of course maybe you are right. 4 hour candles look bearish. i screwed myself out of my 1709 short. I am hoping to hop on to at least 1584 where i should try to buy. Next week pp = h + l + c / 3 since it closed in the middle it will be around this ...

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i am puzzling a bit. 1761 could happen. draw fib between 1301 to 1761 Then look at the mid.

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the wave down seems to have been an impulse wave. retrace to price area of wave 2 is normal. image gu may retrace to 3120

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closed all for half my sl. looking on 1m chart for setup. bearish or bullish, 1585 is a norm. edit: never mind, done for the week.

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same as eu. dxy 4h chart: image i just update my sl. i go to bed. cu later

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you trade gu? i am short but rejection sucks.. if my ew count is correct. there is a wedge. 1.2884 wasn't tested yet. 1.2891 is attraction bulls don't look that strong to me. price went a bit over 161.8 so its about time. image

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i didn't notice before but the deep crab looks good if the level is met. image

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sorry the wrong bat in my last post isn't a bat. bats have point B between 38.2% and 50% fibs. this would be a gartley where B = 61.8 fib and D would be 78.6% fib.

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point C has to be below point A: image this is a valid deep crab. image but because there are so many traders who trade a wrong pattern it may work anyway. This bat should be invalid because point C is below point A. But this is the level i ...

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my stop is @ 1722 above a spike red line on chart I remember TLC had those patterns. i'll try to look it up. never use those. image

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1.1349 would complete the bat i posted. because of risk/reward i just keep it till here.

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thanks. may be 350 pips in it. this deep crab could be in the making. but would invalidate the bearish penant. If price keeps going up now its also valid. image

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i think may go a little more down. to about 8860. the 50% fib

EUR/GBP - What a great pair to trade!

i promised to let you know about harmonics. i will try a short @ 1706. it might be a C point for a bat. image

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look at that. thats why i like this pair. image

EUR/GBP - What a great pair to trade!

rejection went fine. the spike below happened within a fraction of a second. some manipulation cost me my position. but it does show bullish intentions. if it dips enough i get back in. image

EUR/GBP - What a great pair to trade!

i am going to try a long 1.1570.

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buy level with small stop approaching. its an abcd pattern image

EUR/GBP - What a great pair to trade!

yes.. point C must be higher then point A. It could be making a new one. I'll let you know.

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you are showing an old chart. no doubt price will go down. i believe not yet. i posted this after:

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