DislikedUJ Weekly:
Possible Targets:
88.90 - 91.05 - 91.47 - 93.18 - 94.04
Personally I prefer the ones boldIgnored
Stocktwit: LuisCarlos - twitter: @lcparodi
Elliott Wave Counting with EG 2,835 replies
EUR/USD and other - Elliott Wave Analysis 21 replies
The Basics of Elliott Wave Theory 128 replies
Elliott Wave Gbp/usd 4 replies
(Euro) Elliott Wave Formations 43 replies
DislikedUJ Weekly:
Possible Targets:
88.90 - 91.05 - 91.47 - 93.18 - 94.04
Personally I prefer the ones boldIgnored
DislikedHi All,
New to posting on FF. Been reading this thread for a little while. Super group.
My thoughts on GBP/JPY. Please let me know if this is completely wrong or if this is possible.
AttachmentIgnored
DislikedNo, It does not look completely wrong to me. As long as the EW rules are adhered too it remains a valid count.
Elliottt Wave is all about possibilities and your chart is one. Can you count 3 waves in you X wave? Yes? then its valid and deserves consideration.Ignored
DislikedHi All,
New to posting on FF. Been reading this thread for a little while. Super group.
My thoughts on GBP/JPY. Please let me know if this is completely wrong or if this is possible.
AttachmentIgnored
DislikedThank you for the reply. I do count 3 up. 2.618 extension of 1/2. Plan the trade. Now trade the plan until the plan is proven wrong.Ignored
DislikedWeather the count is likely is a different matter.
X waves are corrective three wave structures. Does it look corrective ? It may have three waves at the moment but is very steep in nature more like an unfinished impulse possibly ? It also has a very small a& b wave compared to c if its an X wave. They usually have equal waves or c=.618a or c= 1.618a and are not so steep in nature.
Food for thoughtIgnored
DislikedBreaking down the X wave; (hopefully i'm not just making it fit!)
http://i1168.photobucket.com/albums/...y25-01-13e.pngIgnored
DislikedHey cable guy I actually check out 98% of your charts unless its when I'm asleep and miss it because of too many posts. So don't worry you have your fans.Ignored