Trading_an_Edge
Short

Bearish Elliott waves structure on NZD/JPY

FX:NZDJPY   New Zealand Dollar/Japanese Yen
224 4 1
Emerging Bat pattern combined with an Elliott waves structure,
Anticipating a wave "C" with target @ the "D" point of the Bat pattern ( 0.886 retracement )

Risk: 0,5%
Reward: 4.88%
R/R: 9.75
Sandeep_Gupta
2 years ago
How would we know the wave B ended?
Reply
Trading_an_Edge Sandeep_Gupta
2 years ago
I don't know, SL above wave 5, if that happen, the count will be invalid.
Reply
william.whitley.10 Trading_an_Edge
2 years ago
Isnt there a smaller pattern(Gartley?) that just completed?
X-87.5
A-86.5
B-87.2
C-86.67
Reply
jonatsgonats
2 years ago
Not yet... need s&p climax first
Reply
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