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skyhok replied Feb 13, 2015Present top is only a part of complex running correction (4) - in line with guidelines that a complex wave (4) alternates with a simple (2). When this upward contracting diagonal actually finish, it would be a sharp drop towards the bottom of it. ...
Cable Update (GBPUSD)
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skyhok replied Feb 13, 2015EURGBP is on a bottoming process or pattern, completing wave (iv) correction before the final (v) down. image
EURGBP
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skyhok replied Feb 13, 2015Those familiar with EW would be interested that this wave is very trending, on the 3rd wave of the 3rd of 3rd. image
EUR/CAD
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skyhok replied Feb 13, 2015Zooming out on a Google map ? - one gets a better sense of direction. An alternate long term count tells an incomplete wave (4) correction, very likely terminates next the bottom of previous wave (iv). image On the near term, the correction since ...
Dragon Riders GBP/JPY
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skyhok replied Feb 12, 2015Your chart tells a thousand words. Best to your trades!
Dragon Riders GBP/JPY
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skyhok replied Feb 12, 2015Charts! Charts! Charts! guys. Hard to understand when you're thinking aloud. LOL
Dragon Riders GBP/JPY
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skyhok replied Feb 11, 2015There's a 'better short' early next month on my chart. I'll let you know.
Cable Update (GBPUSD)
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skyhok replied Feb 11, 2015Good one
on your GBPCAD short. It's spot on and will do well.Oil and Natural Gas
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skyhok replied Feb 11, 2015S&P500 looks set for the downside starting on the 3rd of 3rd of 3rd wave. image
Elliot wave, Harmonic And Ichimoku in CHINESE STYLE
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skyhok replied Feb 11, 2015First target near bottom of ending diagonal. image
Cable Update (GBPUSD)
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skyhok replied Feb 10, 2015Looking at the wave count unfolding, you're right that (v) could reach 58-62 area, before reversing to at least bottom of iii or v=i. image
Oil and Natural Gas
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skyhok replied Feb 10, 2015Hi PorkyMonster, I'm with u that the next move is upward. May be I'm a bit optimistic that it will go further up, by looking at the longer term chart, it's only at the beginning of an extended (5)th wave, very similar to the wave structure of USDCAD ...
EUR/CAD
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skyhok replied Feb 10, 2015I'm with u on that. Just get your view: Do you see the move from 26 Jan low as corrective or something trending up?
EURUSD