birdland, that's what I've been preaching all my years being on the FF forum.

Coreg's EW+HP+D/W Range

birdland, absolutely awesome and very admirable. In the early 90s, I depended on the chart printed in Investor's Business Daily (IBD), the first newspaper dedicated to technical analysis. I just dressed them up with horizontal and diagonal TLs. Your ...

Coreg's EW+HP+D/W Range

birdland, I survived them all.... From '98, I have only followed the chart. image image Added: I don't trade UJ not b/c I got a bad '97 year in this pair.

Coreg's EW+HP+D/W Range

I know, too.

Coreg's EW+HP+D/W Range

Whale, the day is not over yet. Bulls need to push through the resistance, or bears need to break below the 1.36136 level (as of the 8:30 am print). The data was good for the Dollar, but it hasn't cooperated so far.

Coreg's EW+HP+D/W Range

Before the storm ...

Coreg's EW+HP+D/W Range

Two potential targets after wave 5 failed.

Coreg's EW+HP+D/W Range

The resistance level wasn't so minor after all, but the DXY is recovering nicely so far, above 98 again.

Coreg's EW+HP+D/W Range

Miti, unfortunately, we are not in his circle, so we need to rely on the charts. On the 30-minute chart, the evening star (supply zone) is preventing further advances to the upside. image Not too much has changed on the daily TF. Target if the ...

Coreg's EW+HP+D/W Range

GU bounced nicely off the potential zone for wave 4, gaining 50 pips. Currently, it is facing a strong resistance zone between 1.3630 and 1.3645, with R1 and YH. image If you have any questions about my trading method, feel free to ask!

Coreg's EW+HP+D/W Range

The setup for wave 4 is still valid as long as GU doesn't drop below 1.35786 image image

Coreg's EW+HP+D/W Range

Watch for the potential failure of wave 5. The correction was too deep, and a new high is in question. image image

Coreg's EW+HP+D/W Range

GU printed ID bar yesterday, and today we have had a nice extension in the range (107 pips). Bearish bat pattern in play.Targeting 1.3603. image image url

Coreg's EW+HP+D/W Range

Update... image

Coreg's EW+HP+D/W Range

The DXY is at a minor resistance level.

Coreg's EW+HP+D/W Range

GU is having a problem taking out the first resistance zone between 1.3548 and 1.3558. It won't be good for the bulls if YL @1.3512 breaks.

Coreg's EW+HP+D/W Range

Target @1.3516 has been hit. If wave v does not extend, we should aim for YL @1.3568 with long trades.

Coreg's EW+HP+D/W Range

A very shallow retracement after Friday's drop (barely to 38.2%). The drop may not be over yet, although the price has reached DRE. Watching 1.3516 completion of AB=CD level for now.

Coreg's EW+HP+D/W Range

Abeylyn, that's very sound advice. Although GU has reached the targeted price and time zones, I hesitate to assert that either pattern C or 5 is in place because the movement from B to C appears messy, and it is hard to clearly distinguish the 5 ...

Coreg's EW+HP+D/W Range

The market gave us more than we asked for...good. image image

Coreg's EW+HP+D/W Range