We're trading wave B now after a long winding starting diagonal wave A. Entry order made.
The spout looks like it's gonna get poured down soon. If you zoom in you can see it's an entry order in case of a break down. If any, I only expect a retracement up. I'm currently not in an open trade with this pair. Disclaimer: Trade at your own risk. Confirm with your own methods. BTW You know there's no such thing as a kettle teapot pattern, right? Just...
but wait.. don't expect it to come down at the base of wave A. I have set up my entry order. Updating once price touches it.
Expecting a breakout. Entry order made. I am not currently in this trade as my EO is not yet triggered. Will update if price gets there.
Finally an impulse after this week of confusing corrections. Next week might be good for us. Setting up an entry order Sunday evening.
Last post regarding this pair ended in a cancelled entry order. Now, it has re-entered the TL and I have entered at market for a good R/R.
Entry order made. Will cancel if price doesn't break the trendline.
I traded the first half of this wave B:--T1 reached but it looks like it's not a flat but a zigzag. If wave B will be a simple zigzag, it might reach Target 2 on my new setup.
Possible scenario: It's a big complicated zigzag B wave. The orange pattern's B wave is a broken flat. Obeys the rules: If A is simple = B is complicated.. vice versa Entered at market.
Bye wave A and good riddance! That was complicated.
This is a possible last leg of a zigzag wave A
This Elliott wave is too pretty, can anyone resist her? Not me.... beware.. like a siren, instead of a kiss she can still drown ya!
It has a pretty straightforward wave A and B if we're looking at a wave 4 correction.
Almost done with the stupid meandering B wave. Whatever your signals and strategies are, target this pair.
Euro has a big chance of bleeding for this week and the next..... Checked the fibs although I erased them to make the chart neat since its a weekly chart. I hope this is not hubris..
This zigzag has good proportions.