I need to revise that wave count I made on GBPJPY. If price exceeds FE 161.8 @ 226.77, most likely GBPJPY will continue to develop the 5 waves of a Final wave C up for the end of wave 2. However, if price stays at FE161.8 or lower, then we just ...

Elliott Wave Counting with EG

Noted that daytek. thank you. EG

Elliott Wave Counting with EG

Note the 5 Zigzag waves inside the expanding triangle. A throwover could bring price up to the Resistance 2 level @ 226.59 Otherwise, it will just hit the upper side of this expanding triangle which also is at the 50% retracement level of wave 3 at ...

Elliott Wave Counting with EG

I did not get to see the completion of an ending diagonal wave 5. Instead, I got what seems to be an expanding barrier triangle. It is possible that there is still a small move down then another thrust to the upside to touch the upper side of this ...

Elliott Wave Counting with EG

Possible throwover to end the ending diagonal wave 5 on the 5min chart of GBPJPY. Then a resumption of the move down to finish off the wave 5 of wave 3 down? EG

Elliott Wave Counting with EG

as price goes up and stayed above Daily Pivot level, then w3 is just a bit longer than w1, then I am inclined to see w5 to be 161.8% of the price from w1 to w3 for this wave 5. 161.8% FE is at 226.53 which is just above the 50% retracement of wave 3 ...

Elliott Wave Counting with EG

Glad to see you posting your chart here again money. Attached is my current view on the 4hour chart. Still no conclusive idea if we are in a wave C up to finish wave 2 in my count or a wave 4 zizag going up. EG

Elliott Wave Counting with EG

GBPJPY — Price has been attacking the Daily Pivot Level on the 15min chart. Looks like it failed again. Looking at the 15min chart again, wave 2 seemed to have developed sideways and the 4hour Stochs just reached toward the 50 level from the ...

Elliott Wave Counting with EG

EURUSD — Here is my current view on the EURUSD EW Wave Count. EG

Elliott Wave Counting with EG

Bullish engulfing candle formed on the 4hr chart. Price is still struggling to get past the 15min 100sma (224.74) then stay above the Daily Pivot of 224.85

Elliott Wave Counting with EG

15min chart Price is sitting on the confluence of 34ema, 50ema and 62 ema ( 224.60) right below the Daily Pivot which 15min candle pierced earlier at 224.85 Took out all my edge at total - 8pips without waiting for this potential wave down to finish ...

Elliott Wave Counting with EG

Hey.. How do you get those additional or baby median lines on your Andrews Pitchfork? Those Andrews Pitchfork set ups do help a lot. thank you for bring that up and posting your chart. EG

Elliott Wave Counting with EG

Hey Daytek. Thank you for posting your chart. Attached is my 5min chart. Started to hedge my long trade now by 4 out of 7 parts. if this turns out as a wave 2 down now as in the chart , then I can exit my hedge. it not, then I will let it ride. ...

Elliott Wave Counting with EG

Attached chart for GBPJPY shows 2 possible counts Bullish a5_bz_c5_31 Bearish 1_2_3_4? Deep Pink Price has Breached the Daily Pivot level on the 4hour chart. But we need a candle to open and close above this Level to have higher confidence of a ...

Elliott Wave Counting with EG

Merry Christamas To Everyone — Attached is my EW Chart for the 4 hour Timeframe together with the Pivot and the Support and Resistance Levels and Trendlines. I hope these chart will help someone. EG PS. I am still Bullish Bias but like they ...

Elliott Wave Counting with EG

I apologize for posting that GBPUSD chart earlier which showed a potential Pinbar on my 4hour chart. I checked other platforms and did not see the same . So I thought it best to remove that post so as not to give false hope for those with current ...

Elliott Wave Counting with EG

50 ema and the 34ema on the 15 min chart seemed to have formed a barrier for price to go up and has only allowed price to retrace by 23.6% up of wave 3. and has resulted to a formation of a triangle on the 15min and 30min chart. The way I look at it ...

Elliott Wave Counting with EG

update for a possible ew count revision based on new development. 225.95 may just be the end of wave 3 down. potentially developing a wave 4 up. wave 2 being what looks to me as a sideways correction, I would be watching wave 4 develop into a sharp ...

Elliott Wave Counting with EG

note that this is on 5min chart. an expanding triangle for wave a or 1. EG update 1 more chart

Elliott Wave Counting with EG

Other views with EW and Harmonic Patterns Potential Bullish Bat on the 1 hr TF. MACD Divergence on the 15min chart. My EW indicates that we may have wave 5 end for the Sub wave c of a wave B. EG

Elliott Wave Counting with EG