ElliotWaves - page 13
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Rebuying yen at 115.25 stop at 115.10 tp 115.75 this just part of wave1
Rebuying yen at 115.25 stop at 115.10 tp 115.75 this just part of wave1
moved stop to 115.05
moved stop to 115.05
closed here 115.35
Still in 4th wave
closed here 115.35
This is my latest chart for usdjpy and the reason to close at 115.35 ... the abc is smaller then the last abc of third wave so in essence either the 4th wave is done or this current upmove was just wave a of 4th wave.. again all these counts will change as market unfolds i dont want to stuck to 1 scene or wave count but this charts looks valid for the moment.. sorry in hurry the prices are turncated .. which one could just check from the MT4 platform
I'll reposition as soon as i have a signal..
EACAN..
This is my latest chart for usdjpy and the reason to close at 115.35 ... the abc is smaller then the last abc of third wave so in essence either the 4th wave is done or this current upmove was just wave a of 4th wave.. again all these counts will change as market unfolds i dont want to stuck to 1 scene or wave count but this charts looks valid for the moment.. sorry in hurry the prices are turncated .. which one could just check from the MT4 platform
I'll reposition as soon as i have a signal..
EACAN..I am shorting here 115.13 sl is 115.50 a riskier trade so 1 lot target around 114.50
In Wave B of 4
For sure last move was 5-wave impulsive which marked the wave [A] of 4th wave as they say wave 4 is the ugliest wave ... this must be wave (a) of 4th wave.. i know chart is easier than this so chart attached...
My plan is this i'll reshort at 115.59 if it happens today all stops at 115.85 tp 114.50... and if this just goes down to say 114.80-95 i'll closed there..and wait for retracement for wave b of 4th B to enter for wave 4 B's c... sheesh
Charts Please
I am shorting here 115.13 sl is 115.50 a riskier trade so 1 lot target around 114.50
sl at breakeven 115.13
sl at breakeven 115.13
closed at 114.85
went long at 114.99 sl 114.59 targets will see how this wave develops needs a a-b-c for conformation
Nice thread EACAN keep up the good work.
Gordon