For Elliott Wave Theory enthusiasts. image Wave C should have 5 fractals. image image And an alternative count of waves. Wave C can be an ending diagonal (wedge). I don't like how it looks, but it's the second option if I had to have one. ...

Coreg's EW+HP+D/W Range

Not too much changed from the last post. I closed my short trade from yesterday and won't trade today. It's not my market, too slow.

Coreg's EW+HP+D/W Range

msqk, me too. I don't want this pattern to be demolished. I adjust if this happens.

Coreg's EW+HP+D/W Range

If GU completed the ABC corrective pattern (min @1.3264), the expectation is to the downside. image As long as GU doesn't close above 1.32486 on the daily TF, the end of wave 4 is valid. image Added. Here is what can happen when the ABC ...

Coreg's EW+HP+D/W Range

Trigger chart (5M), decision time coming up.

Coreg's EW+HP+D/W Range

I posted the weekly chart some time ago with the potential resistance zone and timing for correction. image Longer TF doesn't affect my day trading, but I like to be on the right side of the market atm.

Coreg's EW+HP+D/W Range

eyefeelsix, thanks. I wonder if I don't put too much faith in this zone to hold. But until the zone is broken, my view holds.

Coreg's EW+HP+D/W Range

Based on the daily ATR, there is a chance the zone @1.3233-1.3248 can hold today, unless GU has an awesome day.

Coreg's EW+HP+D/W Range

image

Cable Update (GBPUSD)

fex., liquidity + OB with ATR is the target and potential reversal for the day. WH didn't hold today when GU was going up, maybe b/c another liquidity zone was right above. Also, WH wasn't a factor on the way down, broke way too easily. Anyway, if ...

Coreg's EW+HP+D/W Range

Decision time coming up...Hold 'em or fold 'em?

Coreg's EW+HP+D/W Range

A potential move to the downside in DXY was brewing for 3 days. Don't tell me you were not warned. image Added: daily GU chart, prepare yourself for the days ahead. image

Coreg's EW+HP+D/W Range

The 1H chart with the bigger picture. GU has a nice run today.

Coreg's EW+HP+D/W Range

GU took some time to reach yesterday's target @1.3147. Currently sitting in the resistance zone reinforced by the sloping down TL. If a breakout happens, 1.3173 is in play.

Coreg's EW+HP+D/W Range

Georginson, where have you been when Leon "the shark" attacked fellow traders on this forum and chased them out because he became irrelevant with his illiteracy in technical analysis? Are you an ignorant person or a psychologist who wants to build ...

Cable Update (GBPUSD)

Updated NY Open. Friday, GU printed another ID bar. Be mindful of it.

Coreg's EW+HP+D/W Range

Target today to the upside is @1.3147 (it doesn't mean we get there, we aim for it)

Coreg's EW+HP+D/W Range

fex., GU found the support @1.3037 and holds. The first resistance zone is between 1.3126 and 1.3148, with the potential 3rd touch of the TL and continuation down or breakout and test of the WH @1.3195.

Coreg's EW+HP+D/W Range

Whale, part of the business. I closed the gold trade from the Tokyo session after Williams' statement. Second trade: I missed the target by a few ticks because I nursed the MES trade, as I was underwater. So, my Friday is not glorious either. image ...

Coreg's EW+HP+D/W Range

Dollar Index hanging on. image Pattern of the top right-hand corner. image

Coreg's EW+HP+D/W Range