We will see, for now we play ret. of 4-5 swing. One step at a time.

Coreg's EW+HP+D/W Range

It all depends on our trigger. No trigger, no trade.

Coreg's EW+HP+D/W Range

There is nothing wrong if the pattern fails. It's the information that a bigger pattern is in play. We were looking for a bat pattern (completion @1.3441) or down to 127.2% extension @1.3419.

Coreg's EW+HP+D/W Range

Yesterday's ID bar closed below 50% of an engulfing bar. Maybe that's why the traders are undecided? more here.... url

Coreg's EW+HP+D/W Range

We got min daily objective for GU. After yesterday's red bar, an expectation for retracement today was 50%.

Coreg's EW+HP+D/W Range

Set the zone for wave 3, then find the zone for wave 4 using guidelines from page #1 of my thread. image image On a smaller TF wave count, maybe slightly different, and we would have to adjust labeling on 30M.

Coreg's EW+HP+D/W Range

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Coreg's EW+HP+D/W Range

I babysit my MES trade...

Coreg's EW+HP+D/W Range

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Coreg's EW+HP+D/W Range

It's tough to go long right now if you have WH, YH, or NY open, just above the market.

Coreg's EW+HP+D/W Range

Tough choice on GU. The price poked inside potential wave 1, so would you consider it as a valid wave 4 forming? Or mark wave (a) as the first leg of correction abc? Either way the correction is expected if the TL holds.

Coreg's EW+HP+D/W Range

rehmatkhan, the first scenario: today's high is wave (v) and the expectation is a correction to at least 38.2-50% of (i)-(v) @3358-3349...the most obvious choice. The second scenario: today's high is only the wave 1 of (v), but the extension in ...

Coreg's EW+HP+D/W Range

rehmatkhan, if you are looking for a breakout to the upside, today's low or the zone for a potential wave 4 on 60M TF has to hold. Note today's inside bar. image

Coreg's EW+HP+D/W Range

Trading futures index is a different animal.

Coreg's EW+HP+D/W Range

Remember, swing B-C should have 5 fractals... image image

Coreg's EW+HP+D/W Range

A great deal of patience is required to trade this complex correction. image image

Coreg's EW+HP+D/W Range

ChiForex, there is a long way to go. One of my green zones has to hold; otherwise, the DXY will be in trouble. Currently, it's hard to discern any pattern. (EW,HP)

Coreg's EW+HP+D/W Range

On 30M TF, we have 3 potential zones GU can bounce off. For now, PP @1.3487 holds.

Coreg's EW+HP+D/W Range

Reversal in price and time zones.

Coreg's EW+HP+D/W Range

I hope you didn't rush to cover longs as I did. The next target level at R3 @1.3539

Coreg's EW+HP+D/W Range