menurut software elliot wave analyzer aku..
time frame 4 hours..
Current Trading Positions for GBPJPY240 (GBPJPY240) Daily on 23-Mar-2007
* A Primary degree trader (hold positions from months to years), would currently be trading long in this market. The probability of this Target Area being correct is 79.6%. However, the random probability of this Target Area being correct is 65.0%. So the true probability of this Target Area being correct is 22.5% better than random.
Extensive Elliott Commentary for GBPJPY240 (Daily) on 23-Mar-2007 with three incomplete patterns:
Wave B of the Minor degree Flat with a rating of 100.3 is expected to complete in the price range 229.03 to 240.25, but more probably between 229.89 and 234.07. This wave was expected to complete before 23-Mar-2007, and must complete by 29-Mar-2007.
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 110% - 176% of the price length of wave A. The expected time for wave C to complete is 60% - 248% of the time taken for wave B to complete and 119% - 393% of the time taken for wave A to complete.
Wave (B) of the Intermediate degree inverted Flat with a rating of 90.4 is expected to complete in the price range 202.78 to 225.22, but more probably between 217.82 and 223.75. This wave is due to complete anytime from now until 05-May-2007, but is most likely to complete before 04-Apr-2007.
After wave (B) is complete, expect the market to continue up into wave (C), which should be a five wave Impulsive pattern. Expect wave (C) to retrace wave (B) by 86% - 173%. Wave (C) can also be expected to be 102% - 173% of the price length of wave (A). The expected time for wave (C) to complete is 66% - 296% of the time taken for wave (B) to complete and 122% - 424% of the time taken for wave (A) to complete.
Wave X of the Primary degree Double Zigzag with a rating of 84.2 is expected to complete in the price range 226.2 to 241.47, but more probably between 229.59 and 237.13. This wave could complete anytime between now and 28-Aug-2000, but is most likely to complete sometime between 30-Mar-2007 and 16-May-2007.
After wave X is complete, expect the market to continue down into wave Y, which should be a three wave Zigzag pattern. Expect wave Y to retrace wave X by 166% - 363%. Wave Y can also be expected to be 100% - 363% of the price length of wave W. The expected time for wave Y to complete is 69% - 274% of the time taken for wave X to complete and 71% - 242% of the time taken for wave W to complete.
Current Analysis Settings:
Analysis Date Range: 02-Jan-2000 to 23-Mar-2000, Label Range: 7 - 30, Preferred Count Labels: 14, Min Rating: 75, Stocks toggle OFF, Bias Towards Beginning of Data: 8, Bias Towards Major High/Low: 8, Largest Degree Wave Filter: Any Pattern
