Wagdy Abdelrahman / プロファイル

GBPUSD Alt scenario of Expanding Ending Diagonal.

GBPUSD: Elliott Waves:
We have now 2 scenario of Ending Diagonal (Contracting) regular ED and Expanding not regular happen.

AUD USD - H4
Elliott Waves
The wave from hi 9760 to 8820 as seen 7 waves (abc) hence I suggest that we finish the (Y) or at least wave a of (Y).
Therefore we have join wave from the bottom 8820 to 9180 and in extention 9290 - 9401. Also the price almost out of trenddown channel .
Gold-Luck :)

GBP/USD Elliott Waves Analysis
At time of this chart before reaching the 6600 we have 2 scenario (Original Chart) to be 5 waves IM. When the wave down to levels (Friday) overlapping with wave (i) , then we shift to the alternate scenario (Left) as Ending Diagonal .
Hence the ED wave (ii) should not breakdown the levels of begginin wave (i) @ 6215, and expexted to reach levels 6280-6250 .
The Exected target for Wave v 5 (5) @ 6915
Gold-Luck :)

Happy New Year 2014