i'm still Bearish on GU my estimates on price flow and possible prz XA 0.886 & 1.414 AB=CD A Deep Batty Pullback from 1.2700ish a possible D leg 3 circa 1.20500 if price dip till here
selling time for me now. but of course a quick buy or three if the numbers agrees....
A possible ABCD and Bat Pattern estimates i'm long now. will start short again circa 1.25000
Two ABCD setups in the making 1 Bearish, another Bullish. Both will gimme a Sell opportunity IF Price rally till circa 1.25000 - 1.25200 let see how it goes
i've TP some short positions at AB 0.5 circa 1.24400 if price dip to AB 0.618 circa 1.24200, then there's a possibility of price rallying to BC 1.618 circa 1.25200 giving us a promising Sell Setup at D leg 1.25200. i'll post a H1 "if price rally till here" ABCD bullish setup next, which if combined with this Bearish setup will gimme some solid selling entry...
i'm bearish on GBPUSD. I will reenter Sell, circa 1.24600 if price could reach here. AB 0.618, BC 1.618 & 1 AB=CD Basic ABCD Pattern
AB 0.618, BC 1.618 1 AB=CD Sweet Dreams Are Made Of These The Classic, Basic ABCD Pattern Lets hope price be kind to us....
i still have a few short positions on GU price have been bouncing off sma200 for quite a while now. that's one of the reason for me to choose the confluence of XC 0.786 BC 0.786 & 1 AB=CD also....200sma at 1.24300 as a potential prz. otherwise, it would be at 1.2400 with the confluence of XC 0.886 BC 0.886 & 1.272 AB=CD. whatever will be will be. lets price...
i closed some positions at BC 0.447 1.25000 my estimates to start buying is at XC 0.886, BC0.886 & 1.414 AB=CD will post a H4 version next
i'm selling GU now expecting price reversal at the convergence of XC 0.786 BC 0.886 & 1 AB=CD circa 1.24200 a possible D leg
convergence of 1.272 projection of this swing 1.128 AB=CD a possible 3rd Drive leg 3 drives pattern is coming to town?
i'm long on gbpusd now looking forward to short at the convergence of XA 1.128, BA 0.886, BC 0.886 & 0.786 AB=CD circa 1.24950 a possible D leg i included BA in my estimates as it is the "hi lo" of this pattern structure. stay tuned for the next episode of azlan1's convenient convergence; "three drives coming to town?"
i,m still selling GU now, at circa prev XA 0.876 1.25000 my estimates for Long is at the convergence of XA 0.786, BC 0.886 & 1.128 AB=CD circa 1.24100 a possible D leg
i'm selling GU now. convergence of XA 0.886, BC 0.886 & 0.886 AB=CD circa 1.2400, a possible D leg i'll be buying the dip...
i'm long on GU now. will take some money off the table at BC 0.447 hopefully price will rally till XA 0.618, BC 0.786 & 0.786 AB=CD CIRCA 1.24700 i'll be selling then.
convergence of XA 0.886, BC 1.618 & 1.272 AB=CD a possible D leg for GU circa 1.2370ish
I'm shorting GBPUSD now. TP estimates are at Possible 1st D leg. ie convergence of 0.618 AB=CD,XA 0.886 & BC 0.886. let see if price gonna take a dip till the estimated D leg 1.2400 before taking another rally later. this is not a signal, just my trade plan . trade on your own reasoning, if you please....
My plan is to buy at C leg and TP at XA 0.618. it might work as there's also an estimated 1.128 AB=CD at that area. I'm Bearish on GBPUSD as on the Daily TF, ABCD is still on short setting. So, if price does rally on Monday, as soon as it hit this setting's AB=CD (est. 1.2464) I,ll start looking for that bear. this is not a signal, just my trade plan. trade on...