This is my Elliott wave idea about USDJPY , 4hr. Wave ⅳ was "Expanded Flat" and completed. I think we are probably on sub-wave 3 of wave ⅴ(shown as Orange-line). The motive wave of five-wave structures is already appearing. This motive wave is "Diagonal" and sub-wave 1 of wave ⅴ. Sub-wave 2 of wave ⅴ is Flat. If the assumption is correct, This impulse will...
■Outlook of DJI on 1-Day chart. I think that we are on sub-wave 5 of "wave ⅴ" shown as Orange-line. probably, The sub-wave of "wave ⅴ" is "Diagonal". All sub-waves of this diagonal are 3 waves. Wave 5 of Diagonal will be completed after exceeding the high of Wave 4 (36,566) and at the Same time wave (iii) on the upper degree will be completed. Next is wave (iv)...
This is my Elliott wave idea about USDJPY, 12hr. Wave ⅳ was "Expanded Flat" and completed. We have moved to a new step. Many traders may predict the chart pattern is "Head and shoulders" but we are probably on wave ⅴ of Impulse because the motive wave of five-wave structures is already appearing. This motive wave is "Diagonal". All the internal waves on this...
■Overview of DJI. Now We are in sub-wave Ⅴ (Red) of wave (Ⅲ) (Black). Sub wave of wave (Ⅲ) is the Third wave extension of the Fifth wave extension. The wave is touching some acceleration channels, In the near future the wave (Ⅲ) will be complete and the trend will switch. When wave (Ⅲ) is complete, the trend will switch to a down-trend. Next is the IV wave. It...
■Outlook of XAUUSD on 4h chart. Sub-waves of wave iv(shown by Green) are probably "Bottom flat descending Triangle". Now, We are on "Sub-wave E" of Wave iv. probably, Sub-waves of wave E is "Zigzag". I think we are on "sub-wave b" of Wave E. The sub-wave b retraced Fibonacci 38.2% of sub-wave a. The sub-wave b will finish soon. The last "wave c" is 5 waves...
This is an idea about USDJPY , 4h. The wave iv (Shown by Orange-line) was completed. We are on "sub-wave i" of Wave v. probably, The sub-wave of wave i is "Diagonal". All sub-waves of this diagonal are 3 waves. If the assumption is correct, The USDJPY will be above the recent high 113.956 yen and touch the support line. and, sub-wave i will complete. After,...
This is an idea about USDJPY, 1Day. The wave iv (Shown by Orange-line) was completed. The sub-wave of wave iv was "Expanded Flat". Because Sub-wave A of wave iv is 3waves Regular Flat. and Sub-wave B of wave iv is 3waves Zigzag. and Sub-wave C of wave iv is 5waves Impulse. Additionally ... Sub-Wave B of "Expanded Flat" tends to extend 1.236-1.382 times Sub-wave A....
This is my Elliott wave idea about USDJPY, 12hr. I think USDJPY is wave iv (Orange) on Impulse. The sub-wave of wave iv is probably "Expanded Flat". The wave C of "Expanded Flat" tends to extend 1.618 times wave A. And this Area overlaps with Fibonacci 38.2% of wave iii (Orange). If the assumption is correct, The sub-wave C (Black) will grow to the levels of...
This is my Elliott wave idea about USDJPY, 1Day. Now, USDJPY is wave C on Zigzag A-B-C. and We are in sub-wave (3) (Red) of wave C. The sub-wave (Green) of sub-Wave (3) is most likely an Impulse pattern. The sub-wave (Green) completed Wave 1 and 2. We are in sub-wave 3. The sub-wave (Orange) of sub-Wave 3 (Green) is also most likely an Impulse pattern. The...
■Outlook of XAUUSD on 1-week chart. The sub-wave(Orange) of wave iv(Green) is probably "Bottom flat descending Triangle". Last week, The sub-wave D shown by the Orange line was completed. Now, I think that we are on sub-wave E shown by the Orange line. Wave iv(Green) will change to wave v, after the sub-wave E is complete. After, I think wave v (Green) will...
■Outlook of XAUUSD on 1-month chart. We are in sub-wave 5(Red) of wave Ⅴ (Black). and, Sub-wave of wave 5(Red) is shown by Blue-line. The Wave shown by Blue-line is probably an impulse. I think the third wave of this impulse will be extended. next, Sub-wave of wave (iii)(Blue) is shown by Green-line. This Sub-wave is also an impulse. I think the Fifth wave of this...
■Overview of DJI on 6-month chart. Now We are in sub-wave Ⅴ (Red) of wave (Ⅲ) (Black). Sub wave of wave (Ⅲ) is the Third wave extension of the Fifth wave extension. The wave is touching some acceleration channels, In the near future the wave (Ⅲ) will be complete and the trend will switch. When wave (Ⅲ) is complete, the trend will switch to a down-trend. Next is...
This is my Elliott wave idea about EURUSD. An overview of EURUSD on 1-month chart. I think the wave shown by the blue line is probably a WXY correction wave (Double zigzag). Double Zigzag is a 3 wave structure but wave X connect first Zigzag (A-B-C) and second Zigzag (A-B-C). so, first Zigzag is W wave, second Zigzag is Y wave. Check out the chart, The sub-wave...
This is my Elliott wave idea about EURUSD. This time, I readjusted the wave counts of my idea published on 23rd Nov. We are in sub-wave (1) (Red) of wave 3 (Black). Sub-wave (1) looks like to have set up an impulse wave (1-2-3-4-5). Now we are in sub-wave 2 (Blue) of wave (1) (Red). Soon the wave 2 (Blue) will be completed and the wave 3 (Blue) will start. If...
*Main Scenario USDJPY, 1Weekly I think that Wave B (Black) was completed and Wave C (Black) started. Now, sub-wave 1 (Blue) of Wave C (Black) was completed, sub-wave 2 (Blue) started. Wave B (Black) is not most likely a triangle pattern. Because the endpoint of wave Z (Red) was passed the endpoint of wave Y (Red). Thus, the triangle pattern broke. The pattern...
This is my Elliott wave idea about DJI. This idea is the same as the one published on 6th Nov. Now We are in sub-wave C (Blue) of wave Y (Black). Wave Y's formation is a Regular flat. Sub-wave C (Blue) in wave Y will end soon and switched to a new downtrend. Weekly chart
This is my Elliott wave idea about EURUSD. I think that we are in sub-wave (1) (Red) of wave 3 (Black). Wave C(Black) was completed and definitely switched to a new Uptrend. If the assumption is correct, The wave (1) (Red) will grow to the levels of 1.1261-1.1300 After wave (1) (Red) retrace, wave (3) (Red) will grow in the trend direction. In this scenario, the...
This is my Elliott wave idea about DJI. Now We are in sub-wave B (Green) of wave 4 (Red). Soon the sub-wave B (Green) will be complete and the sub-wave C(Green) will start. If the assumption is correct, The sub-wave C (Green) will grow to the levels of 20,000-15,000. In this scenario, the stop loss level is 28,500. DJI, 1Day chart