GU printed the ID yesterday, and today, both ends were tested; it shouldn't be a surprise. Heavy selling prevented a 1.36 (round #) level from being reached. Right now, a possible expanded flat is in the making (#2 in the scheme below). image ...

Coreg's EW+HP+D/W Range

Whale, without expectations (a.k.a. targets) and the playbook with the setups, you will wander the forest like a blind man. If expectation doesn't pan out, it's the message that a different formation is in play. Trading is not a sure business. We ...

Coreg's EW+HP+D/W Range

Whale, you are correct, Oanda has LL too. Just move B under LL. As long as B is above potential wave 5 and in 78.6-88.6% ret. zone, we are good. But, yes, details matter.

Coreg's EW+HP+D/W Range

Whale, I use a 15M chart for decisions during the trading day.

Coreg's EW+HP+D/W Range

If GU trades below 1.3479, wave C is in place, and a deeper correction is in order.

Coreg's EW+HP+D/W Range

Whale, very nice... Now, what to expect next? We still deal with 2 possible scenarios. Remember that if GU is in the process of making wave 4, the ride won't be smooth. image

Coreg's EW+HP+D/W Range

Whale, I have the same plan every day. Last day range, working like a charm, b/c people will most likely behave the same way, except for a knee-jerk reaction from time to time. image image

Coreg's EW+HP+D/W Range

Of course, you can drop to a lower TF and find an interior BOS to swing from a higher TF. Just remember it's only a retracement to the swing from 1 or 4H. Sure, you can be lucky and pinpoint an absolute low. But also, zones overhead on HTF can stop ...

Coreg's EW+HP+D/W Range

Whale, I see the setup for ChoCh on 30M TF the earliest, but I don't know your definition of CHoCH. image image I got what you were talking about? image

Coreg's EW+HP+D/W Range

AB=CD is a continuation harmonic pattern, the same as ABC flat correction in EW theory. 1.3568 needs to hold if GU is going to make a new high today. London is closing. Can NY do it alone?

Coreg's EW+HP+D/W Range

How big a retracement can we expect today if HOD is in place? 5M trigger chart.

Coreg's EW+HP+D/W Range

Update...

Coreg's EW+HP+D/W Range

Agree, GU is in the resistance zone for today on the daily TF, but judging by the PA on this TF, there is still room to go higher.

Coreg's EW+HP+D/W Range

The resistance zone was convincingly taken out by the parabolic move during the Tokyo and London sessions. Let's bracket today's potential ending zone for this move with 100% of the weekly and daily range between 1.3589 and 1.3609. image fixed the ...

Coreg's EW+HP+D/W Range

T#2 @1.3489 in play as long as bears are unable to get the price inside the channel.

Coreg's EW+HP+D/W Range

birdland, yeah, the zone is strong, but it's not the first bulls atack.

Coreg's EW+HP+D/W Range

Miti, I'm not sure if Iran knows President Trump's life motto: " My way or the highway."

Coreg's EW+HP+D/W Range

GU is trying to close the gap. YCL @1.34601 is a level to be watched

Coreg's EW+HP+D/W Range

Miti, we didn't wait long for a response. image

Coreg's EW+HP+D/W Range

Pharmablaq, always be prepared for the knee-jerk reaction. That's the time.

Coreg's EW+HP+D/W Range