After a slight rebound from Monday's low, GU continues its downward trend. The target is now set at 1.3134, which is the first extension level (127.2%) designated for profit-taking.

Coreg's EW+HP+D/W Range

DXY approaching second target @ 101.99. Remember that the B-C leg should have 5 easily distinguished fractals.

Coreg's EW+HP+D/W Range

Are we going to get bounce of YL?

Coreg's EW+HP+D/W Range

On the intra-day chart (30M), the first resistance zone is between 1.3227 and 1.3237; if GU can't take it out, downside move will be in play to at least test YL @1.3184.

Coreg's EW+HP+D/W Range

GU has been unable to trade above the ascending trend line so far. There is a strong resistance zone above the market. Bears should target 1.2985 to 1.2935, but first, keep an eye on 1.3108.

Coreg's EW+HP+D/W Range

Stay focused on your strategy/trading method if you have one, unless you feel compelled to post something.

Gold with No Drama

Potential support zone for today hit.

Coreg's EW+HP+D/W Range

Step by step... 1) WL held 2) The high @99.91 of the ID bar was taken out 3)The high of the swing at A is taken out What to expect next? Test of 38.2% @101.13, swing high iv @ 101.99, and potential run to complete the AB=CD pattern @102.72. Are we ...

Coreg's EW+HP+D/W Range

Targets from HTF (daily)

Coreg's EW+HP+D/W Range

The second target was hit. GU reached the potential reversal zone for the day.

Coreg's EW+HP+D/W Range

...

Coreg's EW+HP+D/W Range

If the level, like 1.3390, is below the current market, we call it support; if the level is above the market, like 1.3420, we call it resistance.

Cable Update (GBPUSD)

follow up... image image url

Coreg's EW+HP+D/W Range

Potential bearish bat pattern in gold on 15M TF coming up.

Coreg's EW+HP+D/W Range

Ask a computer, you will have all the answers. Of course, the results will vary depending on the trader's experience. I take the trade at points C and D often taking profit on the first target and reentering for target #2. image Target #1 hit. ...

Coreg's EW+HP+D/W Range

I'm a pattern trader. All I use to mark support/resistance zones/ targets is on the first page of my thread—basic technical analysis used by thousands of traders. Day trading is discretionary. It's up to us if we take the profit here or there. My ...

Coreg's EW+HP+D/W Range

update...

Coreg's EW+HP+D/W Range

waiting for the target to be hit.

Coreg's EW+HP+D/W Range

DXY dropped below the weekly low.

Coreg's EW+HP+D/W Range

If WH @4364.32 is taken out, the next target is WRE (weekly range extension) @4455.70, not necessarily today. Don't force counter-trend trade without a trigger on lower TF.

Coreg's EW+HP+D/W Range