hehe

$USDJPY - ENDING DIAGONAL

FX:USDJPY   U.S. Dollar / Japanese Yen
1478 7 8
In my opinion - after the end of the third wave and correction - we'll see a continuation of growth on this pair. Is Japan will win the currency war - chart for now it confirms.
I do not have a ending diagonal upthere but the problem do not seem the shape to me. If you are right we should see a fast drop. Good look
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hehe 7pasos
..grax amigo ;) ...pero sabes - Who does not feel Elliott, never understand Prechter ;).
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problem with this analysis is that your red 'diagonal' is not taking the form of a triangle so how can it be a diagonal? if anything it looks more like a channel .. if this is the case and we assume your labelling is correct .. the 5th (orange numbering) of 5th (green) the 3rd (blue) wave in this channel could be huge .. and possible result in an 'overthrow' of the upper channel ... which would mean your corrrection could take place a lot higher up than where your dotted line suggests? also do you not use fibonacci to map out possible levels?
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hehe Anand Shah
....just because you can't see it, doesn't mean it isn't there.
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dude .. a diagonal by definition needs to have an apex ... i see your lines slightly angle towards each other but at those angles the apex would be at usdjpy 300 .. put simply i dont think anyone would think its a diagonal!

perhaps some sort of wedge or just a channel ..

do you do alternate counts?
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hehe Anand Shah
...hombre - theory and practice are two different things.
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you making money with your stuff?
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