FX:EURUSD   Euro Fx/U.S. Dollar
99 30 1
Posting this just to show that EW works on ANY Time Frame!

Let's see if the analysis is correct!
the price flew from 79% fib level...i had my long from that 61.8 level! hohoo
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nezyrinfx nezyrinfx
sorry from 70% fib level
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I had my long from wave x on the chart there, but the quick up price movement threw me off as I was too focused on the option expiry today so closed a bit early.. have entered short side now.
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Move from 1.1114 to 1.1077 down came be viewed as wave A down, the quick retrace to 1.1110 as wave B as long as highs at 1.1115 hold
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nezyrinfx __SpecialFX__
EURUSD 4hr Gartley


might want to see this..i just shorted
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Nice Spot! I was looking for first targer 1.10 but will leave some open for the gartley. Thanks!
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nezyrinfx __SpecialFX__
i was looking at 1.10 too until i spotted this lol hehehe...
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Looks like wave C has completed at 1.1065.
Expecting a pull back and the second leg for a double correction
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nezyrinfx __SpecialFX__
let me guess...it will drop down from 1.11078
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would think a bit higher
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__SpecialFX__ PRO __SpecialFX__
reaction from 1.1070 calls for one more leg up
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nezyrinfx __SpecialFX__
i see it at 1.11078. lets see.
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that was too shallow of a pullback for wave x, which means my initial theory of the C being in place was probably incorrect
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nezyrinfx __SpecialFX__
hehe..i nvr knew abt this EW to be honest...ever since i start trading,ive only uses fibonacci and fell in love with it and strengthen it by adding harmonics into it :)
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Like you had said, all part of the same family
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nezyrinfx __SpecialFX__
indeed. :)
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nezyrinfx __SpecialFX__
passed 1.1065 already
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Looks like a pull back in C is in progress from 1.1025 lows. Will be looking to add to the short on this pull back if we see a nice ABC structure here
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nezyrinfx __SpecialFX__
which price you potentially see?
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nezyrinfx __SpecialFX__
so i can add more LOL!
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you know... we could potentiall be doing a triangle here
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__SpecialFX__ PRO __SpecialFX__
I've added to the short
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__SpecialFX__ PRO __SpecialFX__
I'm thinking this is a triangle within wave C. If it goes beyond 1.1052 the triangle is invalid
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Looks like it was a triangle within the substructure of C, either way, the correction is done.. back in C down
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Partial profit here at 1.10 and calling it a day. leaving a bit on for that potential gartley.
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nezyrinfx __SpecialFX__
took profit at 1.0980. im seeing another potential smaller gartley in 1hr TF.
snapshot
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I got out as well. Shorted a bit more on the flag @ 1.1010 holding for 1.0950 but right when it hit 1.0965 price started jumping higher with momentum, so covered around 1.0975/1.0980
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Still looking for one more leg on 1m to complete the entire down structure at around 1.0945
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nezyrinfx __SpecialFX__
it did not retrace and market is very slow today. most possibilities are going to fill that 4hr gartley which is also maybe in the PRZ of the C point of Bearish Butterfly. which also will commence the 3rd wave up and also completion of wave 2. am i correct with the wave count?
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It already retraced to 1.0986 which is enough for a new downside cycle to start. I'm watching a break of lows at 1.0940 which will confirm that the new cycle has started.
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