Daily and Weekly Elliott Wave Analysis -
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thread: Daily and Weekly Elliott Wave Analysis

  1. #21
    Junior Member Fransuarwz64's Avatar
    29
    goldtc, do you have an opinion on AUDUSD Daily? This one is pretty confusing. What I have is a large corrective bull move and we're currently in C that resembles a diagonal triangle. But I'm not entirely convinced...

  2. #22
    Hi Soso.. I wont be able to post AUD or EURO charts for atleast a week. I will be going on vaion tomorrow so I am a bit busy at this time. Here's the final for sometime. It is a short term chart revealing my expectations.

    http://www..com/images/stories/1-7-08 euro.gif

  3. #23
    Its 1.5749 now. May drop down more if ISM goes up in 2pm GMT later. I see a rebound to 1.6xx later.



    Hi Soso. . I wont be able to article AUD or EURO charts for atleast a week. I will be planning on vaion tomorrow so I am a little busy at this time. Here is the last for sometime. It is a short-term chart showing my expectations.

  4. #24
    Junior Member Fransuarwz64's Avatar
    29
    Hi Soso.. I wont be able to post AUD or EURO charts for atleast a week. I'll be going on vaion tomorrow so I am a bit busy right now. Here's the last for sometime. It's a short term chart revealing my expectations.

    Http://www.goldtc.com/images/stories/1-7-08 euro.gif
    Hi goldtc, thanks for the update. Enjoy your vaion!

  5. #25
    Junior Member Fransuarwz64's Avatar
    29
    That is my 4H count, for today I am maintaining my principal count on the last leg up being an abc. Although I am really cautious and understand that in order to allow the pattern to unfold 1.559 needs to break. It's the top of Wave 1 of your own count.
    If this is only a correction of a bare impulsive leg up I am seeking to liquidate half of my place near 1.567 - in case it's there - and tighten my cease.

  6. #26
    Junior Member Fransuarwz64's Avatar
    29
    A brief chance on USDJPY, if price reaches 106.7 we could complete a corrective abc pattern.

  7. #27
    Its 1.5749 now. May shed more if ISM goes up at 2pm GMT later. I see a rally to 1.6xx later.
    The Euro decrease after I posted the charts was a good bear trap. It peeked below the trendline for a while but held over it by closing over it. 1.5785 right now. Time to return IMO.

  8. #28
    That is my 4H count, for today I am maintaining my primary count on the last leg up having an abc. Although I am really careful and know that in order to allow the pattern to unfold 1.559 needs to break. It is the top of Wave 1 of the own count.
    If this is only a correction of an unfinished impulsive leg up I am looking to liquidate half of my position near 1.567 - if it gets there - and - tighten my stop.
    Your count looks correct IMO. There's a great chance your count might play out. I am still confused if to count the entire wave upward as impulsive or corrective. The market should clear the pattern out in a few days. .

  9. #29
    Junior Member Fransuarwz64's Avatar
    29
    The market should clean the pattern out in a couple of days. .
    Indeed, the most target participant. For now I hold my shorts till ~1.567. I believe we've got a shirt now on H1, it appears like a growing triangle that ended into 50 percent retracemnt of the impulse down. I will scale short if price breaches the low of the previous H1 bar, 1.575.

  10. #30
    Junior Member Fransuarwz64's Avatar
    29
    I think we've got a top today on H1, it appears like a growing triangle that wound into 50% retracemnt of the urge down.
    or not.

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