Hi . I think GBPUSD will either DIP towards 2.0318 then move up towards 2.0587 or just proceed to 2.0587 from where it is now. 2.0587 is C=A in a Big Wave B of this Wave 4 corrective wave. But this Big Wave b can stil go higher than the previous ...

Elliott Wave Counting with EG

GBPJPY — Looking for a bounce on the folowing Levels 15m - EMA 200 = 235.36 Daily 5SMA = 235.20 Channel Bottom = 235.05 Previous Day's Low = 234.71 Daily S2 = 234.60 15m Major Support = 234.38 Already entered a long at the 15m EMA 200 bounce ...

Elliott Wave Counting with EG

GBPJPY — Checking the Technical Indicators, As price goes to the Pivot Level @ 234.38, it enters the breakout area of previous days LOW. If a 15m candle opens and closes below previous day's low, then I will next watch for the 4 hr candle. if ...

Elliott Wave Counting with EG

GBPJPY Dip — Hanging man on the 4hr chart S1 235.15 S2 234.60 Major Pivot 1H and 4H - 231.25 m15 and m30 - 234.38 I would be on alert when it reaches S2 then m15 major Pivot. Most likely it will reverse on the Pivot Level. EG

Elliott Wave Counting with EG

Quote from Post # 713 " GBPJPY _ Potential EW Counts GBPJPY Potential Counts First off 4hour Chart - Trendline Resistance breached 2X to the Upside. I am expecting this to go up some more. Like up to 235.50. If Price goes higher than 235.50, then ...

Elliott Wave Counting with EG

If you check thru the earlier pages, I posted a monthly chart where I showed and explained why I labelled my monthly chart as GBPJPY is in a complex sideways Wave 4 which I see as forming a C=A Flat corrective wave. And that we are currently in a ...

Elliott Wave Counting with EG

GBPJPY_Technical Side — Based on other systems: Going Long is being favored. Last 4hour candle opened and closed above Thursday's High. a 61.8% increase in price based on Thursday's range added to Thursday's top will land on the R3 level of ...

Elliott Wave Counting with EG

GBPJPY _ Potential EW Counts — GBPJPY Potential Counts First off 4hour Chart - Trendline Resistance breached 2X to the Upside. I am expecting this to go up some more. Like up to 235.50. If Price goes higher than 235.50, then next level to ...

Elliott Wave Counting with EG

Hi AP I hope you still manage to gather some pips after that close call. Enjoy the weekend with the family. EG

Elliott Wave Counting with EG

TP Hit @ 2.0215 Was not able to re-enter a trade due to power interruption in my area while I was waiting for the retracement. Anyway, I was away from my computer from before Frankfurt to way into the US Session. Not complaining as I had all ...

Elliott Wave Counting with EG

gbpjpy — Seems like it wants to continue downward now. But I am still not convinced that it would only go higher than 23.6% and not reach 38.2% retracement of Wave 3. There is a long legged doji on the 15m chart and an engulfing candle now. so ...

Elliott Wave Counting with EG

GBPJPY — Retrace has exceeded 23.6% 38.2% @ 233.37 is more common . However I will choose 50% at this time whch is @ 233.58. That shoul coincide with the current level of 1h and 4h 5 SMA. Then probably 15m 50EMA will be within that level too. ...

Elliott Wave Counting with EG

GBPJPY — Level at which I closed my GBPJPY Trades where already inside my EW Target range of 161.8-200% FE for my wave 3. Using the Fib Extention Tool. After which I expect a retracement of at least 23.6 to 50% for the wave 4. ( as I type ...

Elliott Wave Counting with EG

GBPUSD — Placing my TP at 2.0215. Daily 5SMA is @ 2.0212 UPDATE: Now a double bounce on 232.70 which is the Daily 5 SMA Level. Possible retrace due here. EG

Elliott Wave Counting with EG

GBPJPY — Exited that first 1 too early. Now closed all my Short Trades as it bounced off Daily 5SMA All in Profit. Looking to enter another short at a retracement of maybe 38.2 - 50% UP of this wave 3 down. EG

Elliott Wave Counting with EG

GBPJPY — GBPJPY If 234.55 is considered Top for previous wave, then looking at 15m chart... wave 1 has made an 88% retracement up. So I would expect us to be in wave 3 down now with target 1st at 233.20 I just closed my LIVE trade at 233.50 ...

Elliott Wave Counting with EG

GBPUSD — GBPUSD Sell @ 2.0289 is my Entry. SL @ 2.0317 Previous high was at 2.0316 being origin of my C.3.1 TP is Open for now. Will set a TP if I leave before Frankfurt Open. EG

Elliott Wave Counting with EG

HI AP. Is 300 hundred your origin of C.3.1? Wave 2 or C.3.2 is allowed 100% retracement of C.3.1 . I would place mine at 1 pip above origin of C.3.1 EG

Elliott Wave Counting with EG

GBPJPY — News sure propped up this pair. Sell limit order @ 233.24 got stopped out @ 233.35 Trade entered at 233.05 down by 139 pips now . SL was at 235. LIVE trade at 233.05 currently down 139 pips too + 18 pip spread. SL 300 Was out since ...

Elliott Wave Counting with EG

GBPJPY — Short at 233.05 5 pips below Sell Limit Order at 233.10 for the C=A EG UPDATE High at the moment is 233.12 on my chart TP 230.74 for the 261.8% FIB Extention Projection SL 300

Elliott Wave Counting with EG