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UnknownUnicorn58434
Sep 1, 2014 11:09 AM

Bearish Elliott waves structure on NZD/JPY Short

New Zealand Dollar/Japanese YenFXCM

Description

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
Comments
jonatsgonats
Not yet... need s&p climax first
Sandeep_Gupta
How would we know the wave B ended?
UnknownUnicorn58434
I don't know, SL above wave 5, if that happen, the count will be invalid.
william.whitley.10
Isnt there a smaller pattern(Gartley?) that just completed?
X-87.5
A-86.5
B-87.2
C-86.67
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