Hi,
my M15 chart is quite different count from yours
Elliott Wave Trading by Ayax 2,101 replies
Elliott wave trading 94 replies
elliott wave trading channel 22 replies
Group Trading based on Elliott wave and Harmonics 0 replies
Elliotters..Elliott Wave Trading 9 replies
DislikedHere is the UJ wave count I have for 4H chart. Waiting for minor wave 1 to complete of Wave C of a ABC correction. Wave 1 projected top around zones of 98.926 - 99.244 or 99.628 - 99.854 and time zones of 05:00-09:00 11/17/08:Ignored
DislikedThat looks like a clear correction, which is about to be completed.
A couple of comments though. Your last count seems to have overlapping waves 1 and 4.
I am of the EW school of thought that as long as price does not close into wave 1 it can still be valid.
Also I'm a little sceptical if wave B is complete. It looks good, but it lacks a decent support, so I expect it to drift a little lower, to 92.4. But this is my speculation, from ew viewpoint everything in wB is ok.
You might be right, tonight even though it moved lower it still hasn't close into wave 1.
BTW, what is your big count on UJ? Is this correction wave 4?
I am thinking an ABC correction of the impulse wave down from '07.
.Ignored
Disliked
Your last count seems to have overlapping waves 1 and 4.
I am of the EW school of thought that as long as price does not close into wave 1 it can still be valid.
Ignored