Hi Guys , please click on the chart tagged to see all the previous updates on this chart. I am expecting more upside to complete the 5th wave in an expanding ending diagonal ( yes one more never-ending diagonal ). If you didn't catch any of the up move don't worr, the trade you don't want to miss is the sell !! I will be posting updates as we go. Buying on pullback on 60 mins is a good idea. I will look at the this in details tomorrow.
Trade with care Thank you for your support.
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60 min view
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we will see very soon, if the DXY turns down from top of pattern then NZDUSD one more up.
i'm new to wave analysis, and i started following you from last week, i must say your all previous published ideas are gem of knowledge. I'm studying robert prechter's book on elliot wave principle and your previous ideas for better understanding of wave analysis. I wanna say thank you on behalf of all newbies who are new to this concept.:)
mlbo
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+1 :)
lemezohaib
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mlbo
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unfortunately this is not educational enough for me.
all this inside the two lines looks corrective, e.g. because of missing strong impulse. ok.
but what makes you so sure that after we have reached the (3) are not finished with the correction?
i could come up with the idea that the wave from point (3) to (4) is the first step o fthe downmove and that we are right now in a little abc correction that now is ended lovely right at the 0.618 fib retracement of (B)-(C) and we are doing down?
at that point i am stuck.
thnaks for your help. maybe answer tomorrow in the webinar?
anilmangal
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The educational course is 6 weeks long and lifetime access to the group to master it , you don't think you can get all that from one post?
XIXtaj
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Where can I get more info about this course with you Anil?? I'm interested about it!
anilmangal
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Add me to skype : mangal457
Kumail
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I'm quite confused about this pair. In your latest webinar, and in your latest update, you mention it is heading down, and anticipate a big move down (naturally we have to watch it after it breaks the structure lines). However, in your initial post at the top, you were expecting it to be in Wave 5, which would indicate a big move up? And you said you were buying any pullback.
Has this view changed then?
Kumail
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Also because you mention in the latest update, that if it breaks the trendline up (which it has), then anticipate a deeper correction - which would mean you're expecting more downside after the completion of the correction?...
Thanks, just learning! Appreciate what you share with us :)
denjes12
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Hi Anil! Thanks for your update! Ive been following you now and become a great fan! Some of your charts are really an eyeopener!! Question...Why is the 3rth wave so extended in stead of the first touch at the resistance line? My 3rth wave is shorter?