ElectricSoda

ElectricSoda

gone long till the close of the gap, looking to enter a short in pink zone.

ElectricSoda

EUR/GBP -Fibonacci Ratio is useful to measure the target of a wave’s move within an Elliott Wave structure. Different waves in an Elliott Wave structure relates to one another with Fibonacci Ratio. For example, in impulse wave: Wave 5 is typically 61.8%, 100%, or 123.6% of wave 1 -With GBP increased long positions EUR is looking very bearish

ElectricSoda

AUD/JPY - ACB corrective wave, this correction is known as the expanded ABC flat as wave C substantially ends beyond wave A. - As wave C continues, I would like to see price enter the consolidation zone for an entry to the long side. Potentially seeing the beginning to a 5-wave structure.

ElectricSoda

GBP/USD - ABCDE corrective wave structure complete. - Expecting GBP/USD to push up a little more before the retracement. - Waiting for the Retracement to enter for a long position.

ElectricSoda

I would like to see a enter to the consolidation zone. A fake break out to the short side then a retrace to the neck line ( long side).

ElectricSoda

Fibonacci Ratio is useful to measure the target of a wave’s move within an Elliott Wave structure. Different waves in an Elliott Wave structure relates to one another with Fibonacci Ratio. For example, in impulse wave: Wave 5 is typically 61.8%, 100%, or 123.6% of wave 1 Could we also be looking at an early wave correction? Make sure to keep an eye out for gold.

ElectricSoda

TP is getting closer :D

ElectricSoda

Been following this pair since wave B, caught some good runs lets do it again .

ElectricSoda

Looks to currently be in the 5th wave Lets see it hit TP :D

ElectricSoda

I have entered earlier, but could maybe see a retest touching the purple zone.

ElectricSoda

Looks to be following the ABCDE Correction Im in for the short :D

ElectricSoda

Correction Stage ?

ElectricSoda

Fibonacci Ratio is useful to measure the target of a wave’s move within an Elliott Wave structure. Different waves in an Elliott Wave structure relates to one another with Fibonacci Ratio. For example, in impulse wave: - Wave 5 is typically 61.8%, 100%, or 123.6% of wave 1

ElectricSoda

- Elliott used the word “failure” to describe a situation in which the fifth wave does not move beyond the end of the third. - Truncation gives warning of underlying weakness or strength in the market. - Beginning of a new trend to the down side ?

ElectricSoda

Recently started using Elliot waves. Going nicely so far. Thoughts ??