FX:EURUSD   Euro Fx/U.S. Dollar
5983 59 210
3 months ago
A single Trend continuation Triangle Pattern Forms in four different formations. Please look at the chart for Further details.
2 months ago
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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forexyoga PRO
3 months ago
WOW you are the great teacher !!!! awesome
+2 Reply
Wave-Trader TOP forexyoga
3 months ago
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 PRO Wave-Trader
3 months ago
yes , please group your all educational post to one group or category if possible. Then anyone can easily assess it.
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wonkytonkydonky forexyoga
3 months ago
you can find a free book on elliot wave ;)
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forexyoga PRO wonkytonkydonky
3 months ago
It is more elaborated and anybody can easily understand than a classical book
+1 Reply
Wave-Trader TOP forexyoga
3 months ago
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
3 months ago
Good luck with that...
+1 Reply
Wave-Trader TOP VittorioJoosten
3 months ago
Thanks
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Wave-Trader TOP forexyoga
3 months ago
Sure I will try my best mate
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pring Wave-Trader
3 months ago
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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Wave-Trader TOP pring
3 months ago
I will try my best.
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arshadd Wave-Trader
3 months ago
Great educational post..it is far better the the book
+1 Reply
Wave-Trader TOP arshadd
3 months ago
I hope it will work for all of you mate.
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ianpatton
3 months ago
very nicely presented
+1 Reply
Wave-Trader TOP ianpatton
3 months ago
Thank you very much Sir,
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jashish9999
3 months ago
very good guide
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Wave-Trader TOP jashish9999
3 months ago
Thanks
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saif12 PRO
3 months ago
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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Wave-Trader TOP saif12
3 months ago
Yes that is also trend continuation pattern mate.
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gcplau Wave-Trader
3 months ago
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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gcplau gcplau
3 months ago
Pls. ignore if it's not constructive enough, and apologize for the tone if it ever being misunderstood as offensive.
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adwattoo
3 months ago
in wich time frame you are mentioning these elliot waves???
+1 Reply
Wave-Trader TOP adwattoo
3 months ago
THey form on all time frames mate normally you will see after impulse.
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fensydyl
3 months ago
Excellent work. Thanks
+1 Reply
Wave-Trader TOP fensydyl
3 months ago
My pleasure mate
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Efficient-market
3 months ago
So, the only thing that matters is the entry direction, all else is equal?
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Wave-Trader TOP Efficient-market
3 months ago
Thats correct mate
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gcplau
3 months ago
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.
+2 Reply
Wave-Trader TOP gcplau
3 months ago
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 Wave-Trader
3 months ago
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.
+1 Reply
gcplau gcplau
3 months ago
Pls. ignore if it's not constructive enough, and apologize for the tone if it ever being felt offensive.
Reply
T.M.
3 months ago
mark:)
+1 Reply
Wave-Trader TOP T.M.
3 months ago
Cheers
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r.seelan
3 months ago
excellent post. God bless you !
+1 Reply
Wave-Trader TOP r.seelan
3 months ago
Thanks.
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JonnyGinese
3 months ago
This is a great reference. Thanks for making it!
+1 Reply
Wave-Trader TOP JonnyGinese
3 months ago
My pleasure mate.
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JonnyGinese
3 months ago
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
3 months ago
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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MikePips
3 months ago
I wish I could download this some how.
+1 Reply
Wave-Trader TOP MikePips
3 months ago
Save its picture mate this gonna help you mate.
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dionvuletich
3 months ago
Nice summary - thanks WT
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Wave-Trader TOP dionvuletich
3 months ago
My pleasure mate
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649bruno
3 months ago
I read your charts on a regular basis and enjoy them. Your education contributions are thoughtful and well done. Thank you. Don.
+1 Reply
Wave-Trader TOP 649bruno
3 months ago
My pleasure mate and thank you very much for your support
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fxdemy
3 months ago
Thank you very much for educational post
+1 Reply
Wave-Trader TOP fxdemy
3 months ago
you are most welcome mate.
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epsion22
3 months ago
So in practice, are we trading within the cielings and floors, are we looking for a breakout of some sort?
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Wave-Trader TOP epsion22
3 months ago
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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faze123
3 months ago
how find direction if trend suddenly move up by high impact news
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Wave-Trader TOP faze123
3 months ago
Understand what is impulse and what is correction mate then its gonna be easy for you to understand market direction
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Peterjgq
3 months ago
A massive thank you t, much appreciated
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Wave-Trader TOP Peterjgq
3 months ago
My pleasure and Thank you very much for your feedback sir.
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GangMo PRO
3 months ago
you are the great teacher!!! I follow Please continue.tks~
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Wave-Trader TOP GangMo
3 months ago
I will try my best cheers.
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Walentine
3 months ago
nice chart!
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Wave-Trader TOP Walentine
3 months ago
Thanks.
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fstrader1 PRO
3 months ago
I really like this post. Very helpful. Thanks for posting.
Reply
piptamil
2 months ago
Excellent Bro...Thanks for this awesome stuff...learned a Lot.
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