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Cable Update (GBPUSD)
Started Nov 18, 2006|Interactive Trading|874,961 replies
Hi, Does anyone agree cable may go up to 1.9050 area? or will continue bearish when the market ...
trucco, i agree with you. i think cable will countinue uptrend up to 1.9205 or another resistance line at 1.9238
Somewhere around 1.8750 but i haven't set my TP yet.
Support & resistance, trendlines, channel, sometimes i also use mouteki method and Tom Demark.
i sell based on my technical analysis. I might be wrong. i set my stoploss 20 pip above entry. If i loss, i will sell again at 1.9090
Yup. hit my TP gain 90 pips. I will not short yet because gbp can go up to 1.9050 and 1.9090. I will see tomorrow..
I think this week is very slow moving for gbp/usd because of US public holiday.. but i still go long until the price hit my TP @ 1.9030
nice move.. i hope will hit my target today @ 1.9030 then i will short again at 1.9030
I have done alot of analysis since last friday and it shows cable can go up to 1.9033 maybe.. and i don't think today the price will hit that level because today not much news for gbp and usd.
Yes it may pullback but also it may continue bullish..
Just simple, if the trend tomorrow bullish you buy if bearish you sell
im i correct? Hahahah..
Thanks for your reply. My strategy when the market open above 1.8950 i will set long because the market open above the resistance.
Hi, Does anyone agree cable may go up to 1.9050 area? or will continue bearish when the market ...
According to my technical, gbp/usd may go up to 1.9066 area or gbp/usd may bearish when the market open next week.
i draw it manually. Yes after i re-draw i can see new trendline there. Thanks
and also if you use mouteki method, the price already break demand line.![]()
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I have a feeling that gbp/usd will reverse. Why, because 4hr chart the price break the channel. Any suggestion?