AUDJPY -Count, Character, Entry and stop

FX:AUDJPY   Australian Dollar / Japanese Yen
400 17 13
please see chart, this count is refined to the 1hr tf
Comment: typo: count invalid above 86.466 (wave 1 bottom) not 84.052
Trade closed: stop reached
what do you think on this as a possible entry on breakout?

hi, i have similar view, lets wait and see
NidalDarawsheh NidalDarawsheh
Here is how I see this one now. Still not in the trade, just observing and waiting for it get in tune with my projected structure (or not), but if we get a a-b-c here I will probably try to long it at around 83 or just below, depending on where c ends. Bedtime for me now, so will see where it is in the morning...

The only think I see against this count is that what I have as end of 2 (and explicitly start of 3) of C is tiny 0.2 pips below start of 1 of C, and explicitly end of B, and thereby would fall for the invalidation rule... requiring a different count, but it just that I currently don't see any other logical count at this moment, other than the spike down on Nov 9 would be wave 2 in such case.
@schakim, hi, can you post a chart please, by the way my entry is 84.02, looks like i entered 84.2 in the position tool by mistake, lets see how this unfold
+1 Reply
schakim NidalDarawsheh
@NidalDarawsheh, not sure how this worked out, as I have never published a TW chart before, and if this is what you asked for, but a try...
schakim NidalDarawsheh
@NidalDarawsheh, and that spike is kinda disturbing in some way as it sort of "puncture" the whole picture. Not sure really if it IS part of the EW picture/structure as I doubt that kinda "noise" didn't exist at the time when Elliot put it together...
@schakim, i understand what you mean, the blue lines marking abc were placed roughly to mark the correction structure, what you marked 2 is actually my B, i see it as adouble zegzag, give me few minutes i'll publish a chart with notes, cheers
NidalDarawsheh NidalDarawsheh
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out