Thread: Elliot Wave Analysis

The True outlook for the EURUSD of This ELWAVE platform.

Originally Posted by ;

will place a chart as soon as I get to my terminal.

Hi,
Would you discuss very short term opinion on Gold and Oil too? I missed the move and looking for an entrance.
Thanks

Originally Posted by ;

The True outlook for the EURUSD of the ELWAVE platform. Sixer image

that's definitely my alternate count. Didnt post it as it might be confusing for most. Thank you for the chart.

Originally Posted by ;

quote Hello, Can you share very short term view on Gold and Oil too? I missed the move and looking for an entrance. Thanks

oil brief term is from post 203 and 213. Kindly check out that.

Gold is on pole 222. No alterations to that count so far.

Very short term I am targeting 61.70 on oil

Originally Posted by ;

USD/CAD short term. Inside this pair, I think we are on a 4th little wave down.it should begin it's 5th wave up very soon. The invalidation with this minor wave is 1.2755 because this will cross minor wave 1. The retracement has done a 61.8 so I am hoping to get a rally soon within this pair. My count is wrong. image

Is the USDCAD count still valid?

Originally Posted by ;

quote Is your USDCAD count still legitimate?

Direction is the same but a revised count. The retracement for an abc seems not over yet.

Hello, StringFX

So are we in the 5th wave of big correction, but short term we anticipate up move? Something like the line?



Something like this?



If so, should I buy for the pull back or await a heavy short after breaking the top of those abc consolidation?

Originally Posted by ;

Hello, StringFX So are we in the 5th wave of big correction, but short term we expect up proceed? Something like the line? image Something like this? image If so, if I buy for the pull back or wait for a heavy short after breaking up the very top of these abc consolidation? image

Iam not likely give you any trade advise buddy because its your money at stake. Is what I do with my account and my opinion is buy usdcad. Iam upto my brim on buying this pair. My last chart comes with an line for my buys. In case it tumbles a couple of pips below online, iam out of this pair with a huge loss of 10% of my live account. My expectations on this pair is really a wave 3 up. Not banking on cad weakness however usd strength. Trade safe.

Originally Posted by ;

quote Iam not likely give you some trade counsel buddy because its your cash at stake. Is what I do with my account and my view would be buy usdcad. Iam upto my brim on buying this pair. My chart comes with an invalidation lineup for my buys. In case it tumbles a couple of pips below online, iam from the pair with a loss of 10 percent of my live account. My expectations on this particular pair is really a wave 3 up. Not banking on cad weakness however usd strength. Trade safe.

Correct, and that I agree with buy for now, if goes for 3rd wave, blessed me and that I keep the buy

Incidentally, can you share your view on GBPUSD also? Is it making a flag for SELL?

Originally Posted by ;

quote Correct, and I agree with buy for the time being, if goes for 3rd wave, blessed me and I keep the buy By the way, can you share your view on GBPUSD also? Is it making a flag for SELL?

Iam not at home so cant post a chart. But yes it resembles a flag to get selling. Draw an station and sell as soon as it breaks below the station on 1 hour.