It's just a wish
I'm not sure, please tell me if I've broken any or many Elliot counting rules.
I'm not sure, please tell me if I've broken any or many Elliot counting rules.
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DislikedSo, you mean first it goes a little short & then goes for the last rally?Ignored
DislikedHope everyone has a nice weekend
I just re-counted the USD.CAD daily chart. If my counts are correct so far, the next price move should be down to form corrective wave-4 or the down trend wave-1 from here.
See what you think.Ignored
Dislikedskewed triangle [a][b][c][d][e] , short max. of Close level of wave [c](there STOP LOSS)
Ignored
DislikedMy further thought:
If USDCAD moves as tazzam's count from wave-4 down on wave-5, wave-3 low could be the target of wave-5, and then price rebounds from the double bottom there.
If USDCAD moves down on wave-5, it means the weakness in USD. EURUSD and some other currencies against USD could be in up move in the same period as well.
Let's see how the market pans outIgnored
DislikedMy further thought:
If USDCAD moves as tazzam's count from wave-4 down on wave-5, wave-3 low could be the target of wave-5, and then price rebounds from the double bottom there.
If USDCAD moves down on wave-5, it means the weakness in USD. EURUSD and some other currencies against USD could be in up move in the same period as well.
Let's see how the market pans outIgnored