2 zones for potential end of wave 5. image

Coreg's EW+HP+D/W Range

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Cable Update (GBPUSD)

Miti, it was a good chance with continuation to the downside, b/c on the daily TF, as I said a few days ago, GU is in sideways-to-up mode, and now it will be harder to drop again, but doable as long as at least YH holds. We will see, anything is ...

Coreg's EW+HP+D/W Range

Miti, from the daily TF, 1.3430 wasn't a bad target.

Coreg's EW+HP+D/W Range

Miti, I thought that 1.3479 would hold b/c was tested so many times and the bears lost the battle. I was wrong to think I could make money sleeping. The first resistance zone was busted.

Coreg's EW+HP+D/W Range

Just-Trade, my stop loss is always above/below SH/SL before the entry. In this case, SL hit with -10 pips. I wasn't at the computer, so I didn't average this time.

Coreg's EW+HP+D/W Range

I will settle in the middle...1.3420

Coreg's EW+HP+D/W Range

Target zones on 15M chart after the break of support at 1.3479

Coreg's EW+HP+D/W Range

And the same story continues. Be aware that the GU printed ID/NR4 bar yesterday. An increase in volatility should be expected.

Coreg's EW+HP+D/W Range

birdland, when I get into the trade with half a position b/c the next support or resistance is close by, I average. You can always play with the size of your lot. Let's say you don't want to risk more than $150, and the end of the support or ...

Coreg's EW+HP+D/W Range

birdland, I wish it were from today. That's the last 2 days. image I posted this chart yesterday. They caught me on the bounce of the TL. image

Coreg's EW+HP+D/W Range

That's what I do during the NY session. +13+20+5+18+30 (all taken on the 5M chart). But I'm so engrossed in trading GU that I missed a very good trade in gold yesterday.

Coreg's EW+HP+D/W Range

For the 3rd day, GU is trading in a tight range. It's difficult for day traders, especially if you trade only one session, as I do. It is what it is. The resistance zone is between 1.3530 and 1.3545, and support is close to 1.3475. We need some ...

Coreg's EW+HP+D/W Range

GU makes another attempt to break 1.3479

Coreg's EW+HP+D/W Range

GU is at a critical point for today. Are we going to get a breakout or a bounce of the TL? image The daily chart is still in sideways to up mode. image

Coreg's EW+HP+D/W Range

1.3479 held on the first test. If the high is in place, more downside should be expected, but first, we look for one of the resistance zones (marked on the chart) to hold. image I updated PPs levels.

Coreg's EW+HP+D/W Range

If you took the trade, congratulate yourself for a job well done. The second target has already been hit. That was fast.

Coreg's EW+HP+D/W Range

I'm looking for a completion of at least AB=CD pattern today, targeting @1.3554 if LOD holds.

Coreg's EW+HP+D/W Range

Whale, you marked wave 4 as a leading diagonal; it can't be right. Another way to mark this upside move is as an ABC correction, and wave C can be an ending diagonal. image image image

Coreg's EW+HP+D/W Range

If the LOD is in place, we should target a minimum of 1.3546

Coreg's EW+HP+D/W Range