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
hehe 7pasos
..grax amigo ;) ...pero sabes - Who does not feel Elliott, never understand Prechter ;).
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?
hehe Anand Shah
....just because you can't see it, doesn't mean it isn't there.
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?
hehe Anand Shah
...hombre - theory and practice are two different things.
you making money with your stuff?
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out