Initial target of the mentioned retracement is 1.5325

Cable Update (GBPUSD)

The pair may retrace to the upside before breaking 1.5295 level.

Cable Update (GBPUSD)

EURUSD ascends downtrend — Our trading idea about the other bullish mini-wave at EU didn’t prove, the pair broke the previous minimum, that showed the correction move is already active. Though, I was lucky and the price retraced just after the ...

EURUSD

EURUSD is still trading in a range 1.3725-1.3815. A recent downside move has formed 3 waves, and the first one consisit of just 3 microwaves. It means, that now more likely is the variant of another bullish wave in a short-term. So, buy orders can ...

EURUSD

How have you counted your possible targets, I mean 1.526 and 1.5425 As for me, the next big stop for the cable might become 1.548 level, but to me it's unlikely we'll see it without a previous correction move.

Cable Update (GBPUSD)

my targets were set @ 1.529 and 1.53 as you can see, they're alreay closed!

Cable Update (GBPUSD)

As I've mentioned before, the cable succeeded to reach the 1.53 level and even higher on a fundamental basis. The price touched 261.8 level according to Fibonacci lines. From that peak a bearish move can be started. Less likely variant is the ...

Cable Update (GBPUSD)

EURUSD bullish scenario completed! — Nevertheless I have some doubts about if the price @ EU goes to make another short term peak or has it already started to decline, I should admit my scenario on upside wave 3 has completed. I hope you ...

EURUSD

EURUSD short-term analysis — I'm posting alternate view on short-term development of the latter bullish wave, as shown at 5min chart. Though the 1.3795 level was successfully broken, we could see another micro-impulse to the upside, as only 3 ...

EURUSD

As I've mentioned before, the upside move on EURUSD cjrrelated with the exact one at the cable. GU made another peak without confirming the retracement. so the way to 1.5290-1.53 is open by now. all the updates are posted in the signature link.

Cable Update (GBPUSD)

During the Asian session GBPUSD didn't show us new highs. Possibly, we'll see another peak soon, before the correction takes it's place, to the area of 1.53, that I've mentioned in my previous entry. If the correction continues, the target would be ...

Cable Update (GBPUSD)

By the way — f right now price goes lower than previous min level (~1.376) that will indicate the possibility of forming the expanded 5th wave. All the updates are posted in the signature link

EURUSD

EURUSD continues the final part of bullish wave — During the Asian sesseion there was a very low volatility at EU, this pair made just 20-30 pips up and broke the previous peak (at low TFs). Still, it didn’t touch the previous peak 1.3795 and ...

EURUSD

EURUSD is finishing the bullish wave — The update I posted before was proven. EU is right 20 pips below it previous peak 1.3795, when the price touches or breaks this level, bullish scenario can be counted as finished. The final, fifth part of ...

EURUSD

GU scenario proved — Congratulations t oeveryone who followed my trading options during the day! The 5th wave I was writing about beforewas formed and those, who opened trades along with me, managed to catch 150-250 pips depending on entry and ...

Cable Update (GBPUSD)

As I've mentioned before, EU started to rise in order to form a final part of current bullish impulse. At the moment wave (3) of 3 is formed, as shown at 5min and 15min charts. in a scalping term buy orders can be put with SL below 1.368 and target ...

EURUSD

The update I posted yesterday is till actual. Almost half a day the volatility at the pair was very long, at the beginning of European session GU made another decline and bottomed at 1.497. Possibly from this moment the fifth part of bullish impulse ...

Cable Update (GBPUSD)

At the beginning of today’s European session I’ve posted a topic “EURUSD hasn’t finished 3rd bullish wave yet”, that scenario is already proved. The price has retraced more than 50% of length comparing to the previous bullish wave. The current prie ...

EURUSD

The possibility of good entry @ GU — As I’ve written several hours before, cable made a downside move, that was significant. The pair succeeded to decline lower that 50% Fibo line in a few hours. Now it seems to me a good entry point to test ...

Cable Update (GBPUSD)

short-term GU — During the Asian session on Monday the cable made another, the third, wave to the downside. The move with a bearish direction (it may be both a correction to the previous bullish impulse or a new short-term trend; we can’t tell ...

Cable Update (GBPUSD)