For the time being (I estimate a couple of months ahead)this is what I see:
Lets wait it out.
I believe both ideas to be right, it is just the timescale difference that makes it awkward to concept.
JustTrend
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Thank you, I am in AUDUSD buy since last week, minus so far. so this is good news for me!
IvanLabrie
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beautiful. what's your lower timeframe entry? I'm waiting for a deeper retracement. posted a reversal weekly chart. let me know what you think.
cheers and long live jazz.
Andre_Cardoso
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Thanks IvanLabrie, i appreciate your comments, and your work too ;).
Eventually on daily and 4 hour charts, but i allways enjoy to keep them all "controlled".
This is a daily chart, editable, so you can add something and paste it here ;) But in fact, after that retracement, that i think can hit the 61.8% could be a nice option...
I hope it isn't a triangle...so this isn't a B, and it's a 1-2 instead. But well, both would give a nice long in wave 3 or C.
IvanLabrie
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You can clearly see 5 waves in my starting point. The structure from the whole decline ended in higher low, this is potentially a truncation, and very bullish.
Andre_Cardoso
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nice approach Ivan, im trying my best with elliot waves, learning process, and in fact that point about the time is also important, there's something to read about ;) Thanks
IvanLabrie
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That's a neowave application of EW. Not traditional EWI school. I'm a beginner too.
Cheers!
korhancakir
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hello sir ,
ext XA valid?
FUNTRADER-Vera
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Same question.
I dont think the XA valid in this CYPHER.
I assume that we consider this long term idea.
For the time being (I estimate a couple of months ahead)this is what I see:
Lets wait it out.
I believe both ideas to be right, it is just the timescale difference that makes it awkward to concept.