GBPJPY 4hr chart
Elliot wave count
Flash crash could be an expanded wave B
Final target is still 110
Bulls(89) vs Bears(233) follow prime number cycles just as Cicadas(17) vs Wasps(5)
Follow moving averages cross EMA(89) vs EMA(233)
The price is usually topped by perfect square number time cycle
In this chart 81 (9x9) period time gives the tops for selling using normalized price, so Stoch(81)
Wait for Stoch(81) indicator to go up to 90 or above for a good selling position
Elliot wave count
Flash crash could be an expanded wave B
Final target is still 110
Bulls(89) vs Bears(233) follow prime number cycles just as Cicadas(17) vs Wasps(5)
Follow moving averages cross EMA(89) vs EMA(233)
The price is usually topped by perfect square number time cycle
In this chart 81 (9x9) period time gives the tops for selling using normalized price, so Stoch(81)
Wait for Stoch(81) indicator to go up to 90 or above for a good selling position