Yes, breaking out off the bottom.........

AUD/JPY

A probable completion of a 9 months correction wave (4) since 27 Dec 2013, having the wave (C) of correction being an expanding ending diagonal with a non-extended wave v. if that is so, expect upside movement on this beginning of (5)th wave from ...

EUR/JPY

A terminating pattern of an ending diagonal on the final wave [v] looks complete near 61.82% retracement. Expecting a rapid advance back up to 175.00 as a 1st target. Keeping an eye on USDJPY. image

GBP/JPY

Probable buying opportunity? image

USD/CAD

image

GBP/JPY

Thank you for the alternate views. That's what I like about trading threads and forums on sharing views - that if your wave count or view works, I'll hop onto it; otherwise, I'll get onto mine for the final trading decision. It's a WIN-WIN.

GBP/JPY

Well done for choosing the comprehensive Neely's EW method. It's a personal chose to stay away from trading corrections until it is confirmed complete, simply because : 1. end of corrections = beginning of the next trending waves. 2. PA of ...

GBP/JPY

I've been waiting to go long at the end of this correction since 180.69 top, and it's been very helpful following all the latest analysis on this thread and thank you. Completion of this pullback is overdue, while wave count shows more likely ...

GBP/JPY

This wave structure of AUDJPY has a potential of a rapid extended decline once it breaks the lower channel line (in red). image

AUD/JPY

EURUSD will go lower after this minor wave iv correction ( in orange), whether it is worth trading it or not. image

EURUSD

Wave [ii] correction looks complete with a ending diagonal on the (c) wave, while channel line support (in brown) is holding. It's a favorable risk/reward ATM if sl placed under invalidation, for the wave [iii] advance. image

EUR/JPY

It's time to look at the bigger picture of GBPAUD. Could this be the completion of wave (b) of this year-long correction, setting up for a wave (c) down? image

GBP/AUD

This decline from 141.20 looks very corrective, which will be retraced eventually. However, anything can happen - the invalidation point is a break of the channel line at 137.20.

EUR/JPY

It's been a clear regular 3-3-5 flat correction developing since 10 September, now still in wave (b), with probable setup for wave (c) advance when (b) terminates. image

Cable Update (GBPUSD)

Well said and very good points, MaximeCau. With present development, EURJPY will either advance after minor 61.82% retracement ( in red) or take a final push down before reversing (in orange). Either way, preparing for the trending wave [iii] ...

EUR/JPY

Likely outcome? image

NZD/USD

EURNZD is just about to break an upper channel line, while completed a truncated or failed (5)th wave. If this is the case, it is an even better outcome - now poised for advance on a major trending wave 3. image

EURNZD

Good one, Infinitus, haven't seen such sensible EW analysis posted for a long time. Like it!

The Club!

Thank you for picking it up, could still be in wave III orange, you may have a better count, any idea?

EURUSD

EURNZD reversed and starting a dash to the downside on the wave v.

EURNZD