The DXY is expected to undergo a retracement lasting at least 3 to 5 days.

Coreg's EW+HP+D/W Range

Decision time for day traders is coming up. image

Coreg's EW+HP+D/W Range

AshleyFX, it was a smart call.

Coreg's EW+HP+D/W Range

After a bearish Gartley pattern, the T#1 is at 1.3391, and T#2 is at 1.3357

Coreg's EW+HP+D/W Range

Target for today hit. Do we get more?

Coreg's EW+HP+D/W Range

After expanded flat correction (a)-(b)-(c), a new high is expected (that's the theory). Tough level to overcome seems to be 1.3400 for now. image image

Coreg's EW+HP+D/W Range

msqk, that's why I trade on target. If the market goes much farther, I will biatch later. Today the targets were: 1.3311-127.2% extension of (a)-(b) swing. Pivot point S2 @1.3311. The decent distance of 2 levels from PP to S2 that we shot for. And ...

Coreg's EW+HP+D/W Range

How to avoid being on the wrong side of the market during a parabolic move or entering too early? I use 8 Exp. M. Avg. on 15M TF.

Coreg's EW+HP+D/W Range

msqk, I've seen it many times when the market is 3-5 pips away from the TP and the person is fixated on getting what they intended. My question is: how many pips are you willing (not you, anyone) to potentially risk/sacrifice to see if your intended ...

Coreg's EW+HP+D/W Range

msqk, we've been waiting for this level to be hit for ages, but it's what the chart is telling us. Just think how far away from the level you would consider it tested. 5,10 pips?

Coreg's EW+HP+D/W Range

fex., very nice again. Yes, this setup is also in my playbook. It's called "2B" by V. Sperandeo or "Turtle Soup" by L. Raschke. Here is the idea of how it works. image image

Coreg's EW+HP+D/W Range

The market cooperated nicely with the prior analysis. Possible one more swing down to complete (b)-(c) swing (5 fractals). The long-term TL has been broken. Do we get BPC set up? The potential bounce of the TL is now in play.

Coreg's EW+HP+D/W Range

fex., here is the daily chart. It shows better what I wanted to say about the liquidity zone in question. This zone has been tested twice. The question is: how many traders still want to defend this zone? How many new traders are willing to enter ...

Coreg's EW+HP+D/W Range

fex., same thought. I don't have timing for the end of a potential wave 4, so I'm thinking of a possible flat correction to the downside. Just remember, I trade on smaller TFs and can swing back and forth during the trading day. image image

Coreg's EW+HP+D/W Range

[quote=Pat Chiko;15507920] Merry Christmas & Happy New Year 2026. Ah, yes, a true visionary of the financial markets. Clearly, the problem isn't a fundamental misunderstanding of price action or risk management—it's a lack of audience. Why bother ...

Cable Update (GBPUSD)

Watch the last retracement zone (78.6-88.6%). This is the most likely place where the imminent pattern can be screwed up. In our case, 1.3445-1.3450.

Coreg's EW+HP+D/W Range

It was quick. The potential high for the day has been reached, but the first retracement for the week, at 1.3480, is now in play if 1.3410 holds.

Coreg's EW+HP+D/W Range

The level at 1.3345 was too strong to overcome on the first trial.

Coreg's EW+HP+D/W Range

The bearish flag pattern failed. Now, we pay attention to the potential bearish Gartley pattern. If the weekly high @1.3439 is taken out, the target we should aim for is @1.3465. It doesn't mean we get there for sure, but we should be on the lookout ...

Coreg's EW+HP+D/W Range

Timing with zones for completion of wave B and wave C. image image

Coreg's EW+HP+D/W Range