TradingEW

TradingEW

Setting up for a wave iii (orange) down of a 5th wave ...... soon, near 0.6182 retracement @ 138.26, EW type stop loss @ invalidation where it breaks upper channel line.

TradingEW

Present deep 0.764 retracement of previous range so far, has not discounted the bullish view with this alternate count. In fact, this 3 waves down move looks corrective enough to be retraced eventually.

TradingEW

Moving up after deep retracement towards target 0.7650. SL @ invalidation of wave count.

TradingEW

Resuming uptrend on a potentially extended (v) towards 0.7346.

TradingEW

Note* Due to prolonged decline and the presence of 5th wave (wave v) extension in wave (3), wave (4) will retrace & terminate more than 61.82% of (3). "The 5th Wave Extension is the only extended wave which should be consistently retraced more than 61.82% by the next wave of the same Degree no matter what part of a larger scale the 5th wave is ...

TradingEW

I mainly trade EW. While TomHall's 4hr. Bat and Gartley daily both match very well with this EW count and projection: Thank you! Tom - Follow him : )

TradingEW

blue - Gartley white - Elliott wave count orange - EW projection

TradingEW

Starting 3 of 3

TradingEW

Still in middle of complex time consuming expanded flat correction (4). Short on medium term only.

TradingEW

The hypothesis of an expanding ending diagonal in the (c) wave is still valid and probable ......... & tradable.

TradingEW

Resuming downtrend at the beginning of 3rd of 3rd wave. Medium term target near 1.4000

TradingEW

Corrective price action maintained above 0.6182 of previous range in the past week, resuming uptrend on the 3rd wave.

TradingEW

Waves overlapping when dropped under 52.45, thus forming ending diagonal (c). Setting up for a 5th wave zigzag up ............... in a few weeks time.

TradingEW

Long setup ............... correction will be retraced completely.

TradingEW

Whether it's pre- or post- Greek Referandum, EURUSD has already set stage for the upside. Then, a reason will be found on Monday for causing EUR to go up.

TradingEW

Still on an impulse wave (c) of correction, now in middle of complex minor iv in orange, that alternates with the simple ii.

TradingEW

An ending diagonal is in progress with probable termination near 0.7515 area.

TradingEW

With a completion of an ending diagonal in last 2 weeks and syn-ing with a possible reversal of USDollar, could see USDCHF resuming downtrend on a major 3rd wave , 1st minor wave (i) target 0.8900.