Thanks a lot, I appreciate your attention!

Cable Update (GBPUSD)

Yesterday morning GU made the exact scenario I was describing: 3-3-3. Nevertheless, it didn’t reach the planned area and continued its uptrend. During the day another bullish impulse was formed with each wave shorter than previous one, as shown at ...

Cable Update (GBPUSD)

GU short-term — As the Asian session finished, you can see the price at GU was swinging in a tight area 1.512-1.505. At first, to the downside it formed 3 waves, then the price broke the latter one max level. Though it could be a signal for ...

Cable Update (GBPUSD)

Our recent updates on EU & GU have proved, the price on both pairs went higher/ the bullish momentum is slowing, and soon we can await the correction move. if you followed my analysis, you could have caught 200+ pips. my congratulations! The price ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

still holding buy on gu, waiting for breakout too

Cable Update (GBPUSD)

In short-term perspective, GU is forming another bullish impulse, so you can trade on 5th wave forming. Trading options are: SL 1.4895, initial TP 1.5015. In theory, price can go far higher, reaching 1.508-1.509 area. as always, elliott wave count ...

Cable Update (GBPUSD)

Cable continued its downtrend move today, cancelling the previous set scenario to the upside. It didn’t reach the targets at higher timeframes, that’s why the current downside wave is not a new one, but the continuation of the latter. As shown on ...

Cable Update (GBPUSD)

Just as an update to my previous post I want to add, that in short-term price seems to have succeeded in finding a bottom @ 1.5005 area and at the moment is trading @ 1.5025 level. Such a stron reversal to the upside can be a sign of the beginning ...

Cable Update (GBPUSD)

GBPUSD has just made a significant retracement move, that can be counted as wave [iv] of 3 in my described scenario. With a profitable risk ratio buy orders can be opened now with parameters SL @1.4965 and initial TP @1.511. The detailed chart and ...

Cable Update (GBPUSD)

Since I’ve posted my previous entry about GBPUSD, the situation didn’t change a lot. The cable continued its upside move with wave [iii] of 3. Possibly price reaches area 1.511 (261.8 Fibo level) before it finally retraces with wave [iv]. Depending ...

Cable Update (GBPUSD)

After a strong decline cable started to rise, beginning from the European session. Counting the bullish impulses on low TFs (5-15 min) I determined, that at the moment GU is forming an expanded wave 3. After a minor correction move [iv] we'll see ...

Cable Update (GBPUSD)

2 V — At the end of the previous week EU broke the minimum level of wave 3, opening its way to the downside. By now two variants are possible. First of all, a declining wave should finish soon. Maybe it’ll find its bottom at 261.8 Fibo line ...

EURUSD

small update — in order to prove the correction move to the whole 5-wave construction price should reach 1.529-1.531 area.

Cable Update (GBPUSD)

GU makes another low — The cable bottomed at the moment in 1.524 area. The formed wave 5 was shorter comparing to wave 3, that was essential to prove 5-wave pattern (as wave 3 was shorter than wave 1). As I await a good entry point for opening ...

Cable Update (GBPUSD)

scalping idea for GU — A few minutes after my previous entry was posted, price @ GU succeeded to break 1.531 level. The current position gives a good opportunity for scalping entry, as shown at 1min chart. Trading options and the chart are ...

Cable Update (GBPUSD)

GU starts to rise — GBPUSD made another 5-wave pattern with a downside direction, as shown at 5min chart. The same area is shown at a higher TF for a better view. There you can see that GU already has made 3 waves heading down. Maybe it's a ...

Cable Update (GBPUSD)

EURUSD broke the previous minimum level, that you can check in my previous entry. but the question is open: how long the downside move is going to continue? An idea came to me right now, that EU may correlate with GU (where we're awaiting one more ...

EURUSD

GBPUSD declined for some pips and formed the third wave, that is approx. 161.8% Fibo line length comparing to the first downtrend wave (as shown on 5min chart). As the price still didn't break 1.55273 level, the possibility of the upside move is ...

Cable Update (GBPUSD)

As I've written before, the price went lower than previous min level, 3 waves are formed at the moment. Both variants for up- and downtrend are actual. check the signature link for details.

EURUSD

GU opportunities in a short-term — GU made a strong upside move today. After analyzing the lowest TFs I decided, that the uptrend is not over yet, the cable needs one more wave to complete the standard 5-wave pattern. On the other side, you ...

Cable Update (GBPUSD)