msnipe, I saw your chart...Right now all scenarios on my daily chart are in play unless I am missing something. On 15M GU completed AB=CD, still possible bearish bat pattern or crab pattern to the upside if the zone for bat pattern is taken out...

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A tough time but EW and harmonic patterns analysis hold.

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More clear now...

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For 3 days range trending...scalpers paradise. Which way will it go? anybody's guess.

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navk, your close might be between the zones for the (iV)th wave...just saying.

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just for the record...Dec 30, 2019... url and another at least 20 traders here ...@Bones leading the way...

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I will stick to my guns and trade towards AB=CD completion...

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I hope you didn't miss the memo from @msniper yesterday...

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still, prior's week low provides support...thanks for the info, didn't know that.

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We still deal with two possible scenarios...yesterday's President Trump press conference didn't help DX

EURUSD

Moty, yes...no...maybe... you never know what market brings us...possible abc correction to the upside and then the second leg down (zig-zag)

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shahab8b, I've seen your posts from other threads too, you hit every target. I posted a long time ago pdf file "Naked Trade", if you need more reading on AB=CD you will find there very useful/practical information. Good luck with your trading.

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shahab8b, very nice...simple and effective...AB=CD is my bread and butter pattern too.

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Shahab8b, I marked W_1 as an abc ( it doesn't mean I am correct and you're not) ...with the rest we are on the same page.

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Same here...

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Now I expect 1.2818 level to be in play because weekly low was taken out...

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krst8, I don't believe I am smart enough to analyze other factors during the trading day (on the fly), that's why I concentrate on the charts. If I have the pattern I will take it, accept the risk, set the profit target, SL and so on. This comes out ...

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pipfarm, I am a stubborn person, if something works for me I will continue using it until proven otherwise...As you see on my charts I apply only basic principles of EW, the rest is harmonic patterns, weekly/daily range. I know what you are talking ...

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krst8, when I am in doubt I always refer to higher TF

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no longs for me until I see 12345 pattern completed in BC leg...without it GU is still vulnerable to the downside.

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