GBPJPY — Price bounced off 232.45 waiting for the break out to the down side or a continued trip UP for the Sub wave c of another sub wave 2 EG

Elliott Wave Counting with EG

Thank you Falcon eye for your view and your chart EG

Elliott Wave Counting with EG

GBPJPY_intraday — looks like un upward move will bounce off to the down side from 233.24 That is if it does not break to the upside of a channel drawn using the 2 Low swings of the 15 m chart and the Latest Hi Swing on the same TF. This may ...

Elliott Wave Counting with EG

GBPJPY_intraday — going back to 15m chart if price bounces off he channel side, I will look for a zigzag completion where C=A is found. to complete another sub wave 2 And still eyeing an overall bearish trend If it does go up and 5m and 15m ...

Elliott Wave Counting with EG

GBPJPY _ 4hour Chart — for a continued Bearish Trend 4 hour chart using Fib extention tool with the following points as reference 0 = 233.67 1 = 229.72 2 = 233.23 161.8% = 226.84 200.0% = 225.33 261.8% = 222.89 300.0% = 221.38 425.0% = 216.44 ...

Elliott Wave Counting with EG

GBPJPY in Different Systems — GBPJPY EW with FIB Extention Tool Projection - Wave 3 Channel Projections Swing HI-LO 50% retracement Projection At least 3 systems projecting Price within the same range I would expect it to go thru Monthly Pivot ...

Elliott Wave Counting with EG

GBPJPY — Price broke out of that diagonal triangle and achieved a target price which you will see in the next chart. It is valid for now to say that we have reached end of wave 2 for the following reasons 88% Retracement C has surpassed the ...

Elliott Wave Counting with EG

GBPJPY — I am not placing any trades till I see that price is really going to come down where the 4 hour stoch has crossed back the 80 Level. Long targets to watch for are: 233.78 for Resistance 3 234.78 As a Major Resistance Level 235.51 ...

Elliott Wave Counting with EG

GBPJPY — Going for the 5m chart We may have an extended wave 1 then a Diagonal triangle to finish off this Wave C? at a little above 88% retracement. This could still go up some more. I stilll have no trade loaded. But will wait for the Signal ...

Elliott Wave Counting with EG

GBPJPY_EW Count Adjustment — Count Adjustment . But Initial Targets still within the wave 2 range. ( Using the FIB Extention Tool ) Have adjusted the A and B Labeing for Wave 2 EG

Elliott Wave Counting with EG

My apologies kenari. I have not looked into capable with various systems aside from EW like I do with GBPJPY. I am a slow poke and I could barely grasp the whole scenario of GBPJPY while observing various systems almost at the same time under ...

Elliott Wave Counting with EG

Too bad I got stopped out on this. My SL was too tight. Anyway, that is what happens when I need to leave a trade. This pair needs a much wider SL. I normally have my SL at 600 for this pair. But I was testing a smaller SL for today's trade ...

Elliott Wave Counting with EG

GBPJPY — Long at 231.83 SL 231.50 TP 234.36 or lower for anybody else I am leaving this trade on without watching . besides it is on DEMO. EG

Elliott Wave Counting with EG

GBPJPY 4h stochastics is just at the 50 level. SO I have more reason to believe we still have a long way to go up. We may just be on a wave 3 up starting from 231.22 on the 15m chart. EG Note that I am just trading this on DEMO as I wil not be ...

Elliott Wave Counting with EG

NOT supported yet by EW — GBPJPY I am putting this here even if I havenot re assessed my EW Count. I will be eaving soon but I am placing a Long trade based on this one which I think would require me to re assess my EW Count. Anyway, Building ...

Elliott Wave Counting with EG

GBPJPY Tweezor on the 30m Chart Encountering Resisitance at 232.03 30m chart could send price back down to 30m 50 EMA and the 100EMA and 4hr 5SMA at 231.35 which is still within wave 2 retrace range. Unless Support is held for Price by the weekly ...

Elliott Wave Counting with EG

Another note not EW — Looking thru other systems, My EW Count may have to be revised again. If price goes above 232.5..... and a full 15m candle or better a 4hour candle opens and closes above this, 234.38 may be in sight This will require me ...

Elliott Wave Counting with EG

Too early exit on GBPJPY — Missed out on a lot of pips there. BUt positive 16 pips is still great. 1st Daily Resistance is at 232.15 Monthly Pivot at 232.27 Daily 5SMA at 232.37 Daily Resistance 2 at 232.78 Levels to watch out for are above. ...

Elliott Wave Counting with EG

Closed at 16 pip profit instead of 18pips. Price seems to stop at the 231.85 weekly Pivot. Looking for the actual wave 2 retrace now. EG

Elliott Wave Counting with EG

GBPJPY — Lucky Timing? Entered a Long Trade a little after the bounce off the 15 5 SMA. Entry was based on estimating how much more it would go down based on my EW count for an expanded wave 4 in relation to how much drawdown was I willing to ...

Elliott Wave Counting with EG