first chart is the correct one. nice charts btw good luck

same trendline, but data from different broker... this is no longer valid... image

i think that is a valid conclusion, till that trendline is broken. but when you draw trendlines, be careful... and also consider, that different brokers offer slightly different data, which causes differences to trendlines, at least in small tf's... ...

the estimate was good, opened a new long at 1.1227 target still the same, near 1.1320

there it goes... next stop at 1.1320?

duh, it doesn't want to go down... small triangle perhaps and then up again?

try 1.1225

Big ending diagonal in progress. Targeting to 1.1415 image

Ian, how good is your system in handling corrections? Can you estimate already at this point how high the correction travels? R

Thank you, Ian, but there is no need for that. Regards, R

That is exactly what I do using "traditional" ew. All the best, R

C'mon, Ian, are you fair now? ;-) I do not know your approach in detail, but I would be very surprised, if there would be only one way of labeling when using your system. R

The 5th wave can easily be counted as an ending diagonal. So, this could be an impulse, no doubt. R

Could you kindly explain your reasoning a little: "1.30927, that's the maximum we would go before bouncing". Which one of the ew rules says that price can not go any higher than that? R

Thankyou my lovely princess! R

Yep, agree. Can you estimate where the bottom is? R

One final comment. Closed my longs from 1.317, as the scenario has changed a little. Now waiting for euro to bottom at 3145. Current estimate for the top is now 1.383, which is nicely in line with the estimate for the next downmove. The advanced ...

That FE looks good. Just trade it. Bye guys, R

Good to see that this ew thread is still alive. Here's something for lt traders. R

Last impulse before reversal, makes a new top, barely, will be shorting at 3185. Target well below 1.3 R EDIT: better to short at 3180, in practice double top.