E-wave price target

looks like cable is on a mission to complete wave 5 on the daily chart. For all the e-wave experts here, how do you calculate wave 5 price target. Thanks a lot. here is the chart for your viewing pleasure. the wave 1 kind of got cut out due to the file size limit.

Where did you find that Pattern indicator?

it is just zig zag at 25 percent. I like to use it to look at the big pictures coz that is how I trade.

Try taking the 261.8 Fibo as the target of the fifth wave...


Thanks,

Nader

That´s the problem with EW, everyone have a different reading. My Elwave soft says wave 3 just finished.
however the important point here is we are waiting for a retracement next week

trag, just wondering how your software arrives at the end of wave 3. the retracement we had is exactly 50 percent of the preceding volatile upleg. that seems like wave 3 to me. I manually draw them, and do not use any software. maybe you can shine some insight? Thanks


Money for all of us

Take a look to the image. Nothing is 100% right but I expect a retracement today . Price will continue to go up in a few days.
http://img221.imageshack.us/img221/8...2738ml8.th.png

Edit: I have to corect myself. the soft was showing the final of a wave c with 1 min data feed.

this with 15 min data feed:
http://img213.imageshack.us/img213/5...4216il7.th.png