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Wavecount

The Big Triangle! Prepare, prepare, prepare.They said "It's very difficult and confusing to trade a triangle.". I agree! When I first looked on the 4H chart, I saw the beginning of a triangle formation and was excited about the trade. Then I went to the 1H chart and have tried to count the internal waves to soon. That was a mistake and confused me very much, because the breakout didn't happened. But the overall picture in the 4H chart shows a much clearer picture and gives the signal that everything is in control and the last move to wave 5 will happen when the triangle formation completed. I'm waiting for the 100.680 price level to enter the market and probably will double my position when the breakout occurs near the 99.900 level. Tip: If the smaller timeframe confuses you, look at the bigger one and vice versa.
by phi35
Elliott Wave Count for Brazil's IBOVO IBOV parece estar no final de uma onda C Menor, dentro de uma (4) Intermediária, que faz parte de uma onda (I) Primária. O início da onda (5) está iminente e deve levar o IBOV até 55K. A partir dalí, devemos ficar atentos ao final da onda (5) e (I). Essa contagem leva em consideração o humor social bastante negativo que dominou a percepção de investidores e não-investidores sobre o Brasil, especialmente no segundo semestre de 2015. O Fundo de Janeiro de 2016 seria então o final de uma correção(baixista) de uma onda de grau Cíclico(altista). Esta correção teve seu início em Abril/2008! -------------------------------------------------------------------------- Brazilian Stock Index IBOV looks as though it is at the end of a Minor C Wave, which is part of an Intermediary (4)th wave inside a Primary Wave (I). The start of Wave (5) is imminent and should carry the IBOV back to 55k. From then, we should look out for the completion of Waves (5) and (I). This count takes into account the negative mood that took over investors and non-investors perception on Brazil alike, specially in the last semester of 2015. The January 2016 Bottom would then be the end of a (bearish)correction of a long (bullish)Cyclic degree wave. This correction started back in April 2008!
BMFBOVESPA:IBOVLong
by geraldelli
1
NZDUSD WXY double-three completed, 3rd wave in progress?Elliott wave WXY Double three combination seems to be completed with a ZigZag and a running flat. So is the 3rd wave in progress? Read the Elliott wave principle for more information about the WXY double three correction. very likely so. But awaiting a corrective 2nd or 4th wave in a lwer degree is a good idea. The direction is clear in terms of Elliott wave analysis. Trade you own strategy to enter the trend. Do not jump into moving candles.
Long
by fxmillions