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.
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.
Do you use Neely's methodology?
I've been getting coaching from Tim West and he uses that method. Haven't tackled it myself though.
Any good books on Neely that you can recommend?
Also, is there anything with this chart that Neely's methodology shows differently?
Thanks
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