Has not fallen to where Lower median Line and Daily Downtrendline intersect. However it has met criteria for 50% retracement of wave 3 and a corrective wave leg measurement/ relationship of C = A My view now is that it will start going up again. ...

Elliott Wave Counting with EG

Potential Retracement: EG

Elliott Wave Counting with EG

EW Projections/Targets Alongside Targets Using other systems/tools. Another candle opening and closing above that downward Orange Daily broken trendline will help boost validity of an upward move for this currency pair IMHO. Already on the 4hr ...

Elliott Wave Counting with EG

Thank you for further improving this tool. I am sure many would be glad and thankful that you worked on this. EG

Add price to Fibo levels automatically using Set_Fibo_Price_Any_V2.mq4

Great Work Pips4life Thank you very much. I have been wishing for this for quite sometime now. Been having a hard time as you can see with my charts as I have mainly depended on Fib Extention Tool and the Fib Retracement Tool as my secondary Tools ...

Elliott Wave Counting with EG

Hourly candle closing above Daily Trendline Orange. EG

Elliott Wave Counting with EG

Adjusting my wave count on the 15min chart 247.27 as Target for end of Wave 3 UP. EG

Elliott Wave Counting with EG

Thank you Breeze. I am attaching 2 charts. First 1 - I base on a Pulse Chart I am working on. Has it its roots on EW but am using something else for the rules. Then another is the Chart where I label the waves based on Rules as far as I can remember ...

Breeze....Update on GBP/JPY

Treandlines

Elliott Wave Counting with EG

Still toying with my charts. Attaching a chart with some labels which are not to be taken as EW Count. I would prefer to call it Pulse Chart.. still experimenting on it.

Elliott Wave Counting with EG

Good to see you have your own thread Breeze. Allow me to sign up for your Lessons. Will be looking forward to your posts. EG

Breeze....Update on GBP/JPY

23.6% retracement was hit. I would now assume that a rate cut of .50 will fuel price increase for this Pair. That the Plunge it is now in is but a pull back and will eventually be parallel with the Elliott Wave Count. Meaning after this wave 4 ...

Elliott Wave Counting with EG

Alternative Count Spotted this on a different Chart I was working on. EG

Elliott Wave Counting with EG

adjusted because of new high

Elliott Wave Counting with EG

15m close up Interestingly 238.52 is near the 15min 50EMA 4h 5SMA is @ 238.33 EG

Elliott Wave Counting with EG

Here is my basis from the daily chart down to the 1 hour chart. Looks like a 25 to 50 bps cut is factored in. EG

Elliott Wave Counting with EG

GBPJPY Update Looks like we have finished wave 3 Up @ 239.53 and entering a retracement down for wave 4. Most likely at 23.6% down of previous wave 3 @ 238.51 where the Sub wave 4 of wave 3 is at. Then a continued Trip Up North is expected to cap ...

Elliott Wave Counting with EG

True. Sorry about that Serega. Now that you mentioned Neely, then we use different references. My apologies to you. I am not very familiar with Neely's Work. Although some say that his work is very good. Please continue posting your charts as you ...

Elliott Wave Counting with EG

Serega Wave 4 is only allowed to overlap with wave 1 in triangles. I do not see this as being a triangle by the looks of it. That is why you will see that your wave 3 is just wave 31 for me because of this overlapping. This also puts more fire power ...

Elliott Wave Counting with EG

TP Levels close up

Elliott Wave Counting with EG