As of now, the Euro is still a few pips away from 1.1660 after testing a high of 1.1645 (iv). Will we reach that level? I’m not sure, yes, maybe, perhaps.

Coreg's EW+HP+D/W Range

It can be difficult to drop GU b/c there are many support zones below the market, although both WRE and DRE were reached. image The next resistance zone on the daily TF is between 1.3512 and 1.3418 image

Coreg's EW+HP+D/W Range

DmShka, before we need to deal with the biAtch resistance zone @1.3467-1.3488. But of course, it's a possibility to be considered.

Coreg's EW+HP+D/W Range

Price is above YCL, PP, and NY Open. Additionally, there is an ascending trendline. Bears need to take action if the GU is to drop today. Updated the 1H chart.

Coreg's EW+HP+D/W Range

One end of yesterday's range (YH) has been tested. Do we get the other end tested? IDK. We've already had three liquidity sweeps, and they didn't lead to a deeper drop, at least today.

Coreg's EW+HP+D/W Range

Whale, me too, b/c I'm a range trader; daily, weekly, last swing on 30M, Globex (range before NY Open), and I'm not ashamed to take 15-25 pips on the trade.

Coreg's EW+HP+D/W Range

GU printed another inside bar on the daily TF, so one of the ends (at least) should be tested today.

Coreg's EW+HP+D/W Range

war is ending again... image image

Coreg's EW+HP+D/W Range

RemyLou, let's start with the statement that the EU is making LL-LH on your TF of choice (4H). The EU reached the zone for the potential end of wave C (there is still a possibility that lower levels can be reached). If the leg B-C is done, the min ...

Coreg's EW+HP+D/W Range

birdland, I'm not saying the last support zone will hold, just be mindful that there are defenders.

Coreg's EW+HP+D/W Range

birdland, if you suspect the correction is over at 1.3307, 1.3338 is the level in the last zone that should hold to support your view. I hope I captured your idea correctly.

Coreg's EW+HP+D/W Range

RemyLou, if the low on 4H TF is not in place yet, it should be soon.

Coreg's EW+HP+D/W Range

Not too much to say about this PA. Just trade from zone to zone.

Coreg's EW+HP+D/W Range

So far, no one has been bold enough to challenge the tough resistance zone between 1.3468 and 1.3488. image

Coreg's EW+HP+D/W Range

More good news for GBP...war is ending again...

Coreg's EW+HP+D/W Range

For the second day in a row, I go with the ABC pattern (up and down) on the 15M TF, making 14-20 pips by sitting forever to make a buck.

Coreg's EW+HP+D/W Range

Absolutely nothing can be easy trading this pair.

Coreg's EW+HP+D/W Range

Yesterday, the GU formed an inside bar on the daily time frame, with the low already tested. The price is still above 50% of the wide-range bar at 1.3376. I removed the diagonal trendline because it doesn’t make sense to keep it in a ranging market ...

Coreg's EW+HP+D/W Range