Harmonic Elliott Wave (HEW)

This didn't moved how I thought...last Friday.....

I looked again to my last waves and I see now an Expanded Flat here....If true thn I believe this can go up towards the 1.1467-96.

For the next session(s) I first expect a move down towards the 1.1280 before we can go upwards.
if I look to the daily we have some resistance. The first at the sma89 at 1.1364 then at 1.1390-1400 there is a trendline and then above we have the sma200 at 1.1489. In that light it is indeed possible we can met that sma200 somewhere between 1.1467 and <1489 seen from now. But first we must crack the sma89 and trendline first!!

I am still correct with the Expandet Flat I think....however the last leg EFc has some different levels.

I think we just saw the wave iv @1.1342. Now I expect an abc towards the 1.1478-1510
if reached that erea I expect the start of a new bearish leg

Dear HappyMe
would you please put your HEW count about recent movement. Im so confused about last 3 houres movement.
thanks

Hi Titap: well I didn't give my HEW-views the last days. That's because I needed a course for my work which occupied my time. Hope I can spent some daily-time for my day analysis again!
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Indeed I put my HEW-count the last time in the right direction with the Expanded Flat....as a blue wave ii. After that we saw the down move, which looked a little strangs to me. With a small b/iii and a long c/iii but in projections it still looks as a good 5-wave move down towards the blue wave a/iii.
At the moment I think we saw the wave iv in this down-move.... and expect the wave-v around 1,1152-21 before we can look for an upmove (for wave-b/iii) before we can move on to the down-side... the 50% retracement for the wave b/iii is around 1,1285 - 1,1301

I already said it yesterday..... the red move down looks a little strange with that long red wave c/iii! And indeed today it showed his real count! We already saw that move down towards the blue wave a/iii. Why I didn't listen to my feeling?

Well oke...so we saw the blue wave a/iii at 1,1184 and so we need to search for the blue wave b/iii. I think we see here a triple. which is now in the last abc.
So I look no for bearish signs. 50% retracement is around 1.1316

In the H4-chart we see the sma200 at 1,1295 and the ema365 at 1,1319....that could be importend turning area's in my opinion!!

After a time of relaxing and some life without Forex...I try to pick it up again.

Here we go again.... as first I want to make a bridge to the lost counts between my last post and now.....
It's nice to see that the count form that time is not changed and yes I'm still bearish for the longer time-frames...

The second screenshot is where we are at the moment....
We just finished wave iv(blue) and now watching for an abc-move down towards I think somewhere around 1,0774-0752 for the blue wave v
for now we are in the purple wave...now watching a red wave a of wave ii around 1,1106 then a mean retracement could be a 50% retracement around 1,1141 for mseen he wave iii around 1,1042. because the wave ii was deep we can expect a shallow retracement of around 20%

The forecast for yesterday was right in the eye I believe

Well I think we still on track with the count. I still expect a red wave c/iii around 1,1052-40 then a (not complex, because wave ii was already complex!) wave iv around 20% retracement and then the wave v around 1,1000. That's hen the purple wave iii/a so we then need a wave iii/b upwards....

that's nice, you're back, your analyzes

Thanks Kette...Nice to be back again...

Well today it was a slow day but still within my expectation for this red wave c/iii...I still think this wave could halt around 1,1052-42.
After that we can expect a wave iv of +/-20% retracement towards around 1.1070 and then a wave v towards 1,1007-0991

I have the feeling I was to bearisch yesterday.....

For me it now looks we had our red wave finished at 1,1036 ...maybe we need some pips more. But overall I think we finished this wave and must search for the purple wave iii/b around 50% (a normal retracement) around 1,1106

indeed we needed a little space below. I think the 1.1016 must be the low for now. with that we could finished the purple wave iii/a.
that means I now expect a purple b-wave. How deep is the question and the unknown. I follow the 50% retracement in this one.... up towards 1,1096
Because of the current ratio's in this purple wave I even can imagine that we can see a deep wave b towaards 1,1135-53 as maximum. But be carefull if I see it right it's a retracement (abc-move) and can be bumpy and complex (double, triple etc...)

And again we needed to see the low lower then I thought....but we found our purple wave iii/a (1,0989) and possibly also the wave b (1,1090 = 54% retracement) I'm now searching for the new start of the 5-wave downmove towards I think at least 1,0883

Today we saw a new small higher-high. With the 1.1097 the wave-b is just over 50% (57,75%) retraced. That 50% is a normal retrace-level.

So we now have a retracement just over 50% and we saw a double....Or is it tricking me and can it produce a tripple in this retracement....? Well I think this was it and again we must search for the purple wave c/iii. It looks we must search the end of that wave around 1,0966-0883. Probably the lower price is the price to look for....

So far...so good, indeed we saw our purple wave-b. So we are now in the purple wave-iii/c and looking for that red 5 wave move down towards (I still think) around 1,0924-1,0883.

For now it looks we saw the red wave-i, expecting the wave ii around 50% (as normal retracement) 1,1056 (PivotPoint = 1,1040) if found the wave ii then down again.

I believe I made a wrong assumption last time... I placed the red wave-i way to low.... see the new chart for a better count.

So I believe we already saw the wave a/iii and now must search for that wave b/iii. As guide...the 50% retracement is around 1,1045. probably from that area we can expect the start of the wave c/iii

In my view the EURUSD must go down from now.....yesterday we finished the purple wave b/iii.
it looks this down move is a 5-wave move towards the 1.0924

From my opinion it's It's to risky for trading today ...... with the elections in the UK ..... So I'm just looking for today

Hi happyMe’

you still active on this thread? Haven’t seen you post in a while.

hi all

i am new to HEW and i have quite a lot of questions about this theory. fortunately i found this forum/post, thank you guys. actually I found it quite confused sometimes, and I have the following questions about HEW:

1/. is HEW, just like Classic EW, has implusive waves 1 to 5 and corrective waves a b c also? i can hardly find a complete wave structure on the web
1/. ok, i managed to find a chart with big abc waves so i believe in HEW it has 1 to 5 and abc waves as a complete structure just like the classic EW. however i have read that in HEW, it increased number of corrective waves from two in classic EW (waves 2 and 4) to five, with the additons of b in 1 , 3 and 5. so how about in corrective waves abc?
2/. in one of the tutorial, it said HEW is a better one coz the classic one is misleading sometimes and a few of the patterns in the classic one have been dropped since HEW "solved" these problems, for instance leading and ending diagonals. so my question is, how about others? for example I can still find 1-2 1-2 patten in some HEW charts. do they exist in HEW too? and how about connecting wave X? or only leading/ending diagonals are removed?
3/. I have watched a video on youtube and it said "there are 5 waves in C (or may be c) in wave (?)", it sound like only in that wave (?) can have 5 waves. however it seems every wave C do have 5 waves. did I misunderstand it or it refers to a particular wave/circumstance instead?
4/. some of the charts I found on the web made me confused just like the one i attached below . why there are both ABC and 12345 within the same wave and overlapping each other?
5/. since HEW emphasizes strong wave 3, i then tend to draw very long wave 3 like attached in orange, which sometimes i doubt if i am correct. should i keep doing this?
6/. does anyone have a recent xauusd chart with HEW lablled? if so can you pls share it so that i can have a reference?

hope that experts here can help me understanding HEW more

thanks a lot

Hi everyone

This method showed promise . I've read author's recent book & then wanted to purchase his HEW RSI & HEW Price Equilibrium Cloud afterward - both indicators for Metatrader 4, but couldn't find any in mql5 market place . Author's website & email seems to be down as well .

Anyone knows where I can buy these 2 indicators for mt4 - HEW RSI & HEW Price Equilibrium Cloud ? Without them, his elliott wave method is only half effective - so I need them .

Thanks & good day!

https://web.archive.org/web/20190427...ndicators.html