bijak_sinner
Fun Poster
- Messages
- 288
- Joined
- Dec 16, 2005
- Messages
- 288
- Reaction score
- 8
- Points
- 15
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There are no valid Elliott Wave trades available at this time. Stay out of the market.
Extensive Elliott Commentary for USDJPY240 (Daily) on 30-Mar-2007 with two incomplete patterns:
Wave (Y) of the Intermediate degree inverted Double Zigzag with a rating of 98.5 is expected to complete in the price range 119.32 to 127.02, but more probably between 119.95 and 123.46. This wave is most likely to complete sometime between 04-Apr-2007 and 17-Apr-2007 Note that it cannot complete until 31-Mar-2007 but must complete by 21-Apr-2007.
Wave (Y) will probably complete this Double Sharp pattern, although it could possibly extend into a Triple Sharp pattern.
This is the final wave in the pattern. When complete it will also complete wave B of the Primary degree Flat with a rating of 88.6. These two waves have the same target ranges.
After wave B is complete, expect the market to continue down into wave C, which should be a five wave Impulsive pattern. Expect wave C to retrace wave B by 93% - 176%. Wave C can also be expected to be 109% - 176% of the price length of wave A. The expected time for wave C to complete is 59% - 248% of the time taken for wave B to complete and 117% - 379% of the time taken for wave A to complete.
Current Analysis Settings:
Analysis Date Range: 02-Jan-2007 to 30-Mar-2007, Label Range: 7 - 30, Preferred Count Labels: 12, Min Rating: 75, Stocks toggle OFF, Bias Towards Beginning of Data: 8, Bias Towards Major High/Low: 8, Largest Degree Wave Filter: Any Pattern
There are no valid Elliott Wave trades available at this time. Stay out of the market.
Extensive Elliott Commentary for USDJPY240 (Daily) on 30-Mar-2007 with two incomplete patterns:
Wave (Y) of the Intermediate degree inverted Double Zigzag with a rating of 98.5 is expected to complete in the price range 119.32 to 127.02, but more probably between 119.95 and 123.46. This wave is most likely to complete sometime between 04-Apr-2007 and 17-Apr-2007 Note that it cannot complete until 31-Mar-2007 but must complete by 21-Apr-2007.
Wave (Y) will probably complete this Double Sharp pattern, although it could possibly extend into a Triple Sharp pattern.
This is the final wave in the pattern. When complete it will also complete wave B of the Primary degree Flat with a rating of 88.6. These two waves have the same target ranges.
After wave B is complete, expect the market to continue down into wave C, which should be a five wave Impulsive pattern. Expect wave C to retrace wave B by 93% - 176%. Wave C can also be expected to be 109% - 176% of the price length of wave A. The expected time for wave C to complete is 59% - 248% of the time taken for wave B to complete and 117% - 379% of the time taken for wave A to complete.
Current Analysis Settings:
Analysis Date Range: 02-Jan-2007 to 30-Mar-2007, Label Range: 7 - 30, Preferred Count Labels: 12, Min Rating: 75, Stocks toggle OFF, Bias Towards Beginning of Data: 8, Bias Towards Major High/Low: 8, Largest Degree Wave Filter: Any Pattern
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