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Originally Posted by EACAN
Chart attached for visual formation .. The markings which i did for 123 could also just be abc correction ... what is important right now is the top of A..
P.S: Pls note i try to do dynamic wave counts i try to put my self to always catching 3rd wave or wave c as you can see right now i am position to take this wave c for possible 4th wave which might just be 1st wave of a new trend i wouldn't know this untill price gives me clues.
chart attached..
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Before i start posting there is One important thing...
As you might know the reason of this thread is to learn about elliotwaves post charts and trade as such there is one important ingrident missed that is after a trade ( either a loss or win ) mentioning what kind of EW pattern made the move i think that way things will stay in mind and at re-occurance one could re-create or remember the pattern or expectation..
I re attach the pic... this one is after the NFP ( i was calling it 4th wave and this time it went good.. who knows what will happen next time i give call
) Important thing is what kind of 4th wave it was ? Although i have posted the pic alot of times but the description from the text is that it occured as a
FLAT Last description on the pic is the best that is wave C will not go far beyond the high of wave A if you remeber i was also ( actually i didn't know about this that time ) speaking about atleast it should go above the wave A top..
My plan is to include these kind of descriptions after the trade so we all can learn from future moves ... i am keep learning and always be learning