S3 at 1.3420 hit.

Coreg's EW+HP+D/W Range

Gold 30M chart. Nice bounce yesterday of WCL.

Coreg's EW+HP+D/W Range

GU printed yesterday, NR4/NR7, so extended range expected. Note that GU dropped below WCL @1.3456, and today is Wednesday (possibility that GU may stay below to the end of the week). The first resistance is between 1.3449 and 1.3456. image

Coreg's EW+HP+D/W Range

GU 30M image EU 30M image

Coreg's EW+HP+D/W Range

...

Coreg's EW+HP+D/W Range

continuation of the thought process from last week

Coreg's EW+HP+D/W Range

updated chart after morning exuberant move...Always be ready for surprises.

Coreg's EW+HP+D/W Range

And...we have the booster

Coreg's EW+HP+D/W Range

Gold spot.

Coreg's EW+HP+D/W Range

The first resistance level where bulls can encounter a problem is the last week's close @1.3431. GU is in the tight range of 30 pips. Trading won't be fun without an unexpected booster...

Coreg's EW+HP+D/W Range

Intra-day, I have only a futures chart. I trade the last day's range. D TF is also too big for me.

Coreg's EW+HP+D/W Range

...

Coreg's EW+HP+D/W Range

One possible swing up to finish the B-C leg with 5 fractals.

Coreg's EW+HP+D/W Range

GU had a nice run to the downside during the Tokyo session after printing an NR7 bar on the daily TF, reaching 200% DRE. Are we done with the drop for today? 1.3405 level to be watched for potential resistance.

Coreg's EW+HP+D/W Range

How many pips are you willing to risk to determine if GU reverses and reaches your TP2 at 1.3300?

Cable Update (GBPUSD)

After four days, the Euro has finally reached 1.1660.

Coreg's EW+HP+D/W Range

Disregard the news. Stick to your playbook, patterns, signature setups...The resistance zone contains: PP, WH, Tokyo, and London high. There is liquidity. Same at the support zones.

Coreg's EW+HP+D/W Range

The first resistance zone held overnight, and if YL @1.3435 breaks, we should target 1.3415 min.

Coreg's EW+HP+D/W Range

WH @1.3464 becomes an important level to watch. Bulls on the second try were not able to hold this level.

Coreg's EW+HP+D/W Range

The first target is @1.3445 if the last support zone of yesterday's daily range breaks (1.3463-1.3458). image image image

Coreg's EW+HP+D/W Range