lawlee9

lawlee9

Wild swings, but price reached it's B point, and looking for price to fall to 1.82890

lawlee9

Quick ride to the trendline. Expecting a retracement to possibly turn into an inverse head and shoulders to the upside.

lawlee9

Finished a 5 wave pattern, and saw the A move of the correction earlier today. Looking for a retracement back up for the B move, then the C move down to the 78.6%.

lawlee9

Fake Breakout at previous highs, but this time that resistance level is holding as support. May not see the retracement people are looking for to get long.

lawlee9

Looking to retest the purple trendline before pushing higher.

lawlee9

Intraday play.

lawlee9

Breakout retest.

lawlee9 Updated 

The world seems to be changing around us, and the US economy seems to be changing as well. Bond markets look like they're bottoming out, and showing signs of bullish behavior. Gold is doing the same. All indicators that the US market will fall as they are inversely correlated. The US has a lot of debt, and innovations to decentralize current processes are emerging...

lawlee9 Updated 

A lot of buying power in GBP, brought this right up to a trendline resistance. Looking for a big correction to offset the recent bullish move. I see the past movements as the 1st wave, and we'll be setting up a for a large 3rd wave. Down week next week, to close the month just above monthly support. February into May will be bullish.

lawlee9

One small leg up before GOLD sets up for the short correction. Long term looking for GOLD to move higher, but after we see a move down into support.

lawlee9

Price looking to come up to set the neckline, and then expecting a fall back down for the right shoulder. Making our way right now to finish up the 3rd leg of a 5 wave pattern at the 23.6%. Retracement down to correct would be the right leg.

lawlee9 Updated 

Price broke out of a falling wedge, and is heading up in the medium term. However, we broke out of a support trendline, so we're going down prior to the up move. In addition, a wave 5 pattern completed (wave 3), which should send this down to the 78.6% level (wave 4). This level is coinciding with the wedge channel and other trendlines. For the move up, i'm...

lawlee9

Failed head and shoulders brought price higher. Now we're looking for the pull back and retest back into the 78.6% level to finish the correction. Looking for a big move up to retest long term support turned into resistance.

lawlee9

Stops right above previous day's high. Price broke out of the falling wedge, so we're looking for a right shoulder to form on the potential inverse head and shoulders to take this higher.

lawlee9 Updated 

With AUSSIE long, we should see GBPAUD short.

lawlee9 Updated 

Failed head and shoulders pattern. Price broke above the shoulders, and should now be heading for higher for a longer term trade. Entered long at 1.81005 SL: 1.80873 TP: 2.00170

lawlee9 Updated 

Price reached higher than i expected, but gives it more the reason for the downside as it touches the channel top. We also see a head and shoulders pattern on the 1hr.

lawlee9

Already in a short at 146.916. Target is 146.331 into a long.