FX:CADJPY   Canadian Dollar/Japanese Yen
151 12 8
The Major Wave 3 was a normal wave so we should expect an extended 5th wave. which would extend 100% of the move from start of Major wave 1 to the end of Major Wave 3
hello
i'd like to ask you if you have analyzed also main wave 4 in details ,please.
i tried it several times but still ending in first third... then i am not able to find combination of patterns :)
thanks

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Ok lets zoom in at main Wave 4 and see what information the charts are giving us. Loading...
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OdoFx Vostiothenjo
much apprecaite your time and help. but unfortunately i dont see it in chart whn i zoom it
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No problem my brother.
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Vostiothenjo Vostiothenjo
snapshot
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Vostiothenjo Vostiothenjo
We are in the initial stages of an extended wave 5 which will travel 100% of the move from start of wave 1 to end of wave 3. having your stops above end of corrective wave 4 and your take profit at 100% extension of this would be an excellent trade setup. It is this big trades that builds our accounts.
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OdoFx Vostiothenjo
thanks a lot. you opened my eyes. i was still looking for ZZ's in descendending triangle :)
thanks once again!
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OdoFx OdoFx
ascending
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Cheerz we are here for u...
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OdoFx Vostiothenjo
hello,
i'd like to ask you one question more please. is it possible the wave4 is developing into much more complex wave such as flat/any three (right now) / triangle.
f.e. smilar to this? http://www.elliottwave.net/educational/basictenets/basics_images/fig_20.gif
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