AB=CD target @1.3592 reached, the next objective for bulls 1.3650...meanwhile bears changed another diaper...

Cable Update (GBPUSD)

I know that market will humble every one of us at some point. (disclaimer: I have it behind me )

Cable Update (GBPUSD)

I still missing one swing (iii)-(iv) in my count...of course, my labeling can be wrong...we see.

Cable Update (GBPUSD)

nothing new today, GU still in an uptrend...min target for C reached @1.35486, now the next target is AB=CD @1.3592...stay tuned.

Cable Update (GBPUSD)

shivohum2015, that's the idea...hopefully it will play out, if not, no worries either...today GU reached max level by my book (120%dailyATR(14) @1.34435.

Cable Update (GBPUSD)

shahab8b, always for the beginning...when ABC is in place I will set the zone for potential 4th wave and if holds I will mark 12345 pattern istead.

Cable Update (GBPUSD)

giveachance, we won't be on the same page...stick to your plan...

Cable Update (GBPUSD)

shahab8b, sorry I prepared the chart for @giveachance so I need to post...

Cable Update (GBPUSD)

giveachance, we don't know it yet...if we get (i)-(v) B will be in place (in EW theory)

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TerpFan2, we have many traders here who have their own system/method of trading worthy to take advice from...maybe I am too sensitive about language in some posts but I can't help it...I post my charts to give alternatives and make traders aware ...

Cable Update (GBPUSD)

OA, have you ever heard about professional responsibility, ethics to be a technical analyst and not to use forceful language in your predictions, present other technical options?... I did...but I salute you, I thought you will show up here when the ...

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Agreed...

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update...

Cable Update (GBPUSD)

nessus94, I won't short because I trade base on EW/HP and I don't have any reason as of right now to do so...if GU made on Friday AB=CD pattern as I indicated might happen in my Thursday post- ...

Cable Update (GBPUSD)

nessus94, don't celebrate yet still 2 hours to open... but you might have plenty of opportunities to payback...( I know you won't miss the chance...)

Cable Update (GBPUSD)

shahab8b, I don't know...we built together the dollar chart from late April/ early May without drastic adjustments but now I'm bothered by the interior structure of W:5 which might not be finished yet...we will see how it unfolds ...as of right now ...

Cable Update (GBPUSD)

shahab8b, you posted a flat correction diagram a few days back, it's still a valid and a good idea if you ask me...End of flat correction @1.2725

Cable Update (GBPUSD)

Weekly and daily targets reached...scalping is ok as usual...we shouldn't have unhappy traders today in our thread...

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stardust83, I came up with an alternate count because this pattern is still in play too... image and scenario#2 image

Cable Update (GBPUSD)

Exactly Leon...GU didn't correct even to 38.2% after making abc pattern to the upside and we have in our thread gloom and doom in full force...did you guys/gals see the daily chart of the dollar? If we have a visionary here who sees parity today I ...

Cable Update (GBPUSD)