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Cable Update (GBPUSD)

  • #447,202
  • Jan 11, 2017 6:42pm Jan 11, 2017 6:42pm
I think the brief spike up achieved into the 22s' could produce a new low below recent swing low
Come with me if you want to live....
  • #447,203
  • Jan 11, 2017 11:59pm Jan 11, 2017 11:59pm
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  • #447,204
  • Jan 12, 2017 12:00am Jan 12, 2017 12:00am
Continuing from post 447-100, there is only the one remaining signal on the daily chart and that is to take price down to the bottom of the range.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 101 KB
  • #447,205
  • Jan 12, 2017 12:55am Jan 12, 2017 12:55am
Quoting _BBKing_
{quote} don't know what you exactly mean. here some charts. 1. fib retracement 1.22 - 1.2430 with extension on lower side Chart_GBP_USD_4 Hours_snapshot.png;2131374 2. adding fib extension 1.27high - 1.22 - 1.2430 2_Chart_GBP_USD_4 Hours_snapshot.png;2131371 3. fib extension 1.27high - 1.25 - 1.27 3_Chart_GBP_USD_4 Hours_snapshot.png;2131373 {image} {image} {image}
Just looking at 3 rd chart can we see 2800 ?? Going for the gap one would think B
  • #447,206
  • Jan 12, 2017 1:02am Jan 12, 2017 1:02am
It looked like a lot of big buy orders placed as soon
as price fell below 2100 2080 help to fuel the rocket
  • #447,207
  • Jan 12, 2017 1:41am Jan 12, 2017 1:41am
Wooh!!!! Finally here we come baby... See u next week. 1.26 my first stop.
Trading Eternal...... Shiny & Chrome!!!!
  • #447,208
  • Jan 12, 2017 1:53am Jan 12, 2017 1:53am
very good all you need to do now is find the quote button

Quoting Nala66
Continuing from post 447-100, there is only the one remaining signal on the daily chart and that is to take price down to the bottom of the range. {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #447,209
  • Jan 12, 2017 1:55am Jan 12, 2017 1:55am
1236 70 area is till a target for me at this time
  • #447,210
  • Jan 12, 2017 1:56am Jan 12, 2017 1:56am
seriously there's a tl there it won't hold ,what's different than before is that location
Attached Image (click to enlarge)
Click to Enlarge Name: GBP (DFB).png Size: 19 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #447,211
  • Jan 12, 2017 2:01am Jan 12, 2017 2:01am
17/01/12 THURSDAY 08:57+1GMT
EARLY MORNING REPORT
Ubi maior minor cessat
  • #447,212
  • Jan 12, 2017 4:06am Jan 12, 2017 4:06am
Reasonably confirmed long on 5th wave v yellow of ED (c), for a potentially 8% advance within 2 months.
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Click to Enlarge Name: GBPUSD 12Jan17.png Size: 82 KB
Elliott Wave for optimum entry, exit and risk management of trades
  • #447,213
  • Jan 12, 2017 6:40am Jan 12, 2017 6:40am
for short term its obviously UP trend but when it comes to long term, its still DOWN trend...

Daily Technical Analysis - Investopedia

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It is the dust where you came from & it is the dust where you shall return
  • #447,214
  • Jan 12, 2017 7:51am Jan 12, 2017 7:51am
I agree, for now the pair is bullish - a breakout above 1.2300 will likely lead to a further move to the upside towards the previous high at 1.2431.
  • #447,215
  • Jan 12, 2017 9:05am Jan 12, 2017 9:05am
Maybe spike up to 1.24 coming here. Or maybe market are in boring zig zag sidewayss mode for rest of day, lets see.
Loser trying to become a winner!
  • #447,216
  • Jan 12, 2017 12:44pm Jan 12, 2017 12:44pm
Fib pull back 2177 entered
  • #447,217
  • Jan 12, 2017 1:47pm Jan 12, 2017 1:47pm
Entered Long 2157
Think Think Think.
  • #447,218
  • Jan 12, 2017 2:05pm Jan 12, 2017 2:05pm
Quoting Alluri
Entered Long 2157
It's going straight forward to 1.17
  • #447,219
  • Jan 12, 2017 2:22pm Jan 12, 2017 2:22pm
Quoting Fadhl
{quote} It's going straight forward to 1.17
i am a scalper these days
Think Think Think.
  • #447,220
  • Jan 12, 2017 2:25pm Jan 12, 2017 2:25pm
Quoting Fadhl
{quote} It's going straight forward to 1.17
1.17 That's Support 3 levels i guess, anyways 1.2080 is strong support
Think Think Think.
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