Ewj: elliott wave

"Five waves DOWN" looks impulsive :eek: .
1.Wave 4)c might have ended on Thursday :D .
2.Wave 4)c may end at top of Wave 1) =875 :) .
3.Wave 4)c may end at measured move = 850 :( .
4.Wave 4)c may end at the end of big "M" pattern = 836 :mad: .
I am :confused: .
 

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GBP just completed a lesser a-b-c for a crack at 1.594 area again... (Incorrect below that "c "wave swing low.. )

5min GBP #F see what you think...:)
 

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After the initial sell-off after the higher opening, the market continues to push higher and "float" back up.

Natural resource names, Coal, and oil service continue to rally and take out the "opening" highs.

A lazy, low-volume day in the making, but one that could very well close positive, nonetheless.

And like I said yesterday, "short the commodity "dollar" related names at your own peril.

:)
 
Quote from Mup:

We got the push, well past that 150% to the 200%...

200% is a popular FX ratio, so we may well get a pull back from here to test the lesser Alts around 1.39...

240min EUR
More...

yep, it’s about time to pay a bit more attention to the Fx pairs. The only concern to me is whether wave-v will be extended.

My amateur counts on the EURUSD:D
 

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