update...15M chart

Coreg's EW+HP+D/W Range

sure it is. Price pattern time...all in agreement.

Cable Update (GBPUSD)

Check the dollar chart before you decide to short GBP.

Coreg's EW+HP+D/W Range

After the (1)-(5) pattern a minimum objective is 38.2-50% retracement between 1.3023-.xx38

Coreg's EW+HP+D/W Range

Godspromise, I read your post and know you are a stand-up guy. I salute you.

Cable Update (GBPUSD)

Godspromise, I think, you shouldn't worry, about who is with you and who is on the opposite side of your trade. Just stick to your strategy and you will be fine. I warn you to follow fake contrarian traders, especially, Meathead who knows $heet ...

Cable Update (GBPUSD)

If the zone for the potential bullish bat pattern doesn't hold, the bullish crab pattern might be in play-1.2960-1.2948.

Coreg's EW+HP+D/W Range

After ABC if the price doesn't stop/reverse in the zone for wave 4, we will look for the ABC pattern again for a possible 3-3-5 pattern, but it's in the future.

Coreg's EW+HP+D/W Range

Abeylyn, I wouldn't have fun if I didn't trade off the 5M chart. I have all I need for day trading on 5M TF, I also watch levels from the daily TF.

Coreg's EW+HP+D/W Range

....

Coreg's EW+HP+D/W Range

PA on 5M chart.

Coreg's EW+HP+D/W Range

Whale, the daily TF is the key. SL/SH is always expected to be tested, on my chart at (4) but the price has to get into the red channel if the support @1.30 is to be held.

Coreg's EW+HP+D/W Range

GBs CPI screwed bulls for now but as long as support on the daily chart holds they can be optimistic. Close below 1.30 can be an invitation for the bears to short more. ATM all eyes and on YL @1.3036

Coreg's EW+HP+D/W Range

Abeylyn, there is always the chance we both can be wrong. Just stick to your guns and let the chart tell you when you are mistaken.

Coreg's EW+HP+D/W Range

Finally, GU left the channel. If GU trades above 1.3094 we target 1.3157- the end of a potential bearish bat pattern. As of right now, there is plenty of support on 1H TF. image The daily chart can provide higher targets. If the current support ...

Coreg's EW+HP+D/W Range

Another day and same ol' same ol'. The levels/zones from the previous post are still valid. Monitor PA around 1.3055 and 1.3067

Coreg's EW+HP+D/W Range

Anytime. 5th day in the channel. Uufff. Tiresome.

Coreg's EW+HP+D/W Range

Happy Friday to all. Tough resistance zone between 1.3080-.xx88. The first level of support to be watched is at 1.3044, then 1.3035-.xx29

Coreg's EW+HP+D/W Range

Abeylyn, many traders follow PP, and S2 is just there.

Coreg's EW+HP+D/W Range

Ouch!!!mya$$

Cable Update (GBPUSD)