Well.... my MT4 platform is not moving. but I can see from my broker which is not on mT4 that gb[jpy has already moved up.
now my dilemna is I can not see the 5 wave impulse formation of this wave 5 up for me to see if it has reached its top.
so I am throwing these charts out so who ever wants to use it can find some use for it.
I still favor a top within the 50% - 38% retracement up. But not that it is possible to be just higher than 23.6%.
This means any time soon for as long as a 5 wave impulse pattern is formed up from the wave 4 in the 1 minute chart, then this could be the top or the end of the wave 4 which is the corrective wave.
EG
now my dilemna is I can not see the 5 wave impulse formation of this wave 5 up for me to see if it has reached its top.
so I am throwing these charts out so who ever wants to use it can find some use for it.
I still favor a top within the 50% - 38% retracement up. But not that it is possible to be just higher than 23.6%.
This means any time soon for as long as a 5 wave impulse pattern is formed up from the wave 4 in the 1 minute chart, then this could be the top or the end of the wave 4 which is the corrective wave.
EG