my elliot wave count shows that the correction are now ended.
the abc correction can be clearly seen on the smaller degree of wave.
the correction of wave can be wave 2 and also can be wave b of the 3 wave cycle.
my decision was made on the analysis is due to the structure clue.the clue that the correction was ...
my wave count on eurusd daily swing.
the price are now in correction.the wave pattern seems to complete its end of c wave correction in smaller degree.
the target wave can be the wave 3 and can also be a wave C in higher degree of wave.
my other clue that strength my decision is the diversion that formed to the ...
let's see where the price go next week
with base to my wave count. i found the price are in expanding diagonal corrective pattern.
let's see weather the price going to break out lower or rebounce moving upward direction.
the possibility for the price to go down also have.i prefer to buy for short term.
the divergence on the stochastic strengthened my decision to go long.
the exhausted candlestick on the correction.
the structure on chart shows that the price are retesting on the support and resistance.
my analysis for learning ...
my forex analysis of elliot wave shows that the wave are in wave 4 for degree of 240.it heading to wave 5 to complete the impulsive wave in higher degree.
the candlestick on 240 indicate that the candle are exhausted and will go up if the buyers keep pushing the price.
the stochastic shows that the price are ...
my forex analysis on eurjpy shows that, the price are rejecting to break the lower channel trendline.
my wave count shows that the impulsive wave are ended at the lower channel trendline.
the candlestick indicates that the trend reversal on the lower channel trendline and end of impulsive wave.
my target profit ...
i found bullish head and shoulder pattern on nzdusd.
my wave count on higher degree shows that the wave are in wave 2 correction.while in smaller degree of wave.the
double zigzag correction was completed.the price failed to find its lower low and break it previous high make my justification on the trend ...