pinTEK
Short

EUR/USD - Elliott wave count

FX:EURUSD   Euro / U.S. Dollar
In the last few weeks EURUSD             has been undergoing a complex triple zig-zag correction for wave 4 on the larger degree.
Looking for a 5 wave sequence up to complete the Triple Wave C early next week. Then the larger move down can begin.

Current position - moved from short to long late day Friday, in anticipation for wave C. Once completed, will move back short.
Minor correction to my chart. My dark blue minor 3 and 4 are miss labeled. That would be the 3 - 4 of that 3 - 4. Which means the (dark blue) minor 3 and 4 would move over a wave and would be considered a failure of that sequence. All other labeling would remain the same.
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OK, fair enough. Thanks
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Seems like a viable scenario.
Do you use Neely's methodology?
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DanV MOD IvanLabrie
Ivan Hi. Not sure you are asking me or the or PinTek. I think there are some value, but I personally found it very hard going in Neely's book. So I don't specifically. May be sometime I will re-attempt a read. Perhaps PinTek could chime in here and offer his comment.
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I was referring to pintek.
I've been getting coaching from Tim West and he uses that method. Haven't tackled it myself though.
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DanV MOD IvanLabrie
Ahh, OK.
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pinTEK PRO IvanLabrie
No I am not familiar with Neely's methodology, but will look more into it. :)
Any good books on Neely that you can recommend?

Also, is there anything with this chart that Neely's methodology shows differently?
Thanks
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I'm in no position top answer. Tim had a chat room here, covering EW. pay him a visit...
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Hey DanV,
I don't see any way (without breaking Elliott rules) to get to an already completed wave 5. Can you give me your sub count from major wave 4 to wave 5? Would love to see your perspective.

Thanks
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Sure. Here is 4h chart with the details. If wrong then we could have new low but close to bottoming.
snapshot
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