"hi Peter,if you want to be long on eurgbp the best area to be long is 0.8265 because of the reasons which I explained in my article. best regards and good luckahmad"
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Elliott Analyst commented on Elliott Analyst's blog post EURGBP is going to face a strong support at 0.8265!
Peter jcp commented on Elliott Analyst's blog post EURGBP is going to face a strong support at 0.8265!"I am not an EW analyst but I am looking to find a level to buy the Eur / Gbp this month and even this week. I was actually looking from 8300 or 8320 area due to the pair being way OS on the weekly and monthly charts. Now you look upon 8265 being…"
Elliott Analyst posted a blog postEURGBP is going to face a strong support at 0.8265!
Hello Traders,As you all can see in the chart below the drop from 0.9080 is a Double Zigzag (abc-x-abc) and the both of zigzags have the same structure (5 Impulsive waves - Triangle- 5 Impulsive waves ) .what make this chart interesting for me is the blue wave c in second zigzag hasn't finished yet and it's going to face a strong support @0.8265. the strong of this point come from :It's the point where the drop from 0.9080 to 0.85300 equal the drop from 0.88300 to 0.8265.it's the point…See More
nutz commented on Elliott Analyst's blog post Is USDCHF topped or it will go more higher?"thanks for the reply .....almah al-jarah"
Elliott Analyst commented on Elliott Analyst's blog post Is USDCHF topped or it will go more higher?"Hi Bob,
thanks for your long and useful comment :)
friend to be honest with you a prefer count#2 too for many reasons:
The first one , as you said , wave 5 is to short in compare with wave 1.
The second one, if you take a look at wave 4 you will see…"
nutz commented on Elliott Analyst's blog post Is USDCHF topped or it will go more higher?"hi ahmad al-jarah, I am trader interested in elloit wave ...i have aquired the book" elliot wave principle'... about two years ago and i refer to it as i felt frost and robert…"
Elliott Analyst posted a blog postIs USDCHF topped or it will go more higher?
In elliottican perspective there are two counts for USDCHF ,The first one says that the 5 impulsive waves which began from 0.7070 have been finished and USDCHF topped @ 0.9550 and we are now in a big correction which may reach 0.8000 area (61.8 fibo of the move form 0.7070 to 0.9550).The second one is maybe the 5 impulsive waves which began from 0.9175 to 0.9550 is wave 1 of wave V. in this case the next target for USDCHF will be around1.0050 where Wave'V' =38.6x(Wave'I'+Wave'III').Take a look…See More
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- Forex Trader. I use Elliott Waves Principles and Fibonacci Ratios to analyse the market. The founder of ElliottAnalyst.com.
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EURGBP is going to face a strong support at 0.8265!
Posted on January 2, 2012 at 8:59pm 2 Comments 0 Likes
Hello Traders,
As you all can see in the chart below the drop from 0.9080 is a Double Zigzag (abc-x-abc) and the both of zigzags have the same structure (5 Impulsive waves - Triangle- 5 Impulsive waves ) .
what make this chart interesting for me is the blue wave c in second zigzag hasn't finished yet and it's going to face a strong support @0.8265. the strong of this point come from :
- It's the point where the…
Is USDCHF topped or it will go more higher?
Posted on December 18, 2011 at 6:59pm 3 Comments 2 Likes
In elliottican perspective there are two counts for USDCHF ,
The first one says that the 5 impulsive waves which began from 0.7070 have been finished and USDCHF topped @ 0.9550 and we are now in a big correction which may reach 0.8000 area (61.8 fibo of the move form 0.7070 to 0.9550).
The second one is maybe the 5 impulsive waves which began from 0.9175 to 0.9550 is wave 1 of wave V. in this case the next target for USDCHF will be around1.0050 where Wave'V'…
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