Hi Nader, I'm using Metatrader (Demo), new 4hr candles at 4:00, 8:00, 12:00,... CET. I know this problem some of us see a pin bar or dbhlc on their charts and the others not. Thomas

GBPUSD

Pin bar — I think this is or could be a pin bar. We'll see. Do you think it's better to wait for retracement before entry ~1,8048

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channel update — closer view - 1hr chart

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Channel update — Daily view

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Hi Iso, I think you commented the previous move (short opportunity) (see #71 + #72), but I meant the very last up move (entry ~1,8055 / exit ~1,8075) after the bull.eng.pat. But you found a nice pennant, I think it fits better than my triangle ...

GBPUSD

One more chart — This is the last chart for this week, I promise. Pair found support at prev. low (fib 0), bullish divergence on MACD + MACD-H + Stochast, bullish engulfin pattern, triangle break on 15min chart--> worth 20 pips Habeeb, 8 ...

GBPUSD

It was a pin bar! — It was a pin bar with a break of fib + trendline.

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Pin-bar? — Is this a pin bar?

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Do whatever you want with my charts! You found a nice little triangle. I don't have a view for them, but for channels.

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new channel — The new channel seems to be confirmed, with a bounce off the bottom line. There was a tweezer/double-bottom on the 1hr and a bullish divergence of MACD-Hist. on the 4hr chart. Found resistance at Fib 38 / EMA 60. But anyway, I ...

GBPUSD

Habeeb, I'm trying several indicators (MACD, MACD-Hist., Stochast., Volume, ADX, RSI, RMI, Elders' RSI, CCI, etc.). As you can see I search for channels, triangles, etc.(Rob Booker, Martin Pring) in 1+4 hr charts. When price reaches top/bottom line ...

GBPUSD

New channel — The last few candles (1+4hr chart) formed a new channel, but I think its too steep -> not very reliable. What do you guys think?

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raesonable trade — Hi Ivenger, you are absolutly right. But for now i'm in the phase: Miss the good ones, take the bad ones. I'm quite good in commenting the past, but my forecasts..... don't ask.

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Perfect Touchdown — This channel stuff is amazing. BOTH channel extensions (long and short term) were perfectly confirmed. Hit of Fib 50 as a bonus. Unfortunately I was sleeping. On the other hand it's hard for me to recognize outbreaks ...

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Some more channels — Hi, the channel-guy is back with a different view. (1 hour chart)

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Daily view — I think this looks like a flag, confirming the bull market. Fib-ext. matches with top @ 1,8180. Would like to see a double top?

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Hi Isotonic, I think you love triangles. That's an intersteing view. I like the little flag inside. Can't see that on xtick or metatrader. By the way: maybe we'll see a nice bearish divergence on 30 and 15 min. chart.

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New try. — It was nice to see that the pair didn't care my thoughts and lines. Here is perhaps a new channel, but who knows?

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Same plan - more details — Hi all, I made no changes on my plan, still waiting for: 1. Retracement to the top of new channel, to get a better entry or 2. Break of lower middle line + S2 pivot I've made a new chart with fib-lines. There are ...

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Possible entries — I see two possible entries: 1: Pair retraces and bounces back on the top of the new channel / bottom of the old. 1,7890 2: Pair breaks below S2 and the lower middle line 1,7810

GBPUSD