Anytime. It's potential wave 4, so usually it's a complex correction or at least an abc pattern to the upside, but a V-shaped reversal is not a stranger to this pair.

Coreg's EW+HP+D/W Range

Not too much has changed in the last 24 hours. GU is on the way to T#2 @1.3165 but has plenty of support for today.

Coreg's EW+HP+D/W Range

Forgediron, and I thought you didn't have a sense of humor...my bad.

Cable Update (GBPUSD)

Please help me, and name the system that gave the signal to buy BP in the last 5 days.

Cable Update (GBPUSD)

FBarthez, I haven't traded EJ for a very long time. I was fed up with PA in April, and the pair doesn't move too much during my trading hours (the NY session). Check the weekly chart. This week, EJ makes an ugly weekly bar. image

Coreg's EW+HP+D/W Range

GU update after FOMC, valid only for today.

Coreg's EW+HP+D/W Range

The euro is very weak. The avg. weekly range greatly exceeded.

Coreg's EW+HP+D/W Range

EU daily chart, with only 4-5 swing retracement.

Coreg's EW+HP+D/W Range

Target #1 @1.3327 hit, GU found temporary support at the demand zone around 1.3300 and now trying for target #2 @1.3165 image GU had a mediocre bounce, only to regain 23.6% (1.3373) of the entire move down.

Coreg's EW+HP+D/W Range

ChiForex, I suspected three weeks ago when I checked the DXY chart that you would have a field day, but let's move on now. You had a good call.

Cable Update (GBPUSD)

It took the dollar index 12 trading days to form A leg; the C leg should be similar in time. image image

Coreg's EW+HP+D/W Range

Check my post from July 15th. The market's PA didn't change my view ... url

Coreg's EW+HP+D/W Range

On the daily TF, if the market closes below the swing (iv) @1.3369, we should keep an eye on the 1.3300 level. Look to the left, there is an untested demand zone.

Coreg's EW+HP+D/W Range

So far, the market is cooperating with a potential reversal from high. 1.3454 was too strong to overcome, and GU resumed moving to the downside. image image

Coreg's EW+HP+D/W Range

The first tough resistance zone @1.3447-1.3454

Coreg's EW+HP+D/W Range

Is the Dollar Index in the process of making a second correction leg?

Coreg's EW+HP+D/W Range

The market gave us more than we bargained for. I will update the chart after the NY Open.

Coreg's EW+HP+D/W Range

and intra-day 30M chart for today only. image image

Coreg's EW+HP+D/W Range

Only the market can tell you if you are right or wrong. Follow the market structure. image image image

Coreg's EW+HP+D/W Range

1-5 pattern was invalidated. The GU got above 1.3562 image and 30M TF for day traders image

Coreg's EW+HP+D/W Range