GBP.USD

[arco]

.

The rounded bottom is a similar set-up and target to a H&S

.

[dumbass]

similar elliot wave count would have cable in a correction with a 5th wave target the same

as yours arco.

the charts seem to be indicating one final wave down in the USD and therefore one final

wave higher in equities before a great shorting opportunity.

how you seeing it ?

[arco]

similar elliot wave count would have cable in a correction with a 5th wave target the same

as yours arco.

the charts seem to be indicating one final wave down in the USD and therefore one final

wave higher in equities before a great shorting opportunity.

how you seeing it ?

Pure guestimate ATM but maybe..........

North move imminent to 6650-6750, reversal south to circa 6450, and perhaps north again towards 7300-7500. Then south again

arco

.

[arco]

Short term chart

[arco]

Potential H&S forming

[arco]

Good entry achieved off H1

[peat]

a few red 30 minute candles is helping the 1.6575 entry from y'day along a bit better now to +60 but had to endure a -90 at one stage (with a -150 pip stop at the high of 1.6740.
I might try and hang out for that 1.53 grey box !
Could be we're impulsive down now coz that rally last 24 hours sure looked corrective to me