Wave count of a complex correction [iv] still in progress and intact - expecting downside potential in the coming week or two. image

USD/JPY Discussion

Since 3rd Feb top, price action has been very corrective, more like the (b) wave of a time consuming correction [ii]. image

EUR/AUD

Correction (iv) near completion - almost ready to resume down trend. image

AUD/USD

Have to see whether this decline is corrective or impulsive to work out final target. Anyway first target is around 1.4980.

Cable Update (GBPUSD)

Excuse me for what I see - gap filled, ending diagonal completed and GU breaking down through bottom channel line. The initial target is bottom of the ending diagonal. image url

Cable Update (GBPUSD)

Happy Chinese New Year! son: Does my tablet runs better in the year of the RAM? dad: The memories made in China are not too bad these days.

AUD/USD

EU is accumulating more for the upside.

EURUSD

The Orthodox Top or Bottom - simply saying that an irregular flat correction has or has been developing after an impulse wave.

The Club!

Yes, I'm with u that this is a very discounted price to go long on an up move, medium to long term.

EUR/CAD

Long for 3 to 4 days. image

USD/CAD

The Orthodox Top from R.N. Elliott's Masterworks image

The Club!

Bottoming process or pattern in progress - completing this wave (iv) correction then the final (v) down. image

AUD/USD

Long Term weekly Elliott Wave count of GBPUSD showing the downside potential of present decline from July 2014 top to be at least 1.4190, whatever the present PA may be. Overall view is that since Jan 2009 low, GBPUSD has been developing in a ...

Cable Update (GBPUSD)

Good choice ! and the only correct count.

Cable Update (GBPUSD)

Posted one last Friday I think it till hold: url While there's the gap to be filled: url

Cable Update (GBPUSD)

Wave counts on every other GBP pairs (including GBPCHF) are poised for the downside. Now waiting n' watching out for GBPUSD's downside. image

Cable Update (GBPUSD)

ok

Cable Update (GBPUSD)

image

Cable Update (GBPUSD)

Whatever it is, there's a gap that needs to be closed. image

Cable Update (GBPUSD)

Thank you, Mpt. You're very economically correct with views that the markets are 'a may be up and may be down' with respective reasons. I can only guess what you mean is :USDJPY and GBPJPY are at present both sideways markets. In a sideways moving ...

Dragon Riders GBP/JPY