This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
The market should finish Intermediate Wave 4 today, possibly in the morning before we head down again to Groundhog Day. My models have the most agreement around 4436 for the top so that is my conservative top for now. Wave 5 still needs to take us below Intermediate Wave 3's bottom of 4222.62. Earliest guess is a bottom south of 4100 and relatively quick. I will...
Sometimes Elliot Waves help to make some sort of forecasting looking back to what have happened. It clears out that 105 is strong level and due to some fundamental & tech specs we see impulse in USDJPY which can bring us back to 109 for retest and further ideas.
Unfolding of 5-waves. First leg A almost finished. Anticipating a short-term move-up to the 50-61.8% retracement with afterwards a sharp wave c move.
After my CORRECT previous analysis here: It seems that the big push upwards, through the main trendline and completion of Wave 5 Impulse on the Minor period, seems to have been completed and price action may start a consolidation move sideways. TDI shows overbought position with the RSI just inside the outer band so I'm not expecting a sharkfin which would...
In October 2014 I called the top almost to the cent (see the link below). The decline from 244.80 is finally coming to an end near 130.78. Short term I'm looking for the final decline in red wave v of an ending diagonal and once the bottom is in place, a quick return to the origin of the ending diagonal at 169.58 should be seen, within half the time it took to...