Thread: Elliot Wave Analysis

Stringfx Please note screenshot with Symbol,Time frame. I expect it wont be that much harder. And your and @sixer predictions being largely good like me

PS: I don't understand how to tag consumer within this. Anyone can guide me?

Originally Posted by ;

Stringfx Please post screenshot with Symbol,Time frame. I expect it will be that much tougher. Along with your and @sixer forecasts being largely good like me PS: I do not know how to tag consumer within this. Anyone can guide me?

WOW! You are a 2009 associate offorexintuitiveand you've got 5 articles.

Usually if you read the contents of the chart posted, you may easily know the pair I am discussing. I post charts of daily or hourly.

Viewing label, if you mean subscribe to a consumer, click on the image of the consumer, then there's a subscribe button, thenclick that.

eur/usd 1 hour chart.

Eurusd has seemingly completed 3rd wave and it's on the 4th wave that will visit 1.2347 (38.2) go to 5th wave down that can be coinciding with the adr low for the afternoon. 1.2238 is the target for the 5th wave. Hopefully the afternoon will does it.

Stringfx,
Thanks for you posts, they all are great learning material.
You may also post if you have GBPUSD chart easily offered.
Regards,

GBPUSD Daily/weekly (not quite confident on the count so I will not be investing in this pair on reside). This is my two cent view.

On a weekly timeframe we seem to be on the 4th wave. I am not positive if it is finished or not although it appears complete. We could be on the start of a fifth wave. My 1st chart shows the daily count. The chart is an hourly chart which shows an impulse wave.
I am expecting a wave 3 down to 1.3911 on hourly chart provided that major wave 4 is over. Otherwise it'll rise again to 61.8 on the weekly chart.

marketed oil and it reached 50% Nominal.

dxy has broken loose to the top. 90.01 is the next goal. It's broken yesterdays high. average daily range high is 90.10. I expect it breaks 90.85 by tomorrow

Originally Posted by ;

quote Stringfx, thanks for providing the chart. But in the daily chart, 4th wave is over as it'd turned back just below the invalidation point, and now it's going down in third tide (hourly chart). Additionally, it's matching with the expected upward correction of index. Best Wishes,

Yes . . That is what I think also but you can not say... after the 50% it has not touched the 61.8, it could just bounce up with some fundamental news to contact 61.8 and mind you, 61.8 is also below the invalidation line. So I will not be touching this pair in my live account unless there is a substantial move down. The channel break is important for me.

Originally Posted by ;

oil targets 1 hr. And also stop loss image

Hello stringfx,
Your chart for 1HR, OIL, for me 3rd wave and 4th waves are not so simple to understand. Probably it takes some time and need more training.

Also, if you have a look at GOLD, it is really tough for me to indie the waves in all time frames.

Thank you for your service.

Gold a weekly count is really on a choppy correction of major ABC (ideally). A wave full with 5 waves up and then b wave using a 3 wave down and now C wave in advance using the enlarging diagonal ( 5 waves). I'm awaiting this correction for over to get a major sell on gold.