pipfarm, 1.2990 now...261.8% Alternate Price Projection (APP) standard max for end of W(5) in wave C

Cable Update (GBPUSD)

Arief, that's OK, as long as the green box holds...I have a C wave max at 1.2992...pattern is invalidated below 1.2970 but retracement would be too deep for my liking...Still, long trade didn't trigger yet...

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Moty, check my setup then evaluate, and don't panic...always trade your plan

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Moty, check your levels, please...

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pipfarm, possible...if I am correct GU makes (4)th wave...Edit: or (4)th is in plays already...

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Moty, what if this scenario will play out?...

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pipcenturion, the right shoulder is higher than I would like but it also says that big players were impatient to get into the trade...close above neckline will be a good sign for bulls...

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I covered my long trade but I won't go short as of now, maybe after 1:30 pm NY time

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gespiri, I have on daily chart solid resistance zone @ 1.3084-1.3104 and then 1.3179...

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Kanizaro, I haven't seen them for the last 3 days... image even if someone doesn't use DX in their own trading, the glance at the chart should tell that GU will go sideways or up...of course, scalping permitted under any conditions. image

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okanemici, that's the idea for today...are we get there? maybe, yes, perhaps...

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gatenio, possible Gartley or Crab pattern, depends on how you label XA leg...

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pipfarm, what is so significant with the 1.2770 level? what I am missing? edit; besides it's the target for AB=CD

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maybe one more push up before???

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I know you trade with the plan...

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pipfarm, there is still the chance that the full target of the AB=CD pattern will be reached...this scenario is not invalidated yet...just saying

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Moty, if you believe that low at X is in place then look for Gartley or bat pattern to pinpoint the entry...

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seincard, thank you for your sincere concern...rest assured that we will survive delayed stimulus as we survived post 9/11.

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HBN08, either abc and up or complex correction (more than 3 swings) of the last swing up on 15M chart...

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Knkie, here you have it...take it according to the guidelines... if you need crayons and a coloring book with a teddy bear to cuddle with it in the safe space just say it and all will be delivered to your doorsteps...

Cable Update (GBPUSD)