My target for the NY session was reached.

Coreg's EW+HP+D/W Range

watch for the roadblocks on the way up...

Coreg's EW+HP+D/W Range

GU is much weaker...

Coreg's EW+HP+D/W Range

Yep, again 30 pips range. Yesterday I was lucky b/c the bounce of lows was nice.

Coreg's EW+HP+D/W Range

Target hit. Awesome day. image targets for the EU might be taken from higher TF. I had the resting sell limit but most likely wouldn't hold longer anyway. DXY updated chart below. image

Coreg's EW+HP+D/W Range

this is the world we are living...Genesis -Land of Confusion... right now on Q104.3 New York's Classic Rock station...

Cable Update (GBPUSD)

Biatch, biatch ...

Coreg's EW+HP+D/W Range

Out of the GU at original TP @1.2163. I will bi(a)tch later.

Coreg's EW+HP+D/W Range

Again, we are on the same page as the EU. I moved TP on GU to 1.2183.

Coreg's EW+HP+D/W Range

GU 15M TF is doing better than EU during the NY session.

Coreg's EW+HP+D/W Range

Waiting for a clear path at least on 15M TF.

Coreg's EW+HP+D/W Range

The potential bearish shark pattern played out nicely.

Coreg's EW+HP+D/W Range

Yes, your scenario is possible. Currently, the EU is in a strong support zone. Let's see how the PA unfolds. Monitoring DXY is important IMO while trading euro b/c it's heavily weighted in the index. image image

Coreg's EW+HP+D/W Range

birdland, I guess you are right. I set up resting orders twice and none was activated. I started to think I lost touch.

Coreg's EW+HP+D/W Range

image

Coreg's EW+HP+D/W Range

TV, a strong possibility, only support @1.2200 holds the GU before weekly targets are activated.

Cable Update (GBPUSD)

There was terrible movement in GU this week during the NY session.

Coreg's EW+HP+D/W Range

...

Coreg's EW+HP+D/W Range

Usually, a V-shaped reversal appears with an important data announcement.

Coreg's EW+HP+D/W Range

Don't forget about 100% ret. (measured move)

Coreg's EW+HP+D/W Range