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Cable Update (GBPUSD)

Pumi, yes, it is possible GU might make another leg up... I changed my labeling after the 6th day of correction (AB) which matches 0A retracement in time, also 6 days (agreement with the guidelines)...It's the market, every option is always on the ...

Cable Update (GBPUSD)

TV, today big correction to 61.8%?

Cable Update (GBPUSD)

update...Good trading to all of us in 2020...

Cable Update (GBPUSD)

wait for reversal signal...don't rush.

Cable Update (GBPUSD)

market changes quickly...

Cable Update (GBPUSD)

The celebration of the new year didn't start yet, stick for more fireworks (possible)...

Cable Update (GBPUSD)

The zone of the Ret. of the previous swing (38.2-50%) has been reached, so I think it's anybody's guess how high the price will go today that's why we drop to LTF (30M) to pinpoint reversal. Notice 6 days down and so far 5 days up, on the daily ...

Cable Update (GBPUSD)

still, room to go up imo...just 3150 on the way to higher price...

Cable Update (GBPUSD)

Possible plays for days to come... Edit: I changed the labeling on the 30M chart.

Cable Update (GBPUSD)

giveachance, with all due respect before you start to write about traders posting in this thread please check at least their charts for the last 2-3 weeks so you will have an idea about their skills...We have here at least 30 traders who have an ...

Cable Update (GBPUSD)

gespiri, it was very weak Wave_4...61.8% of W_2 and 23.6% of W_3...yes GU didn't reach a common zone for wave 4 which is 38.2% of W_3 and 100% of W_2 ...Hopefully, for bulls W_5 is in place after such weak retracement.

Cable Update (GBPUSD)

Piparins, no arguing from me just the facts...GU weekly chart: just counted 28 inside bars out of 256...which is consistent with what I had been told a long time ago that about 90% of the time at least one end of the bar (H or L) will be tested next ...

Cable Update (GBPUSD)

knkie, whatever works for you I am ok with it. Any interpretation of statistics or probabilities I am ok with it also. I use TL's only as a timing tool but I draw them as was taught by Victor Sperandeo and I don't consider it as "the only method". ...

Cable Update (GBPUSD)

[quote=knkie;12670370] HAHAHAHAA i dont think you know what statistics mean. "price is likely to break a Hi OR a lo" ahem yes try choosing a side, then we can talk probabilities. image knkie, @Piparins has a very valid point supported by ...

Cable Update (GBPUSD)

Hezam, very possible unless GU decides to make extended (iii)...

Cable Update (GBPUSD)

@appletrader, very nice analysis...congrats...My playbook for the next 24 hours (harmonic pattern (bullish bat) combined with EW principle)).

Cable Update (GBPUSD)

Vikinsa, how the owners of this software explained that they anchor any leg wherever suits them to mark the pattern?...it's useless for harmonic patterns traders...please, convince me that I am wrong.

Cable Update (GBPUSD)

...waiting game for now.

Cable Update (GBPUSD)

avpcap, just the pattern (EW)...how it unfolds? I don't know, we see in the future. Termination of the correction can happen in 2 places...1) around W:4 or around W:1 of lesser degree.

Cable Update (GBPUSD)