sharp breaks of the fibo at this time in the morning indicating a long for me. Should have moved my entry to the fibo but I'm still learning this system
A clean break strong break and somewhat waves down to the downside is a short for me. Got in before 10am because which wasn't my usual entry time
Closed below the fibo.. didn't panic and traded from the fibo rather than placing and order at market value
Impulsive waves long continuation from yesterday and closed above fibo 10am
Corrective nature short indicating it's still a long potentially. Much prefer sitting on a long give the look of the structure. closed slightly above the fibo at 10m
NIce impulsive waves breaking the fibo. Either the start of an ABC or 1,2,3. Keeping an eye on data vs other providers as OANDA's is way off compared to other sources today.
It follows all my rules for a short and price action is more in line with what I would say is a B or wave 4 of an impulse. A double touch and resistance of the fibo give some what of confidence to enter. However in the last week this type of trade has not performed.
Strong impulse long and there are 5 clear waves the previous day indicating a long
broke through the fibo but then closed below at 10am. Looks like a short to me
Clean brake of the fibo and below the below support. Got in at market value
An ABC long, riding wave 3 of wave C. I got stop out badly shorting this pair over the news however it does look like a long now with this analysis
An ABC short riding wave C. The reaction bounce is off the 50% fibonacci line. It's not exactly clear but I can't count any waves in the previous move to the 50% which indicates to me it's corrective or manipulation. It's hard to see past the move but I'm trying to trade only on what I see. The big moves always catch me out and I completely overlook that there are...
Trading wave 5 of 1,2,3,4,5. Referencing guideline of alternation, as wave 2 only retraces 38% this usually means wave 4 will retrace 61% and will extend 100% of wave 3 which is what my analysis has provided me.
Either an ABC flat or the start of an impulsive of 1,2,3,4,5. Both scenarios take me to my target however this looks more like an ABC flat due to the complexities of the start of the wave it's not very clean to be a 1,2,3,4,5 impulsive more corrective in it's nature.
An ABC ZigZag with analysis on 15TF showing impulsive waves
Either an ABC extension to 1.161% or impulsive 1,2,3,4,5 waves it's hard to identify. Usually EURCHF doesn't contain much Elliot Wave principles therefore I don't trade it much. However, on 15 min time frame I can count 1,2,3,4,5 waves offering up the idea this is now impulsive from the 78% fibonacci. As it's reacted of 78% fibonacci and a deep retracement it...