EWA-tokyo

EWA-tokyo

This is my Elliott wave idea about USDJPY, 12hr. I think USDJPY is wave iv (Orange) on Impulse. The sub-wave of wave iv is probably "Expanded Flat". The wave C of "Expanded Flat" tends to extend 1.618 times wave A. And this Area overlaps with Fibonacci 38.2% of wave iii (Orange). If the assumption is correct, The sub-wave C (Black) will grow to the levels of...

EWA-tokyo

This is my Elliott wave idea about USDJPY, 1Day. Now, USDJPY is wave C on Zigzag A-B-C. and We are in sub-wave (3) (Red) of wave C. The sub-wave (Green) of sub-Wave (3) is most likely an Impulse pattern. The sub-wave (Green) completed Wave 1 and 2. We are in sub-wave 3. The sub-wave (Orange) of sub-Wave 3 (Green) is also most likely an Impulse pattern. The...

EWA-tokyo

■Outlook of XAUUSD on 1-week chart. The sub-wave(Orange) of wave iv(Green) is probably "Bottom flat descending Triangle". Last week, The sub-wave D shown by the Orange line was completed. Now, I think that we are on sub-wave E shown by the Orange line. Wave iv(Green) will change to wave v, after the sub-wave E is complete. After, I think wave v (Green) will...

EWA-tokyo

■Outlook of XAUUSD on 1-month chart. We are in sub-wave 5(Red) of wave Ⅴ (Black). and, Sub-wave of wave 5(Red) is shown by Blue-line. The Wave shown by Blue-line is probably an impulse. I think the third wave of this impulse will be extended. next, Sub-wave of wave (iii)(Blue) is shown by Green-line. This Sub-wave is also an impulse. I think the Fifth wave of this...

EWA-tokyo

■Overview of DJI on 6-month chart. Now We are in sub-wave Ⅴ (Red) of wave (Ⅲ) (Black). Sub wave of wave (Ⅲ) is the Third wave extension of the Fifth wave extension. The wave is touching some acceleration channels, In the near future the wave (Ⅲ) will be complete and the trend will switch. When wave (Ⅲ) is complete, the trend will switch to a down-trend. Next is...

EWA-tokyo

This is my Elliott wave idea about EURUSD. An overview of EURUSD on 1-month chart. I think the wave shown by the blue line is probably a WXY correction wave (Double zigzag). Double Zigzag is a 3 wave structure but wave X connect first Zigzag (A-B-C) and second Zigzag (A-B-C). so, first Zigzag is W wave, second Zigzag is Y wave. Check out the chart, The sub-wave...

EWA-tokyo

This is my Elliott wave idea about EURUSD. This time, I readjusted the wave counts of my idea published on 23rd Nov. We are in sub-wave (1) (Red) of wave 3 (Black). Sub-wave (1) looks like to have set up an impulse wave (1-2-3-4-5). Now we are in sub-wave 2 (Blue) of wave (1) (Red). Soon the wave 2 (Blue) will be completed and the wave 3 (Blue) will start. If...

EWA-tokyo

*Main Scenario USDJPY, 1Weekly I think that Wave B (Black) was completed and Wave C (Black) started. Now, sub-wave 1 (Blue) of Wave C (Black) was completed, sub-wave 2 (Blue) started. Wave B (Black) is not most likely a triangle pattern. Because the endpoint of wave Z (Red) was passed the endpoint of wave Y (Red). Thus,...

EWA-tokyo

This is my Elliott wave idea about DJI. This idea is the same as the one published on 6th Nov. Now We are in sub-wave C (Blue) of wave Y (Black). Wave Y's formation is a Regular flat. Sub-wave C (Blue) in wave Y will end soon and switched to a new downtrend. Weekly...

EWA-tokyo

This is my Elliott wave idea about EURUSD. I think that we are in sub-wave (1) (Red) of wave 3 (Black). Wave C(Black) was completed and definitely switched to a new Uptrend. If the assumption is correct, The wave (1) (Red) will grow to the levels of 1.1261-1.1300 After wave (1) (Red) retrace, wave (3) (Red) will grow in the trend direction. In this scenario, the...

EWA-tokyo

This is my Elliott wave idea about DJI. Now We are in sub-wave B (Green) of wave 4 (Red). Soon the sub-wave B (Green) will be complete and the sub-wave C(Green) will start. If the assumption is correct, The sub-wave C (Green) will grow to the levels of 20,000-15,000. In this scenario, the stop loss level is 28,500. DJI, 1Day...

EWA-tokyo

I think that the Wave C (Orange) was finished and the Wave (2) (Blue) was completed. Probably the Wave 3 (Blue) started. USDJPY 4hour chart Next, let's see the JPY currency index(JXY). JXY looks like to have set up an impulse wave (Blue). I think that USDJPY will link with JXY, occur to impulse wave. (JXY) 1Week...

EWA-tokyo

This is my Elliott wave idea about EURUSD. Now We are in sub-wave (5) (Red) of wave 1 (Black). Soon the wave 1 (Black) will be completed and the wave 2(Black) will start. If the assumption is correct, The wave 1 will grow to the levels of 1.121-1.130. In this scenario, the stop loss level is 1.107 Weekly chart 1Day...

EWA-tokyo

This is my Elliott wave idea about EURUSD. I thought the last wave of the Downtrend would occur. Last time idea (5th Oct) But I think the wave C(Black) was completed and switched to a new Uptrend. I think We are in sub-wave (3) (Red) of wave 1 (Black). Wave 1(Black) is probably 5...

EWA-tokyo

This is my Elliott wave idea about USDJPY on the 1h chart. Now We are in Sub-wave (iv) (Black) of Wave C (Orange). I think that Sub-wave (iv) is Zigzag (a-b-c). After Wave (iv) will retrace 38.2% of Wave (iii), Wave (v) will start. Weekly chart Daily chart

EWA-tokyo

This is my Elliott wave idea about USDJPY. We are in sub-wave (2) (Blue) of wave C(Red). Sub-wave (2) is a corrective wave(a-b-c). Soon, sub-wave (c) (Orange) of wave (2) will start. I think USDJPY sub-wave(c) will rising linked to EURUSD sub-Wave 5. Outlook for EURUSD, Elliott wave analysis,...

EWA-tokyo

This is my Elliott wave idea about EURUSD. I think that we are in "sub-wave 5(Blue)" of "wave 5" shown in the Redline. When the sub-wave5 shown by the blue line is complete, the wave C shown by the black line will be completed. After wave C is complete, the trend will switch to an uptrend. 4hours chart If the assumption is...

EWA-tokyo

This is my Elliott wave idea about USDJPY. Check the chart below as references for my idea. 4hour chart 1hour chart