Also mabey inverted H&S left 99.78 head 99.59 right 99.80???
Could be but then where is the count??
the H&S should count out as 1V to 5V.
And then the left shoulder should be 1V and it's the 5V down and compleat at 0,9968.
Could be but then where is the count??
the H&S should count out as 1V to 5V.
And then the left shoulder should be 1V and it's the 5V down and compleat at 0,9968.
I was hoping u would tell me that looks tricky here, I just went long Eur/GBP a little more clear b wave bottom at 84.22 c wave top target 85.63 which is also .618 and TL resistance. I'm stll tempted to short at 10055ish but the inversre H&S scares me a little, I have seen a chart where we are in an ending diagnol heading up for a new high into a top, it was in a utube video "elliott-wave forcast"
I was hoping u would tell me that looks tricky here, I just went long Eur/GBP a little more clear b wave bottom at 84.22 c wave top target 85.63 which is also .618 and TL resistance. I'm stll tempted to short at 10055ish but the inversre H&S scares me a little, I have seen a chart where we are in an ending diagnol heading up for a new high into a top, it was in a utube video "elliott-wave forcast"
Well vonzey in this business fear is you'r greatest enemy and stop loss is you'r best friend.The tricky part is where to put you'r stop loss and you'r take profit.
Well vonzey in this business fear is you'r greatest enemy and stop loss is you'r best friend.The tricky part is where to put you'r stop loss and you'r take profit.
I like that, and danger is my middle name if this is an ABC fourth wave I guess 10053 is where a=c 10073 stop.
I'm out.
This is just too freaky.They pushing ,,b'' higher and higher to get a higher,,c'' to maintain the bullish outlook.1,0029 broke and that was a key resistance.They could push it to 1,0082 and then 1,0029 is goona act like support for a higher high.I'm goona try to make a long entry at 1,0029 after trend pull's back on that support.
I'm out.
This is just too freaky.They pushing ,,b'' higher and higher to get a higher,,c'' to maintain the bullish outlook.1,0029 broke and that was a key resistance.They could push it to 1,0082 and then 1,0029 is goona act like support for a higher high.I'm goona try to make a long entry at 1,0029 after trend pull's back on that support.
Edit:1,0082
I covered at 0036 short again at TL resistance, longshot mabey 9920 for bottom of 5.
I'm out.
This is just too freaky.They pushing ,,b'' higher and higher to get a higher,,c'' to maintain the bullish outlook.1,0029 broke and that was a key resistance.They could push it to 1,0082 and then 1,0029 is goona act like support for a higher high.I'm goona try to make a long entry at 1,0029 after trend pull's back on that support.
Edit:1,0082
Draw line from 186 thru 139 thru 63, if TL holds could be top of four>>>Now draw line on bottom from 9831 thru 9866, this bottom TL support could be the bottom of wave 5 99-9920. ???? Of course this is a bit sketchy but who knows.
Nice analogy comparing chart patterns to constellations. Ancient mariners navigated the globe using them and traders navigate the markets in a similar fashion! You don't mind if I borrow this do you? You come up with remarkably clever things!
Greg you unduly flatter me. And AYK flattery works so of course you may use it . I have not read this analogy elsewhere but I imagine others have thought the same thing.
Yes one perspective is using charts for price guidance like using stars for navigation on the high seas. Another perspective is that different people looking for patterns in price charts and constellations see different pictures. Both valid perspectives. Oddly I stink at these patterns although I enjoy aptitude test ones.
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