Iam just A pips on the rode :nerd:
Elliott Wave Counting with EG 2,835 replies
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DislikedHi, I recently got into elliott wave and would like to elaborate on the usd/jpy count on page 6 of this thread, as I think the 80.6 top is the end of a correction of one higher degree, with wave v of C being an ending diagonal. Pictures should clarify:
1 hour chart: http://i45.tinypic.com/14xgyyw.png
6 hour chart: http://i47.tinypic.com/1c8w1.pngIgnored
DislikedHi, I recently got into elliott wave and would like to elaborate on the usd/jpy count on page 6 of this thread, as I think the 80.6 top is the end of a correction of one higher degree, with wave v of C being an ending diagonal. Pictures should clarify:
1 hour chart: http://i45.tinypic.com/14xgyyw.png
6 hour chart: http://i47.tinypic.com/1c8w1.pngIgnored
DislikedWelcome Bosman. Very nice job 1h chart. Your count is very good, but always you must make this a devils lawyer. Try to do in details the count from (ii) to (v), to determinate if that (v) is not just (iii) and the ending diagonal is wave 5 of wave 3...
About the other chart, I prefer use just ABCWXY in big timeframes. You must know that the whole market is a correction...Ignored
Dislikedi need to learn about it in detail..so its better to get as many resources.. thanku so muchIgnored
DislikedHi Traders! Happy Monday!
My Saturday analysis... Here is what I see for this pair from a daily chart perspective:
Price appears to have completed wave 1/A?(pink) down and may have begun wave 2/B?(pink) up. On smaller timeframes, the move up from
1/A?(pink) appears corrective.
My bias is for price to trade up to the bull target zone labeled “TRPL 6” (9636/9652) to potentially complete wave 2/B? (pink) before declining to the bear target zone (9321/9282)... potentially completing a wave 3/C?(pink) and a larger degree wave 2/B?(yellow).
My...Ignored
DislikedI put the yellow box because i am not sure about the price now. tomorrow it will be clear. for exact price i use murry math and it's give good result at the time of trading.Ignored
DislikedI think the bounce will be at 1.2508 to 1.2512 then again 100 pips down. or it's already start down.
what you think luis ?Ignored
DislikedIf you are looking for wave 4 thats right, but dont forget that those levels are just the more common levels, so I you want to trade it is better to wait the down 1-2Ignored