ZigZag618

ZigZag618 Updated 

This is my primary count at the moment for EU. Idea is that we are currently in wave F of a diametric. Inside of that, we have completed a 3 wave A of a flat, currently in wave B, which is an expanding triangle. I expect a short wave C down once this triangle completes... My guess is the 1.078 area. Then we go UP for wave G. Let's see! Thanks for looking, and...

ZigZag618 Updated 

My previous idea was that we were possibly completing higher degree wave B or 2. While the reversal call was accurate so far, my primary count has now changed. I still think we are completing a higher degree wave B or 2. I just think we have one more move down before we complete it. Idea is that we are in an ABC flat for a wave B (higher degree). Once this...

ZigZag618 Updated 

Elliott wave idea is that we have completed a WXY complex 3 wave correction of the primary move up. The correction completed within the expected time, and almost reached the 0.5 retracement (B wave). Entry was done on H1 when we had Bulldiv and entered using the Miner TR-1BH method. Stop is below previous candle low. Risk 0.2% R 25.06 There is a fair chance...

ZigZag618 Updated 

This is based on NEO Wave rules. Primary waves: A was an ABC zig zag. B was a WXY double flat combination. C is turning into an ending diagonal move up in fve 3-wave moves to complete the flat. Let's see!

ZigZag618 Updated 

Count is: Completed 12345 larger degree A wave down. Completed lesser degree A wave up (Part of ABC flat?) Trade is to short the B wave down, and target (hopefully) between 80-100% of wave A. The safer, bigger trade will be to catch the C wave of the zig zag down.. First week or so of 2020. Let's see!

ZigZag618 Updated 

This is my primary HTF count for EURUSD. Following Neely's Elliott wave rules: - The impulse in wave A meets all impulse rules. - Wave A of the triangle is an elongated flat - Which Neely states is almost always an entire leg of a triangle. - I am watching for the C wave of the zig-zag to go to the top of the downtrend channel. This has confluence with 1.618...

ZigZag618

This is my primary count - We had a leading diagonal A wave and are now in a complex WXY correction. The Y wave we are in currently looks to be forming a flat but could also turn into a triangle. If we see support in the 7342 area, I will stay with this count and look for one more small move up to the top of the channel around 7670. I will short in that area to...

ZigZag618 Updated 

This count has EURUSD currently completing a B wave that is a double flat of lower degree. Expecting a minor bounce from the current area because this final C wave of wave Y should have 5 waves to be considered a flat. Guessing the pull back will stop somewhere in the 1.10365 area and then dump to finish the wave somewhere around 1.09905. No trade for me yet - I...

ZigZag618 Updated 

Idea is that wave 4 is completing and wave 5 is about to begin. We have surpassed the .236 retracement and the .382 has confluence with the major trend line from April of 2018. Price blew through that TL on the way up and this is the first major retest. I expect to see a good support there.

ZigZag618 Updated 

Possible expanding flat on this pair. Idea is that we are in wave C of an expanding flat, in B of one higher degree. Expecting a strong turn upward with beginning of C wave at the area of 1.100. Let's see what happens. I would love your feedback! Cleaner view without indicators:

ZigZag618

Idea is we are in a flat following a 5 wave leading diagonal. Longing the expected wave Y upward in primary wave X. Thanks for looking!

ZigZag618 Updated 

Idea is that we are working through wave D of a triangle. IF this count is correct, I am expecting a move soon up to the 1.232 range. Excellent R:R if we see the upturn in the area of the golden box (.618-.65 range of wave Y). That is also an area of support, so I expect to see some sort of bullish PA in that zone. Once Wave E completes, I expect price to...

ZigZag618 Updated 

Idea is that we are currently inside of a big flat inside of wave B. Expecting price to go up to area of 1.12481. Could see a pull back or reversal in the .618 area around 1.123. Shoot me your thoughts or even better - your alternate count! Thanks for looking.

ZigZag618

Idea is that we are completing the correction from the nice May impulse move up. I plan to enter around 0.00004370 with a relatively tight SL. Targeting the 1.414 extension area. With the nice move up in BTC right now, we just just see prices dip this low.. Thanks for looking!

ZigZag618

Idea is that we are about to begin wave 5 of wave C. Wave 4 appears to be a triangle that should break down around the .382 of the overall impulse wave 1 upward. We want to see a move below 0.03720 before we see a move back up above 0.03162. If it happens out of that order, this idea is invalidated. My entry is 0.03045 with a SL at 0.02945. My target is around...

ZigZag618

The USDJPY chart is a joy to put Elliott Wave trends to. The waves seem to respect fib levels well, and when we zoom out, the overall trend shows somewhat clear patterns. The idea is that the overall trend is bearish - We are in Wave B of a correction on the weekly chart, which is looking to be a possible contracting triangle. Within that triangle, price is...

ZigZag618

Idea is that we are working their way through a symmetrical triangle. We are completing wave B of D. I am expecting around a .5 fib retracement of sub wave A. This aligns nicely with a 1.618 fib extension of wave A also, meeting right at upper trend line. What do you think? This will be fun to watch play out!

ZigZag618 Updated 

This is a follow up trade from my previous wave 3 post. I believe we are just beginning wave 5. Target is the 1.0 extension of wave 1, which lands us just below the .0003285 major overhead resistance.