
Quoting Dano12
1h if and wave 4 (negation 1.4180) now wave 5
thanks for a heads up we already know this
  • #426,916
  • Mar 29, 2016 3:03am Mar 29, 2016 3:03am
GU is trying but dollar is strong still, indecision we are not there yet for a break out to the upside news on the USD will decide.
  • #426,917
  • Mar 29, 2016 3:08am Mar 29, 2016 3:08am
Quoting Ill-b-back
{quote} I'm thinking 1hr 200ema/4hr 55ema at the TL retest 4208/15 note: 4230 nex poss fib retrace target
Thanks for your feed back. Yesterday reached my target @ 1.4279 on an amazing strong rally.
  • #426,918
  • Mar 29, 2016 3:53am Mar 29, 2016 3:53am
ok got in 20 std lots see you @ 4340
  • #426,919
  • Mar 29, 2016 4:06am Mar 29, 2016 4:06am
Quoting asgcorp
ok got in 20 std lots see you @ 4340
Great.. you do great analysis.. Subscribed to you. Waiting to Short
  • #426,920
  • Mar 29, 2016 4:07am Mar 29, 2016 4:07am
Quoting dinx20
{quote} Great.. you do great analysis.. Subscribed to you. Anyway, is it possible to Long GU?
that's what I just did right? long GU.
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