I'm a little confused about all the 3's on your chart. Not sure what they mean LOL. But yes here is an example for you starting on the Daily chart, and using your 4 hour chart. Your larger chart above(the one I responded to first) started on Feb ...

The Elusive Elliot Waves

Ya I do screenshots all the time I'm making one for you right now

The Elusive Elliot Waves

Yes you got it right! Good job. You will want to start with the larger time frames first though, because the lower time frames always show small patterns inside larger patterns. If you start with the lower time frames first, you won't be able to ...

The Elusive Elliot Waves

You mean create a video? I can probably do that.

The Elusive Elliot Waves

Greetings traders, The following is an example of the exact method I use to look for an entry or exit signal (using technical analysis) for a currency pair: *Ideally, combining fundamental and technical analysis works best *Ideally, the daily time ...

Desert Island Trading Journal

Fair enough. Yep now we just wait to see what happens .

Elliot Wave Analysis

Agreed!

Cable Update (GBPUSD)

Sorry the first image I listed was not the right one. That was to show you that if you started the wave 1 movement at March 2020, Wave 2 still does not reach the min amount. This image here is a zoomed in image of your wave 2 retracement level.

Elliot Wave Analysis

Thanks for showing your chart I appreciate the interaction. So........if you look at your chart where you have Wave 2 listed, the minimum fibonacci retracement level for a wave 2 is 38.2%. Your Wave 2 retraces halfway between 23.6% and 38.2%. ...

Elliot Wave Analysis

Oops I forgot about the 4 hour chart bearish movement you mentioned. So, if you're counting waves on the weekly, you should end up with the same count as me, if you count wave 3 properly as a 5 wave pattern. If not, the rules for the wave break down ...

Elliot Wave Analysis

I just saw this post after I posted my last one. Okay everything on your chart looks great I agree with everything you said! That March 2020 Weekly wave 1 count works out perfectly with my analysis for a current Wave 3. I'm glad to have found a ...

Elliot Wave Analysis

I just recounted the waves on my charts, and it looks like my setup is the same as yours. At first I just marked 4 waves on my chart, which you will see here with the first image. But wave four usually unfolds in a 3 wave pattern, so based on this, ...

Elliot Wave Analysis

Is this the 4 hour chart? I like your analysis here. But I think the larger pattern is on the daily and the weekly charts. My opinion is that you have to look at where the pattern starts on the largest time frame, so I always start with the monthly. ...

Elliot Wave Analysis

Review the link I posted above. It really is simple once you get the hang of it. I'd say you don't really need to use expert indicators for this. Give it a few days of study and you will have it down. I use them everyday to analyze the market. ...

The Elusive Elliot Waves

At first EW theory can be complicated, but once you get it down it's quite simple. The following website explains it very well, and you use Fibonacci levels to count the waves. url

The Elusive Elliot Waves

Big news yet to be confirmed: Dubai Private Equity Firm to Invest $4.8 Billion of Bitcoin in Miami This story has been making its rounds online. Crypto whale Khurram Shroff, chairman of the IBC Group, is reportedly planning this move. Miami's ...

Bitcoin Enthusiasts

My sentiments exactly!

Cable Update (GBPUSD)

Today's update: -F2 pool and other whales still positioning on the spot and futures markets to keep the price of Bitcoin down. -Bitcoin futures key day coming this week. Will the price go up, stay down, or remain ranged? -MicroStrategy CEO Michael ...

Bitcoin Enthusiasts

Im off to bed guys. Happy trading!

Cable Update (GBPUSD)

Oh okay. Eh, me too sometimes.

Cable Update (GBPUSD)