Montygoldy, plenty of room and time to go up...of course, I can be wrong...

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close above 1.2977 should open the doors for 1.3081 ...and I agree with you Bones, maybe not today bc 200% yesterday's range has been reached... unless the market wants to prove us wrong and will do it today...Weekly target before possible reverse ...

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Impossible is nothing...

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TV, that's OK. We trade what we see...as long as you stay with your rules for completion and invalidation of your pattern you will be OK ...Please, do the exercise: mark on your chart Pivot Points from the prior day and trade according to the rules ...

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...continuation from yesterday

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Guztro, truly admirable achievement...congrats.

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Moty, I had never taken it as a criticism. I enjoy your charts, keep posting them. Those who know TA always find something for themselves, either pivot points, moving avg's or EW setups.

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Moty, I understand that we have our own way of labeling swings. I don't have any problem with yours or anyone else. If something is unclear when I examine somebody's chart I always ask the question: "What I am missing here?"...We all good.

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Tekin, If based on your TA you believe (c) will hold, your SL might be too tight, but this is up to MM rules we adopt with our method of trading. I don't have a problem to enter the trade twice with a small loss or have a bigger SL either ...

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If yesterday's move (12345) is an impulse move than it's the only first leg of a zig-zag pattern (ABC) and we should expect BC leg to the upside. If the market (GU) drops below (c) point before taking out A point the labeling is incorrect and the ...

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thanks TV, the same to you, have a nice weekend.

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Moty, if yesterday's and today's action (abc) is the only retracement to AB than bc should have 5 fractals...just be vigilant in an area where (iv) should form.

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Martinez, I trade without indicators using only Elliott Wave Principle (only 6 patterns), Harmonic Patterns, Daily and Weekly Ranges. All my charts are done by hand as the market unfolds so I don't have ready templates. That's what I use: url ...

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...and as of now...more to come...

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Yes Moty, technical reason...Do you want to discuss day trading using Pivot Points?

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my count might be invalid soon too...that's why flexibility is required when trading based on EW, know what invalidates the pattern. Edit: Added channel to clearly see when my count might be invalidated.

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Kickstrt, good eyes...possible scenario but if this happens, it will only delay the move up.

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@tiborf71 we don't know which pattern will materialize? that's why it's important to know when we are wrong and quickly recognize when the other scenario plays out. Good luck with your trading.

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@Moty please pay attention to 200% ext of YDR...

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@Nala check this out...short term setup

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