Updated Potential Moves. EG

Elliott Wave Counting with EG

Hi Kevin I cannot find anything based ont he EW Principle for me toagree to your counting. And this is because your Magenta wave 3 does not have the proper structure for a Wave 3. Note that wave 3 is usually the most ppowerful in terms of trend so ...

Elliott Wave Counting with EG

Potential Moves

Elliott Wave Counting with EG

Looking for a wave 2 retracement or a wave 5 throwover to complete the ending Diagonal Triangle and See the Trend reversal. But could all change favoring the continued move upside once the upper downward resistance trendline of the diagonal triangle ...

Elliott Wave Counting with EG

If you were not the first to use it, many of us here are grateful that you have taught US about the 5 sma. We owe you that. EG

Daily/Intraday Momentum Analysis

[quote=Clusterwise;1729167]good day all How are you elgrande, hope you are doing well big A is a zigzaq and I believe that current wave unfolding c-wave which is the third leg of big B as we already finished a and b. please notice the alternation ...

Elliott Wave Counting with EG

[quote=aviro25;1728539]just an alternative count...any comment be welcome Hey aviro25... Thank you for that perspective on using the Support and Resistance Trendlines with EW Labelling / Counts. Your charts have helped me see some reason as to why ...

Elliott Wave Counting with EG

Here is somethingelse to think about Head and shoulders in relation to the EW and Fibonacci studies on Price Here is where I see a conflict. A head and shoulder Pattern sees a breach to the lower side for a longer term down trend. But based on the ...

Elliott Wave Counting with EG

GBPJPY — Looking at the 4 hour chart and studying the ending diagonal pattern.... this looks like the diagonal pattern may not breach that upper down trendline afterall. Based on the description of an ending diagonal triangle wave 5, all waves ...

Elliott Wave Counting with EG

Hi marketwavez. I have a different perspective with respect to the USDJPY Count as you will see in the charts below. I am still unclear as to the complexity of the wave 4 on the monthly. Downward trendline was breached and retraced. EG

Elliott Wave Counting with EG

Exited my short trade at a loss. Will wait to enter anew after a retracement towards the previous low. Based on the ending diagonal triangle, this sub wave 1 up may hit the upper downtrendline as it coincides with the 261.8% fib extention from the ...

Elliott Wave Counting with EG

Looks like I will have to say goodbye to my short trade. Looking for a retrace of sub wave 1 towards 50% 222.15 61.8% 221.94 78.6% 221.64 85% 221.52 And we should be Good for Longs from there and most likely surpussing the 251 position. the ending ...

Elliott Wave Counting with EG

Another revised 15 min count

Elliott Wave Counting with EG

Suggested TP Levels if this continues down: Daily S3 @ 220.44 Weekly S2 @ 219.69 and if it still breaks above level.... next I see is weekly S3 @ 215.48 Some how, if this does fall below 220.44... I am favoring 219.69 then expext a retrace... thus ...

Elliott Wave Counting with EG

New LOW is made So I need to change the count on the 15min. That means I need to re work all the charts I made above till the 1 hr chart. Lookd like this is the the wave 3 inside a wave 3 of a wave 5. EG

Elliott Wave Counting with EG

Alternative Count on 15min — alternative replacing f I did not notice I had not yet moved the iv wave label. seems like market will be in correction till closing or will have the start of the move down again. Price will probably have a GAP ...

Elliott Wave Counting with EG

Below are my current charts for this weekend and for next week. Let us see how these charts will perform.. EG

Elliott Wave Counting with EG

Attached Charts

Elliott Wave Counting with EG

Alternative counts

Elliott Wave Counting with EG

Hey Daytek... Thank you for posting your chart here. I hope to see more of your chart... Ok.... Here is what I see in the GBPJPY now EG

Elliott Wave Counting with EG