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    • hanzohas replied Apr 10, 2022

      I think this one could break 61.8% retracement, but some patience is needed. A double top or even a new top. Depends a bit on how next week closes. I know w2 and w4 does overlap in my count, but it looks like an ending diagonal to me. image

      Elliot Wave Analysis
    • hanzohas replied Apr 10, 2022

      how dare you I think there are some exceptions when the wave is ending with an expanding triangle, but I am not sure. image e.g. you could also claim that we had a 5th wave failure and that part is just a correction. It is very ...

      Elliot Wave Analysis
    • hanzohas replied Apr 9, 2022

      I usually take EW analysis with a bucket of salt to be honest. I could make 10 different counts which all are valid, but after several years in the fx market, I have three key takeaways from EW. 1) Always do a simple count and avoid too much ...

      Elliot Wave Analysis
    • hanzohas replied Apr 6, 2022

      congrats to bears who made some profits. Yesterdays close below 0.761 was a real show stopper. Overall I am still bull, but no confirmation on daily or h4 which sucks.

      AUD/USD