Not too much changed. GU has difficulty touching 1.3307. Do we get it? I don't know. Maybe, yes, no. AB=CD @1.3297 is the completion of the first pattern I would look for GU to bounce up. image image

Coreg's EW+HP+D/W Range

We need some force to push the price outside of the zone @1.3339-1.3375, b/c right now everyone is comfortable sitting in the middle.

Coreg's EW+HP+D/W Range

YL held overnight. Now, let's see if the bearish Gartley pattern will stop the retracement @1.3370-1.3378.

Coreg's EW+HP+D/W Range

fex., you are correct. Liquidity sweep seen even better on your 4H chart. Someone with serious money was sitting there selling relentlessly. It can be hard to move above today's high. Test of the WH @1.3269 possible tomorrow. AI overview. image

Coreg's EW+HP+D/W Range

Potential plays for the rest of the week.

Coreg's EW+HP+D/W Range

GU hit all targets for the week. Do bears take over now? image image

Coreg's EW+HP+D/W Range

If wave v is in place, we should target 1.3294-1.3268 on retracement.

Coreg's EW+HP+D/W Range

The second level @1.3347 from the WRE zone hit. GU is a stone's throw away from 100%weeklyATR(14) @1.33767 image

Coreg's EW+HP+D/W Range

My thread promotes me, not my words; you can spin it any way you want. Misery loves company, but you need to look closer to home.

Cable Update (GBPUSD)

Nordling, Psychology 101: If you are miserable at something, bring others to the discussion and compare yourself to them to feel better. Yes, I'm better than 90% people here b/c I have a plan, rules, and follow them. Please, don't compare me to ...

Cable Update (GBPUSD)

Yesterday, GU printed the NR4 bar on the daily chart. The expanded range was expected after 4 days of consolidation. The first target @1.3302 was reached. The first support zone, if GU decides to make a retracement, is between 1.3275 and ...

Coreg's EW+HP+D/W Range

Usually, wave (4) is dramatic b/c is most of the time complex.

Coreg's EW+HP+D/W Range

Possible, as long as the prior swing high is not violated. Here is a scenario that can play in your favor.

Coreg's EW+HP+D/W Range

After the ABC correction, GU should make a new high. It can be stopped in the zones on the chart. image 15M chart for today only. Added: As long as TL not holds and prior swing is not taken out, we don't know if wave 5 is in place. That's why I ...

Coreg's EW+HP+D/W Range

... image

Coreg's EW+HP+D/W Range

msqk, doable, but YL has to be broken again. Watch for the completion of a potential flat expanded correction. Also, your target at 1.3125 may be in play (test of the low at 4) image image

Coreg's EW+HP+D/W Range

Battle continues. The bulls have been unable to close above the upper channel trendline and the horizontal line at 1.32486 so far (4 days). The credit goes to the bulls for hanging in there for so long. image image

Coreg's EW+HP+D/W Range

The new setup after Thursday's high was broken. Still watching if GU closes below 1.3248 after flirting 2 days in a row with this level. Potential resistance zone for today is between 1.3280 and 1.3292.

Coreg's EW+HP+D/W Range

fex., if wave C is in place, min correction of B-C swing is the zone between 1.3180 and 1.3155. Min correction for the entire formation (0-C)is the zone between 1.3170 and 1.3140. The zones are valid if the Thursday high holds. image Sharing is ...

Coreg's EW+HP+D/W Range

If anyone is interested in the basics, here is an excellent start to the Elliott Wave journey. url Disclaimer: I don't endorse any courses, webinars, or mentorship programs except that this website is a good place to learn EW.

Coreg's EW+HP+D/W Range