Look at this count in the weekly EUR/USD chart:
We have a clear wave 1, after which we saw a wave 2 as a running flat, after which this enormous wave 3 followed.
That is a textbook standard elliott wave impulse, which brings me to the conclusion, that it will likely follow the elliott wave projection.
One thing is not 100% clear at this time. Green wave 3 could also be green wave 5, but it does not matter much.
If it is in fact a green wave 5 the target would be around 1.40$, if it is a wave 3 the target would be araound 1.45$. Basically no difference... If any one of those counts turns out to be valid, I will make tenthousands of dollars with this knowledge...
This is probably gonna be the trade of 2019. I can't wait for blue wave 2 to be done. If I see this wave 2, I will invest 15% of my portfolio into this trade... and buy every fuc.king dip once in profit.
I expect this wave 2 to be done anywhere between August and December 2018... So you and I have to wait and monitor for this expected trade of a lifetime.
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If you think this to be useful information:
Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.
DISCLAIMER: I provide trading ideas using EW and Pattern analysis. The material in this post does not constitute any trading advice whatsoever. This is just the way I see the charts and what my trading ideas are. The author of this post is holding positions in this market at the time of this post. Please conduct your own due diligence, if you plan to copy anyones investment decisions.
If you make any trades or investments after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.
Please consider leaving a comment, like or resteem, if this post entertained you or helped you see things differently...
Have a nice day :-)
All this crypto market sometimes looks quite crazy
Hello my freind☺
Mntps
Nice post
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How reliable can be the Elliot waves in this circumstances?
Nothing works everytime, if somebody tells you otherwise, run!
My track record is fluctuating between 75 and 80%.
Will it occur exactly like I predict? I don't know. You never know for sure. It is just playing with the probabilities. But it will be obvious if it works and I will make posts about it in the future as soon as I see a new development in EUR/USD.
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good informations thank you for sharing
