All ingredients of the Elliott wave are present here. - Wave two hit the 61.8% retracement and closed above. After this comes the confirmation for the start of wave 3 through divergence. - Wave three may not be the shortest wave (check). Looking back to wave one, it is clear at that moment that it is actually wave three. * An additional point that is clearly...
This analysis that I have made is to retain insight into what can happen, to look back at what happened afterwards and to look back when I discover a similar case. I do not give advice as to what someone from this analysis should do or imply. It is an important reminder for myself about what happened.
All ingredients of the Elliott wave are present here. - Wave two falls within the boundaries of a retracement of 61,8% - 78,6% of wave one. - Wave three may not be the shortest wave (check). Looking back to wave one, it is clear at that moment that it is actually wave three. * The extended wave three itself is a five wave as well. * An additional point that is...
Looks like USDJPY is going to make a basic impulse move of five waves up. It should be taken into account that wave 4 has been in the wave 1 territory, so there is a possibility that wave 5 will be ending diagonal. However, this overlapping is not a assumption for a ending diagonal. For now, we will have to wait. Note: In this last wave up i'am hoping to see...
This five wave up has more than the first spot is visible. First of all, we look at the wave itself. All ingredients of the Elliott wave are present here. - Wave two falls within the boundaries of a retracement of 50% - 85.4% of wave one. - Wave three may not be the shortest wave (check). Looking back to wave one, it is clear at that moment that it is...
This five wave down has more than the first spot is visible. First of all, we look at the wave itself. All ingredients of the Elliott golf are present here. - Wave two falls within the boundaries of a retracement of 50% - 85.4% of wave one. Even better is that this happens with a pinbar, which gives a signal that a possible wave three will start. - Wave three...