Great chart u got there - for a start of down trend. While in the 1hr. chart, the minor correction started 14Mar is not finish, one more leg (wave c) to the upside before resuming downtrend. I'm going for a sell limit at 142.37. image

EUR/JPY

AUDCAD setting off for a swift 3rd wave down. Also, testing the theory that an Ending Diagonal will be retraced completely in a very short time - about 25%~50% of time taken by the ED ? We'll see. image

Elliott Wave Trading

Good to know that. I'll keep that in mind.

NZD/USD

Yes, an e wave or 5th wave, whichever you like, it will reach at least where it hit the upper channel line at about 0.8750. Then start looking for reversal pattern. image

NZD/USD

Not sure when his new book coming out, but the present one is worth every penny. If you are going to study Elliottwave in the next few months, worth using Neely's book.

Elliott Wave Trading

Thank you. Look forward to see more discussion in this forum. EW+Fibonacci my favorite indicators.

Elliott Wave Trading

I am a bit shy in naming the text book, because there are different schools of well practiced Elliotticians, but sometimes with conflicting views, and between old and new schools. So bear with me that I am just using what I find useful and familiar ...

Elliott Wave Trading

Thanks for your question - I went back to my text book and clear up something myself. 1. An ending diagonal occurs in the 5th wave of impulse or in the C wave 2. It can either be contracting or expanding (meaning the market is in uncertainty) 3. ...

Elliott Wave Trading

Good to see some great EW charts on this forum. I have similar count to yours, only slightly different, but the end result is the same : I believe we are in the 5th of a larger C of wave e ending a 5 year triangle, too. image

Elliott Wave Trading

Shorted A/C 0.10223 tp 0.9409 in about 4~5 weeks time.

AUDCAD

Just short AUDUSD 0.9123 tp 0.8855 (61.82% retracement).

AUD/USD

image

AUD/USD

Sell limit 142.43 ? Sometime next week ? image

EUR/JPY

AUDCAD breaking channel line. Hope I'm not the only odd trader shorting this pair, better place sl just in case. image

AUDCAD

Despite fundamentals for a reversal, technically it looks like a C wave of a correction and one more leg to the upside. Just an alternate view. image

NZD/USD

Shorted AUDCAD near 61.82% retracement, but this pair found another interesting retracement level at 66.6%, holding position from now. image

AUDCAD

Thanks

NZD/USD

I'm 50-50 on USD, USDCHF looks completed a long term regular flat correction, could advance from here. At the same time could go lower to take out gap and visit 61.82%. What do u think? image

NZD/USD

Your count is good and looks like EURUSD is reversing. I have a possible alternate count that the pair completes zigzag (pink) and reversing in longer terms. We'll see what the market does. image

Elliott wave outlook

NZDUSD turning. image image

NZD/USD