FX:EURUSD   Euro Fx/U.S. Dollar
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A single Trend continuation Triangle Pattern Forms in four different formations. Please look at the chart for Further details.
Comment: I wish to point out to everyone that the material presented I this publication is not my original work. I have copied extensively from - http://www.forexfactory.com/attachment.php?attachmentid=1878646&d=1457787841.

I did not make this clear at the time of the publication and recognise that this is in breach of the House Rule and lacking courtesy to the give credit to the original author / source. I apologise for this to all and Tradingview.
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WOW you are the great teacher !!!! awesome
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I hope this educational post will help most of people and will guide them during identification process. Good Luck mate.
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forexyoga Wave-Trader
yes , please group your all educational post to one group or category if possible. Then anyone can easily assess it.
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you can find a free book on elliot wave ;)
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forexyoga wonkytonkydonky
It is more elaborated and anybody can easily understand than a classical book
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Exactly it is more easy and elaborated. Even people read books and understand what they have red but when they come to the live market they are unable to identify these patterns. I think this will help many of them.
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VittorioJoosten PRO wonkytonkydonky
Good luck with that...
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Wave-Trader TOP VittorioJoosten
Thanks
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Sure I will try my best mate
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pring Wave-Trader
Yes, it is a very good idea. Try to group your all educational post in a category is a very good idea because your work is very useful and excellent ! I like guy like you ! Learning to people is a great job
and you make this job very well. But i think that a good book is very useful to : Nison , Elder, Murphy, Pring are very important for learning trading. It's complementary... (excuse me coz i dun pratice very well
Shakespeare's language) Cheers Mate
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I will try my best.
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arshadd Wave-Trader
Great educational post..it is far better the the book
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I hope it will work for all of you mate.
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very nicely presented
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Thank you very much Sir,
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very good guide
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Wave-Trader TOP jashish9999
Thanks
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Great work as always, I would suggest to add broadening top triangle, (Top broadening, bottom flat, which is more likely to reflect the gold market since march.
Thanks for the great efforts
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Yes that is also trend continuation pattern mate.
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gcplau PRO Wave-Trader
As said, Top Broadeniing is not a trend continuation my friend.... pls. google it. May be it's the ending diagonal corrective that happens to be one of the corrective traingles that's broadening. That's why without context, a zoom in or partial of the information is mis-leading. I guess one of the key knowledge in identifying Waves is to look inside the wave structure count. A single corrective triangle 33333 requires context, isn't it?
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Pls. ignore if it's not constructive enough, and apologize for the tone if it ever being misunderstood as offensive.
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in wich time frame you are mentioning these elliot waves???
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THey form on all time frames mate normally you will see after impulse.
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Excellent work. Thanks
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My pleasure mate
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So, the only thing that matters is the entry direction, all else is equal?
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Wave-Trader TOP Efficient-market
Thats correct mate
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I have issue w/ your broadening wedge/triangle...most of the pattern education says it's a trend reversal pattern. Pls. clarify. Personally, I saw over 70~80% accuracy broadening happen at market top is quite a firm sign for reversal drop.
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There is no broadening wedge mate in this post. You need to understand first mate which pattern is reversal and which is trend continuation
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gcplau PRO Wave-Trader
Well...I don't see the context in the graphic visual... whether the pattern is a Minor in the middle of corrective, or it's the last corrective at wave ends, result will be quite different. If there is no context, assessment is far less complete and action taken may be flawed. Without context..the last one looks very much a horizontal, symmetric broadening to me... That's why, without context or level indication ... which level at which part of a structure, purely looking at the above will lead to incomplete assessment and likely lower probability decision. BTW, I guess you surely knows these wedge/triangle/broadening easily get mutate, and judgement should be made on broader context. As much as a lot of trade idea display 60/240 chart, the judgement and decision is based on weekly/daily which is the source and essence of context. As in the illustration, the context is minimal and thus not much decision can be made upon it.
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Pls. ignore if it's not constructive enough, and apologize for the tone if it ever being felt offensive.
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mark:)
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Cheers
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excellent post. God bless you !
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Thanks.
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This is a great reference. Thanks for making it!
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Wave-Trader TOP JonnyGinese
My pleasure mate.
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So according to this... If the overall market is bull or bear, it will continue that direction after stalling for 5 bounces.
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Wave-Trader TOP JonnyGinese
This is a single example of trend continuation patterns mate there are many others as well which you need to know.
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I wish I could download this some how.
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Save its picture mate this gonna help you mate.
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Nice summary - thanks WT
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Wave-Trader TOP dionvuletich
My pleasure mate
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I read your charts on a regular basis and enjoy them. Your education contributions are thoughtful and well done. Thank you. Don.
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My pleasure mate and thank you very much for your support
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Thank you very much for educational post
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you are most welcome mate.
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So in practice, are we trading within the cielings and floors, are we looking for a breakout of some sort?
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There is no construction work is going on in this market my friend market move in waves and those waves form patterns not houses or floors or ceilings my friend
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how find direction if trend suddenly move up by high impact news
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Understand what is impulse and what is correction mate then its gonna be easy for you to understand market direction
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A massive thank you t, much appreciated
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My pleasure and Thank you very much for your feedback sir.
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you are the great teacher!!! I follow Please continue.tks~
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I will try my best cheers.
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nice chart!
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Thanks.
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I really like this post. Very helpful. Thanks for posting.
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Excellent Bro...Thanks for this awesome stuff...learned a Lot.
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