Starting it off.

Nice charts and posts, crew of two.

I love the Chinese bubble. When rural Chinese farmers are getting heavily margined and buying stocks instead of farming, well, it reminds me of 1999-2000 when my doctor, dentist, and plumber all quit their practices/businesses and became 'full-time traders'. Imagine the rural Chinese farmers life after the bubble pops and he winds up in deep debt, and only subsistence farming to pay it off. Same old, same old.

http://www.zerohedge.com/news/2015-06-08/when-it-rains-it-pours-shares-chinese-umbrella-manufacturer-rise-2700

http://www.zerohedge.com/news/2015-06-09/meet-chinas-new-investor-class-its-lot-easier-make-money-stocks-farmwork

70 hit.
But given the strength of the trend and proportions of the fractal which made me look at the PTA at 1.5270 I wouldn't be surprised to see 1.5550 today.

Originally posted by MarcinO

My AOC for the Cable is at 1.5470.
I'll clean a chart later on.

Either 1,.54 was it or it will need a larger drop to around 1.5370.

And with a new hight into AOC, correction to 15370 looks more likely I guess..

Nope.
Stratigh to 1.5550-60 instead of deeper correction.

Originally posted by MarcinO

And with a new hight into AOC, correction to 15370 looks more likely I guess..

If the fractal driving the Cable works again, after hitting 1.5560 zone we should see a huge correction of over 200 pips.
Again if.

Cable just below 60. Almost done.

It's too early to say whether this resistance holds, but if so, I will expect Cable to fall to 1.53.

BTW, how's my SHOP looking now?