So i have a setup here.. Both charts EG 4h. image Does this confirm it.? image

The Swamp

analysis seems crooked. the chart with the ew count, used oanda. tried to draw it on 2 other platforms and don't get the same result.

EUR/GBP - What a great pair to trade!

trying to learn this method. i draw 3 of these with EG and get around the same value at the white line. does it mean price may go here? can someone please give me a nudge in the right direction.? image

The Swamp

It broke down and made congestion, may take some time to turn the ship around. try to short it to given level like smikester said. could become inverted H&S pattern. image

Two trendlines, ultimate reward

also it was a bigger 38.2 fib.. did not see that. i think the first setup was missed. confluence is pretty much lost now. image

Two trendlines, ultimate reward

This is a resistance area. on lower tf you can see these lines being hit to the pip. The bigger one i posted may work like a magnet because its better and close by. image

Two trendlines, ultimate reward

imho these lines are just like support/resistance except diagonal. connect 2 significant points that have not been broken much and you have support/resistance. Like this: url or url I messed up with my ABCD pattern. did not get in, so much ...

Two trendlines, ultimate reward

this is why i thought it would happen on Monday. i think we may go to 1460 again am not sure about where the bottom is. image

The Swamp

reproduced i think but understanding it i do not. image

The Swamp

this thread dead too.... too bad. here possible EG setup. I had a few EG bear setups that failed. Will be monitoring the 1m timeframe to sell a break. image

Two trendlines, ultimate reward

harmonics unreliable, first miss by 5 pips, now 8 pips drawdown. closed for -5. am out, having bad day. cu later.

The Swamp

question... Do the mids make the target? i happen to think 7525 may be met. can i then use this as confluence? 7735 is the mid towards 7525... image

The Swamp

Good setup for eg but too much fighting. had chance to close for a few so i did. this is my next level. technical target for ABCD close to bat. bat at R1. still like to see 0.7525

The Swamp

may be buying UJ @ 110.5 missed this one. image

The Swamp

i drawed the pennant wrong.. A little butterfly at a level. Missed it altogether, will be looking lower tf if i can still catch it. image eurgbp short setup. image

The Swamp

Thank you, i was thinking i maybe was hijacking the thread. Let me know when my setups line up with your levels. I am very interested. will short eu 1186 for last dive chart posted before. looks good from here. image

The Swamp

i think this is what it wants.. after pennant takes shape i try to buy 110.6 image

The Swamp

So i started looking, why move up more? Now i think it may want to complete this cypher. Cyphers Point X is average so i can't pinpoint D. I found 2 numbers: 112.46 and 112.62 close together so i just take a bigger sl. I try to long this pennant for ...

The Swamp

Cancelled pending short UJ. If this pennant takes shape i buy instead. image

The Swamp

audjpy is a pennant under construction. it might take a while. If UJ shoots down i would expect audjpy to do so too. so i don't think so this time. Its not able to make lower lows on the 5m tf. If this was the high it is already 12 hours or so ...

The Swamp