GPJPY — GBPJPY

Elliott Wave Counting with EG

GBPUSD — AP Checking my chart 15m now.... I am looking at 2.0295 as a possible entry for my Short. That is a little over 61.8% retracement for the wave 32. 4hour stochastic is already overbought and looks ready to crossback thru the level 80. ...

Elliott Wave Counting with EG

a closer view

Elliott Wave Counting with EG

GBPJPY Ready for wave 5 up for the end of Wave C?

Elliott Wave Counting with EG

GBPUSD — Hi AP 2.0316 is the tops on my chart now. I think you got a very good entry there. I have not been trading GBPUSD for quite some time now. Have just been following it in the charts. I just might get on it on the wave 2 retrace. IT is ...

Elliott Wave Counting with EG

GBPJPY Possible Truncated 5th wave on the 15m Chart? EG

Elliott Wave Counting with EG

GBPJPY Price is still ranging and could still play out either of the 2 color countings I put on the chart. Red Label - which is still suspect for me ( altough I would actually benefit with my current 2 short trades since last Friday ) would lavbel ...

Elliott Wave Counting with EG

Yes Adrian, I have come across Neely. It is just that I have not immersed myself in his works yet. Attached is the 15m chart which I posted last week (Friday I think) where I described that prie may range because of the possible wave 4 scenario in ...

Elliott Wave Counting with EG

Hey Adrian. Thank you for your Chart on GBPJY. I was just kind of hesistant to label my bearish charts like you did which is similar to what al yaqen also has because of the rule of alternation. I could actually be wrong with my assumption and you ...

Elliott Wave Counting with EG

The "CROWD MENTALITY" — Many (and that includes me) have been long anticipating the fall of GBPJPY in particular. And yet ... up to now, this pair is sitting on a price range level that may still go either way for the Pair. Based on ...

Elliott Wave Counting with EG

Charts — Charts

Elliott Wave Counting with EG

GBPJPY The Bears may have been left disappointed not seeing the Fall of this Pair before the weekend. And that includes me.... With the curent Chart scenario, it is very likely that we still have not seen the end of the 5 wave impulse to the upside. ...

Elliott Wave Counting with EG

You may be right. I was looking at the 15m chart. triple top is there but the 5 wave impulse count was not evident But when I went to check on the 5m chart.... looks like a possible valid 5 wave impulse count was available. thanks for pointing that ...

Elliott Wave Counting with EG

GBPJPY Update 15m chart Approximate FIB Extention Projections are wave 3 at 161.8% 233.28 200.0% 233.46 Wave 3 attained Currently in wave 4 in this small wave 5 UP Wave 5 Projections at 261.8% 233.75 300.0% 233.93 With this, Let us see if we see our ...

Elliott Wave Counting with EG

GBPJPY Still need caution though as 234.56 is the weekly Resistance 1. Might just get to that level to build a harmonic pattern on the 4 hour TF. Harmonic Patterns are already seen on the 15m 390m and 1 hr TF. EG

Elliott Wave Counting with EG

GBPJPY 15m chart with a near double tweezers with a high of 233.44 for the 2 candlesticks. just waiting for 4hour stochastics to reach over bought level. stochastics on other TFs have alredy reached overbought levels. EG PS. not adding any trades ...

Elliott Wave Counting with EG

GBPJPY 233.17 has been breached. Next level to watch is around 233.60 which is the 4 hour trendline Resistance. Then 234.76 which is my wae 52 and 100% retracement of wave 532 towards this wave 5 or end of Wave 532. Let us see what happens EG

Elliott Wave Counting with EG

GBPJPY unless this is truncated or a 5th wave failure... but I am keepng watch on the 4 hour stochastics to reach over bought level. EG

Elliott Wave Counting with EG

oopppsss... My apologies. The range I gave was actually 23.6 to 0 retracement. And would you believe it??? Price has stayed within That range up to now. Mosty probably we will not see retrace to 38.2% down of Wave 3 since this is basically sideways. ...

Elliott Wave Counting with EG

GBPJPY just an add on. if this is wave 4 retrace... most likely it will be at 38.2% as this is also at the level of previous sub wave 4 of prior wave 3. So i think it will range within a range of 232.40 and 232.99 Just my thoughts here. EG

Elliott Wave Counting with EG