EURUSD

Quoting LCForex

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4H chart {image} Equal legs is 1.1234. Nice Div. If this wants to keep the wedgy form this must continue down with all new low diverging. 1H chart {image} 5 waves down. As wave 3 is too long I expect wave 5 short. So I am going to use wave 5 of 3 to project last 5. Din Din Din!!! We got a winner 1.1248. 15min chart {image} We got a problem here. I need more Div. So I could see this as a 5 or 7 waves down and I need one more down either way. So easy pullback to 1.1267/80 zone and then down to 1.1233/42 There you go!

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Quoting suthmo

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{quote} Here let me fix that for you. Real wave 5 is the longest wave. 4 can go into the area of wave 1. Elliot is broken. Every single wave impulse or correction is 7 waves. The entire market fractal is an interlocked overlapped infinite series of 7 waves. Think about deck of cards ace,2,3,4,5,6,7 out 8,9,10,J,Q,K,P in (One cycle) (there's 4 other cards that got turned into 2 jokers). This represents the cycle of all. Seven colors, seven notes, seven primary elements, why would market waves be five, come on. {image}

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Quoting suthmo

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{quote} Bulkowski's Ending Diagonal Triangle is a beautiful thing indeed. I'm trying to find where it's written how they make second break back over the trend line. {image}

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Quoting palpite

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{quote} . I count it as 2 cycles ( 5 waves + 5 waves ). {image}

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Quoting suthmo

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{quote} no way We gotta model my matrix of sevens into AI and see if it becomes self aware. {image}

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Quoting palpite

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{quote} I have 1 idea for to fix it. 7 waves suthmo = 2 cycles of 5 waves elliott .

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Quoting Miracleforex

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{quote} I have bought the low, but clearing it off. No profit no loss. Price seems to stagnate or little upward movement for a while before going down again. Maybe it will change. I keep my eyes on price action and volume for another possible trade. Had the day closed >1275, I would have hold on to this trade. But I don't see any major up movement for a while, unless another price action/pattern show up

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Quoting swing 123

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1272 line in the sand...holding today should take it back on top.

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Quoting suthmo

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We should all be rich following the trend right? Just put some lines on the chart you can retire with six figure

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Quoting Leinadgnow

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{quote} *Shrugs.. that was the way i was taught in the banks trading for the last 12 years and that is how im trading @ the fund. Don't really care about what you think tbh muppet.. to each his own. green pips to you sir. *edit. I am above 6 figures bruh haha.. just that i decided to read ff again when i was taking a dump and saw your rubbish explanation. God .. i actually miss cloggie.

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Quoting Leinadgnow

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i actually miss cloggie.

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Quoting suthmo

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{quote}When did Cloggie stop posting regular? I Heard he retired with 65 mil.

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