Trying to make heads and tails of the price action in the markets. The Elliott Wave count I’m getting is a series of running b waves with lower highs unfolding with an oncoming major wave down right in front of us. Monday is Martin Luther King day with the US markets closed. I’m expecting a rally above the Minuette a wave highs of mid-December and a challenge...
EURJPY giving us some clear structure ABCD Pattern with obvious rejection at a major level of support Price has just begun to re-enter our band so I will go to the lower levels to look for entry Blue - Training Range (I am currently looking to trade from the current position (once I go to the lower levels and find entry) to the top blue band @ the least) Pink -...
After completing the simetric pattern (A-I), the goal of minimizing the fall in the 78% of fibo range....