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- magictrader replied Jun 16, 2009
I've got the same count for EU
. 12345 ABC (1-2 and probably now 3rd wave up
).Elliott Wave Trading
- magictrader replied Jun 1, 2009
Yesterday I was expecting up movement but it was strange, because I can not find there correct five wave structure. But for now it looks like Head and Shoulders Pattern (on picture R = S and G = H, in Polish it is RGR formation in english Shoulder ...
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- magictrader replied May 22, 2009
Now I saw that 1st and 3rd wave has the same size, so 5th wave possible should be expanded, and it was
. What is interesting that 5th wave in 5th wave also looks like extended wave...Elliott Wave Trading
- magictrader replied May 22, 2009
Now what I can labal with confidence is only this part of the chart, which looks like 12 and now 3 is ending:
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- magictrader replied May 22, 2009
And now probably irregular correction till support area, then we will see...
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- magictrader replied May 21, 2009
This is irregular correction so it's hard to predict when it will end. The facts are: - we had 5 waves up impulsive movement, - consolidation is on wave 3-4 of previous movement (like in books), - price bounce from 38,2 of wave 3 (like in books), So ...
Elliott Wave Trading
- magictrader replied May 21, 2009
EU: EDIT: Update: it still looks like correction, now like triangle so maybe todays news will make a new impulsive wave...
Elliott Wave Trading