chart
https://www.cliqforex.com/attachment...7341578052.jpg
Printable View
w4 limit was broken up on the previous non mt4 chart.
Am trying to see whether there was a completion of the 5 wave impulse of the wave 3 up afterward a smal wave 4 afterward wave 5 as reason for this break.
Leading to likely the continued downward movement of price.
EG
https://www.cliqforex.com/attachment...1538223883.jpg
https://www.cliqforex.com/attachment...1262874042.jpg
https://www.cliqforex.com/attachment...1937137683.jpg
with the prior wave 1 break for the wave 4 causing my urge to be invalid,
attached chart has been modified after EW Rules.
It looks like we are still building up for a bigger wave c up that may have a high likelihood of hitting TP 2 in the 50% retracement level at 234.38
A harmonic pattern has already formed on the 15m chart with a maximum @ 233.97 that is also near the Daily 5SMA
234.38 is additionally previous days HIGH.
EG
https://www.cliqforex.com/attachment...4648603240.jpg
Breached again
might have to go back to previous count as what was supposed to be wave c has exceeded 161.8 relationship to tide a.
So looking at considering 233.27 at top of tide c now.
I would consider as a confirmation for its continued move down if price breaches the secong red line which is assumed to be the conclusion of the revised tide 1
EG
https://www.cliqforex.com/attachment...1072952112.jpg
Possibility of a truned 5th wave
https://www.cliqforex.com/attachment...1439333299.jpg
Something I discovered just now.
Coincidence?
1 hour chart shows a precise 161.8percent connection of wave c or 3 to tide 1 or a.
1 second chart also reveals the exact same exact proportion connection on the current wave structure.
https://www.cliqforex.com/attachment...1407641947.jpg
https://www.cliqforex.com/attachment...1285788896.jpg
looking at a revised tide count again.
Now seeing a leading diagonal triangle
EG
https://www.cliqforex.com/attachment...1522389068.jpg
follow up chart
https://www.cliqforex.com/attachment...1193171662.jpg
I have corrected my EW count again.
Looking for a more appropriate count to match the rules.
EG
https://www.cliqforex.com/attachment...5819574031.jpg
https://www.cliqforex.com/attachment...7740758044.jpg
https://www.cliqforex.com/attachment...8153607517.jpg
sorry . I have delayed posting this because was replying to your articles.
Will undo the order of presenting charts
EG
https://www.cliqforex.com/attachment...1801501383.jpg
https://www.cliqforex.com/attachment...2960168660.jpg
https://www.cliqforex.com/attachment...1721313103.jpg
https://www.cliqforex.com/attachment...5105694997.jpg
https://www.cliqforex.com/attachment...1076948115.jpg
https://www.cliqforex.com/attachment...1557515394.jpg