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Cable Update (GBPUSD)

  • #451,481
  • Mar 31, 2017 7:01am Mar 31, 2017 7:01am
Quoting digger1
{quote} I hear ya,,,,,,stranger things have happened tho
I would be laughing if this could sit above 1.2530.
  • #451,482
  • Mar 31, 2017 7:06am Mar 31, 2017 7:06am
I have a nice triangle setup but neither side can find support so I don't know which side is going to break for 92 pips

It seems to me both sides are working to negate the triangle. They do this by making outside inside moves
  • #451,483
  • Mar 31, 2017 7:19am Mar 31, 2017 7:19am
Quoting Nala66
I have a nice triangle setup but neither side can find support so I don't know which side is going to break for 92 pips It seems to me both sides are working to negate the triangle. They do this by making outside inside moves
I thought the bulls had it when we moved to 1.25 again...alas.
  • #451,484
  • Mar 31, 2017 7:25am Mar 31, 2017 7:25am
Quoting KovanTrader
{quote} I thought the bulls had it when we moved to 1.25 again...alas.
So did I except they did not put in a support which we have to have to break a triangle
  • #451,485
  • Mar 31, 2017 7:27am Mar 31, 2017 7:27am
GBP/USD held its ground after Article 50 was triggered. The pair looks strong enough to make a move to the upside next week.
  • #451,486
  • Mar 31, 2017 7:41am Mar 31, 2017 7:41am
That may well be, this triangle has expanded to Monday now.
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  • #451,487
  • Mar 31, 2017 7:43am Mar 31, 2017 7:43am
Quoting Nala66
That may well be, this triangle has expanded to Monday now. {image}
yea ,reckon its gonna have to get above and hold that 50% level of the last move down to make some headway to the upside.
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  • #451,488
  • Mar 31, 2017 7:47am Mar 31, 2017 7:47am
Looks content to be a daily Dodgy
  • #451,489
  • Mar 31, 2017 7:51am Mar 31, 2017 7:51am
Quoting Nala66
Looks content to be a daily Dodgy
Cant help but feel since its quarter end something a little bigger than expected could be brewing ,,,, not long to find out now tho
  • #451,490
  • Mar 31, 2017 8:01am Mar 31, 2017 8:01am
That was an impressive move a 45 pip bar. The bulls may now find support (fingers crossed). I was about to knock off for the day.
  • #451,491
  • Mar 31, 2017 8:18am Mar 31, 2017 8:18am
That HH without a support killed the triangle I closed and going to bed. Nice move though hey!
  • #451,492
  • Mar 31, 2017 8:19am Mar 31, 2017 8:19am
Quoting Nala66
That was an impressive move a 45 pip bar. The bulls may now find support (fingers crossed). I was about to knock off for the day.
lol,, yep ,,,,,, the sellers from that oh crap moment just made there money back
  • #451,493
  • Mar 31, 2017 8:34am Mar 31, 2017 8:34am
I just checked the 4 hour chart and it looks like 2588 has been reduced to 2555 because of those dips.
  • #451,494
  • Mar 31, 2017 8:49am Mar 31, 2017 8:49am
Quoting Nala66
I just checked the 4 hour chart and it looks like 2588 has been reduced to 2555 because of those dips.
yep,,,,,,, need a good push thru where we are at right now tho.
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  • #451,495
  • Mar 31, 2017 8:53am Mar 31, 2017 8:53am
last weeks high the hold up atm.
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  • #451,496
  • Mar 31, 2017 9:01am Mar 31, 2017 9:01am
the camarilla pivots ,,,a breakout of 2530 would give a daily tgt point of 2587 ,,,, so potential for the 2588 yet with a good push here
  • #451,497
  • Mar 31, 2017 9:04am Mar 31, 2017 9:04am
Quoting Nala66
I just checked the 4 hour chart and it looks like 2588 has been reduced to 2555 because of those dips.
Have a good weekend bud
  • #451,498
  • Mar 31, 2017 9:21am Mar 31, 2017 9:21am
Quoting KovanTrader
{quote} I would be laughing if this could sit above 1.2530.
well,,,, your sides hurt from laughing ?
  • #451,499
  • Mar 31, 2017 9:38am Mar 31, 2017 9:38am
Quoting narafa
Trend is shaping, here we go, clear that bias will be down today, but I don't expect the lows at 2400-2405 to be violated, at least today. Have to say that today movements are difficult to interpret, so let's see..
Was wrong here folks, not a good call Learn from mistakes.
  • #451,500
  • Mar 31, 2017 9:40am Mar 31, 2017 9:40am
Quoting narafa
{quote} Was wrong here folks, not a good call Learn from mistakes.
keep your dukes up ,,,,
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