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Shug replied Jul 10, 2014Looking for a sell around 1.7155 area, if there is a reversal signal. Violation much higher than this will invalidate this Gartley. image
Cable Update (GBPUSD)
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Shug replied Jul 10, 2014True that brother! Bias should be avoided for sure! Bias aside, I expect 1.67 area (possibly lower) to get hit within the coming months, but would not be surprised if it doesn't even come close. G/U has made a point of avoiding my expectations since ...
Cable Update (GBPUSD)
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Shug replied Jul 10, 2014Would like to see this butterfly play out. It's a little too soon to confirm point C, but it is bouncing off of the 4hr 200 EMA. Ideal sell for me would be 2.149 area IF the pattern completes. image For a TRY pair a 20 pip PRZ is pretty damn good!
USD/TRY
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Shug replied Jul 10, 2014Was watching this sucker about a month ago until i went out of town. Oh well, on to the next one. image
USD/CAD
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Shug replied Jul 10, 2014In the short term, hopping to see 1.69 get hit soon. Medium - longer term hoping for 1.67, or lower. From my technical perspective GU is super over extended. 290 days since a touch of the daily 200 EMA...That's crazy!
Cable Update (GBPUSD)
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Shug replied Jul 10, 2014Unless price violates the 1.3525 area, i don't really care. So, sure why not? lol
EURUSD
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Shug replied Jul 10, 2014Some daily harmonic patterns for you. I wouldn't be surprized if G/U broke this daily PRZ, and invalidated the structure entirely, but still a pretty nice pattern. image These intraday patterns are a bit sketchy but they all seemed to play out. ...
Cable Update (GBPUSD)