The 4th day of consolidation... someone has to be wrong. FVG @1.3670-1.3676 holds the price to the upside, 1.3605 can act as a support.

Coreg's EW+HP+D/W Range

GU is in complex correction to the downside. The last 2 days have been difficult to trade intra-day with BOS, FVG, and a lot of resistance overhead and support below the market. The first resistance zone is between 1.3633 and 1.3640. CPI in minutes. ...

Coreg's EW+HP+D/W Range

fex, I have as high as 1.3811 from the daily TF for the end of potential wave B with strong resistance at 1.3732. I still pay attention to 1.3683 (yesterday's 8:30 print) b/c it might be the game-changer for GU if this level isn't broken.

Coreg's EW+HP+D/W Range

Decision time is coming up. GU is in the first resistance zone. image image

Coreg's EW+HP+D/W Range

Yesterday's bar was ID, and both ends, high and low, were tested. Because the miss of the NFP number was big, the 15M bar after the data was 74 pips big. Gu can spend the rest of the day in this range. Watch the 1.3683 level.

Coreg's EW+HP+D/W Range

Headland

Cable Update (GBPUSD)

Before the storm.

Coreg's EW+HP+D/W Range

and a 5M trigger chart for those who trade intra-day.

Coreg's EW+HP+D/W Range

Potential scenario for the days ahead.

Coreg's EW+HP+D/W Range

Targeting today, the zone between 1.3672 and 1.3695 with the possibility to reach 1.3707 (the end of AB=CD pattern)

Coreg's EW+HP+D/W Range

Meathead,

Cable Update (GBPUSD)

Thanks, fex.

Coreg's EW+HP+D/W Range

A good weekly range of 215 pips has been made so far. Tomorrow is NFP day, which can be a volatile day too.

Coreg's EW+HP+D/W Range

Waveskie, come on, don't be picky, only 6 days later.

Cable Update (GBPUSD)

Is it only me who doesn't see the chart and video?

Elliottwave-Forecast.com - Official Thread w/ Analysis Blogs

Remarkably, GU after hitting high @1.3870 behaved by the book. The channel's upper TL didn't hold, and 1.3541 was reached. Now, if A leg of the zig-zag pattern is in place, the retracement to the upside should be expected to 1.3667-1.3706 ...

Coreg's EW+HP+D/W Range

If GU makes the final section (5???) of the 1-5 pattern, it should have 5 fractals. Note that the zone for the end of wave 5 is wide (32 pips if GU gets there). Use your own guidelines for the profit target.

Coreg's EW+HP+D/W Range

Waveskie, most likely, but she is definitely in his head.

Cable Update (GBPUSD)

Close above 1.3750 on a daily TF invalidates the current wave count.

Coreg's EW+HP+D/W Range

Meathead, do you know who is teaching your ex-girlfriend how to trade gold now?

Cable Update (GBPUSD)