the other side of the scenario and why. currently having a bias for the continued move down based on other systems. Right now that I know I am not that good with this EW Counts yet, I still employ or supplement my analysis with various tools for ...

Elliott Wave Counting with EG

I am getting more inclined to believe that we have seen a reversal. So waiting for a pullback equivalent to a sub wave 2 of a sub wave "a" of the Big Wave B Leg Going up of this wave 4 flat corrective wave. Most likely a 61,8 or 78.6 up to 86% ...

Elliott Wave Counting with EG

Ranging Friday or is it a Reversal? Scenarios on the chart If Price does not go lower than 237.60 and this retracement is around 61.8 to 100% retracement to 237.60 but no lower than this..... then we are in for a Reversal and will likely be on our ...

Elliott Wave Counting with EG

A shot at forecasting. EG

Elliott Wave Counting with EG

Price has continued to go Down probably reaching end of wave 34 red level @ 235.22 to fit into a wave 4 Guideline. Although Maximum potential dip of a wave 4 is till the end of wave 1 mocassin @ 234.33 Next we have to watch how wave 4 develops. ...

Elliott Wave Counting with EG

incidentally, Daily S1 is @ 237.81 Candle lowest part for now is at 237.97. almost there Daily 5 SMA is @ 237.21 Weekly 5 SMA is @ 236.95 Daily S2 is @ 237.05 Monthly Pivot @ 236.96 Let us ee if price breaks thru that thick layer of Support EG

Elliott Wave Counting with EG

Price has continued to come down. Let us see if this stops at the FE 100.0 @ 238.11 Then a Gartley Develops in the 15min chart EG

Elliott Wave Counting with EG

EW and The Time Factor — Does anyone around here have any reference material relating time with Wave development? I think I have somehow gotten a sort of grip on price development. It is the time factor that I am really having a hard time ...

Elliott Wave Counting with EG

Hi . I guess it depends on where you have your wave counts really. But with my wave count ( which does not necessarily is correct - meaning it could also be wrong ) price is in a wave 4 inside a wave 3 going up. and this sub wave 4 inside wave 3 is ...

Elliott Wave Counting with EG

If you are serious about learning Elliott Wave Principles, I do not suggest that you get a software. Once you have the software, you will have less drive to really learn EW Principles. You will grow dependent on the software to do the core analysis ...

Elliott Wave Counting with EG

Price continued downward but stopped and bounced on the 240 EMA on 15min chart. checking the 1 min chart, I think I see 5 wave subdivision. this could the the reversal to the Upside with C just a little over 61.8 % of A. EG

Elliott Wave Counting with EG

Looks like I got a Bomber here. This is what I think is a failure to recognize wave size and proportion. This could possibly be the completeion of the zigzag of the sub wave b inside the Big B wave Up. where C = A EG update : or maybe not . Unless ...

Elliott Wave Counting with EG

I hope I have Answered your questions enough for you to understand what they mean. EG

Elliott Wave Counting with EG

Possible Wave B Up of a flat corrective wave. I have assumed that this is a wave 4 and that it is a sideways corrective wave and not a Simple Sharp Corrective wave normally associated with Zigzags. So if this is a corrective wave, then wave A ( ...

Elliott Wave Counting with EG

carforum and Pips4life.. will reply to you a little later. Chart is offered as an alternative count. When my charts get too busy, I open up a clean chart and start labelling from there again. Helps me get a clean view again and prevents me from ...

Elliott Wave Counting with EG

Bearish Engulfing Candle forming on the 1 hour chart A Bearish PinBar may finish in the 4 hour Chart. In addition to EW Count Guide.. I am thinking of this as just a wave 4 retracement before a final leg of wave 5 going up is achieved towards the ...

Elliott Wave Counting with EG

to continue.... On the use of the Fib Extention Tool: I came up with a sort of guideline which is listed below: Wave 3 is FE 161.8 to 200.0 Wave 5 is FE 261.8 to 300.0 Only when Pips4life asked how I used the Fib Extention tool did I realize that I ...

Elliott Wave Counting with EG

GBPJPY — Refer to Chart on Post # 939 Using EW and the Guideline on Wave Extentions plus the help of MT4 Fibonacci Extention Tool, End of Wave 3 is projected at FE 161.8. Seeing Wave 3 to be extended, a relationship with Wave 1 is assumed to ...

Elliott Wave Counting with EG

Count variations

Elliott Wave Counting with EG

Adjusted Wave 5 end EG

Elliott Wave Counting with EG