Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
OK ,
this is what i see on the euro/usd
a big bearish W points in cyan
within that, a smaller bullish continuation pattern, points marked in olive
The second shape would take us to a big confluence @ AROUND 1.3008
This is also an elliot wave target for wave 5 (using elliot rules found in tom joseph book)
the leg marked with brown numbers is (possibly) a five wave impulse of an abc correction
so much confluence
My aim here is to see how impossible or not it is to project harmonic shpaesd within others to confirm a possible d point of a larger context harmonic shape.