What I like to see here is another leg down, to finish wave c then looking for a rally. Good luck
Hello guys Sometimes Waves are so clean and so perfect,that you ask yourself maybe someone is f**king with you:). Well that's the picture here with CHFJPY. note that wave 5 could go to higher price.but as far as Elliott wave rules concerns we have our 5 wave and now we're looking for 3 wave (ABC) correction Good Luck
Hello Guys If you were confused (like me) in past couple of months about this pair direction, Finally I've got some clarity in EUR/USD... We are finishing the 5th wave in intermediate degree which is an ending diagonal. After that we are going to see a reversal which might take us to the 1.200 zone to make Cycle wave B... so if you are long term trader you might...
Hello guys I am sharing my trade on this one. I like the R&R ratio in this setup and I am looking for 5 wave decline to finish wave C ... Suggested level for tp is around 0.9908 and I have put my SL couple pips above the 5th wave. Good luck
Hello guys Today I took this position as well. pretty good R&R. I am looking for 5 wave to the upside to finish the wave (v) . Note that there is an alternative count for this pair which is we already have the 5th wave near the top at 0.7295 and then have 3 wave declined from the top to form the Wave A and the next possible move is also to the upside to print wave...
Hello Guys EURNZD – Daily Based on this count, Wave A subdivided into 5 waves, then the whole corrective should be 5-3-5 pattern. That means we are now in primary wave B. Because minor wave A has 5 waves therefore, primary wave B also may unfold as 5-3-5 pattern. Targets for end of primary wave B is around 1.7627. Good Luck
Hello Guys we are getting close to end of 5th of the 5th and I expect price to fall near 81.18 in 3 corrective waves... Good Luck
Good R&R ratio ...SL would be @ point of invalidation (64 ~Pips Risk) TP would be @ 1.618% extension of 1 & 2 ( 300 Pips) Good Luck
Long above (d) wave of Triangle if your R&R ratio meets ... Wave B could be Irregular Flat which could go beyond wave A Then Come back Down ... Note that we are in the B Wave Correction That means Until wave B of the larger degree is finish the Upside movement is limited... Good Luck
Short term view of EUR/AUD show that we are in the final wave of C, which should end near wave 4 ... There are two target which should be considered ... 1.5383( 2.618% projection of a-b) and 1.5243 ( 300% extension of a-b) ... Note that it's possible that wave iv still in progress, so make sure you consider fair R&R ratio before act on it... Good Luck
That is my view on EUR/USD ... Note that Price could form As A-B-C too... But this is my primary count on this pair... looking for 5 wave to form Wave C and complete this degree Good Luck
For DXY we are in the subwave c of wave B... the end of wave B should be near 97.40 and then we should be in the corrective wave C which could take Dollar index at least to 93.80... Good Luck
Hello guys based on this count 5 wave sequence is finished therefore we should expect the correction waves unfold. Wave 3 is around 1.78% of wave 1 and there is a Divergence on MACD in 1H chart between two recent highs... Targets for Correction waves is near end of wave 4 which is around 0.9520 and 0.9486 Based on equality guideline when wave 3 is extended wave 1...