Dislikedoverlapping is one thing and anticipating wave 5 to go that far is another.Ignored
That's my count only and I want to see how the others count on this chart as well
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Dislikedoverlapping is one thing and anticipating wave 5 to go that far is another.Ignored
Dislikedit that case there is no exact ratio of wave-(5) you have to look on internal and external relationships of your wave-(5) subdivisions, i add my daily chart where i think wave-(5) might endIgnored
Dislikedit that case there is no exact ratio of wave-(5) you have to look on internal and external relationships of your wave-(5) subdivisions, i add my daily chart where i think wave-(5) might endIgnored
DislikedThis is the weekly count for the Euro USD so far , It is what it is , If you have a different count your count is wrong .Ignored
DislikedThis is the weekly count for the Euro USD so far , It is what it is , If you have a different count your count is wrong .Ignored
DislikedThanks for posting your software chart tazzam. But the last wave-1 and wave-2 on your chart looks proportionally too small to wave-3-4-5 to me. I could be wrong but I'll wait and see.Ignored
DislikedThanks for the chart and comment Saras. Do you also have your count on the weekly?
From 1992~2002 USDCAD also had a large degree 5-wave movement. I think that chart pattern has some similarities to today's weekly EURUSD chart. Just a thought.Ignored
DislikedSarasxxx quite good count. I had the same becouse of channeling. But currently 0-2 line is broken (check it), and second thing is size of 4 wave - its a lot bigger than 2nd wave. I think there is small possibility to make this 5th wave up, but imho its really small. Try to count it like the 5th wave is finished, and currently we are doing B wave in downtrend - complicated B. I think it's so complicated becouse its B (correction) in D (triangle) - correction.Ignored
DislikedNo sorry don't do such long time frame analysis it's not very usefulIgnored
DislikedI used to think so. But I think differently now because the longer time frame chart, especially the weekly chart, presents the general trend of the market (provided the chart reading is correct). It also indicates which direction the price tends to fluctuate in the near term, which is helpful for day trading as well. Just my 2 cents.Ignored
Dislikedtahts all good but i'm doing intra day trading so not much use for meIgnored
DislikedI am short from 4 days ago +ve pips now , I will post my daily and my 4H charts once I go back home, I use 150 pips trailling stops and Sl above the high , This is my second time in the last 7 days shorting this pair first one hit my SL .Ignored
DislikedThe Loonie looks to be correcting into the 1.1350 area (38.2% of move from 1.0780) to complete Wave B of a potential double zigzag that should end in the 1.2100 area.Ignored