Coreg's EW+HP+D/W Range

Quoting Mitiblotch

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{quote} Yes. We should still get it. Just the war shenanigans causing small timeframe spikes.

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Quoting Coreg2004

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{quote} GU is at a critical point for today. Are we going to get a breakout or a bounce of the TL?{image} The daily chart is still in sideways-to-up mode. {image}

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Quoting Coreg2004

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{quote}{quote} Miti, it was a good chance with continuation to the downside, b/c on the daily TF, as I said a few days ago, GU is in sideways-to-up mode, and now it will be harder to drop again, but doable as long as at least YH holds. We will see, anything is possible. Bears need to take the price inside the channel. {image}

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Quoting Coreg2004

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{quote} 2 zones for potential end of wave 5. {image} {image}

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Quoting Coreg2004

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{quote} Recovery has been completed. YH at 1.3518, after breaking, held well, allowing GU to reach the second target zone for the end of wave 5. Awesome. {image}

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Quoting Mitiblotch

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{quote} Yeah, I always dread shorting GU when it's missing a shoulder. The 4hr shape did not sit right in my mind. I have closed my major short at 3530 and won't hold over the weekend. I still have one on the other account.

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Quoting Coreg2004

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{quote} Recovery has been completed. YH at 1.3518, after breaking, held well, allowing GU to reach the second target zone for the end of wave 5. Awesome. {image}

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Quoting Coreg2004

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{quote} GU has hit the potential reversal zone (DRE) for today, but has not yet shown any signs of reversal. There is still one possible swing upward. Keep an eye on the 1.3587-1.3600 zone. {image}

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Quoting Coreg2004

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{quote} ...{image} {image}

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Quoting Coreg2004

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{quote} If WL @1.3448 breaks, look for AB=CD target from the daily TF @ 1.3424. Nice ride so far.{image} {image}

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Quoting Mitiblotch

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{quote} That 3424 should finally happy. Bloody clowns spiking price. I sold it to them!

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Quoting birdland

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It's building up, so there should be a breakout soon {image}

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Quoting Coreg2004

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{quote} birdland, we are currently in a state of uncertainty. The bulls need to break above the trendline (TL) and remain above it to have a chance at completing the Gartley pattern. If GBP/USD breaks the magenta TL and today's LOD, then a bearish crab pattern will come into play. My analysis matches yours. {image}

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Quoting Coreg2004

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{quote} GU is at a critical point for today. Are we going to get a breakout or a bounce of the TL?{image} The daily chart is still in sideways to up mode. {image}

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Quoting Coreg2004

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{quote} Still the same on the daily TF. {image}

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Quoting Coreg2004

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{quote} Both harmonic patterns mentioned yesterday have been invalidated by recent price action. The weekly low (WL) was too strong to be breached. It's been tough trading over the last day due to GBP/USD movement within a 120-pip range. Bulls now need to deal with WCL and YH at 1.3530 and 1.3528, respectively. {image}

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Quoting Coreg2004

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{quote} After successfully defending the 1.3500 level, bulls have pushed the price up by 60 pips. Nice. {image}

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Quoting Coreg2004

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{quote} ...and the AB=CD pattern has been reached too. {image}

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