Elliott Wave Counting with EG - Page 2
Page 2 of 505 FirstFirst 1 2 3 4 ... LastLast
Results 11 to 20 of 41

Thread: Elliott Wave Counting with EG

  1. #11

  2. #12
    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



  3. #13
    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

  4. #14
    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

  5. #15

  6. #16
    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.


  7. #17
    looking at a revised tide count again.

    Now seeing a leading diagonal triangle

    EG

  8. #18

  9. #19
    I have corrected my EW count again.

    Looking for a more appropriate count to match the rules.

    EG



  10. #20
    sorry . I have delayed posting this because was replying to your articles.


    Will undo the order of presenting charts


    EG






Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners. Read more.