NIKKEI - Wave 5 - Elliott Wave
Aggiornato
Wave 4, completed with Regular Flat, wave 5 started, aiming to 35000.
Trade attivo
Wave 1 within the final Wave 5 is now confirmed after breaking 32709 in the future. VI is up again today, promising signal too.Commento
Wave 1 is always difficult to take, wait for the end of wave 2, ABC. Tomorrow is SQ in Japan. It will retrace soon or later ('price' retrace, rather than 'time' one). At least 50% of wave 1, at least... then it will form Impulse or diagonal.Commento
Has the wave 2 ended at 61.8% retrace?Trade attivo
🎯 Target 34865 areaCommento
(i)-(ii)-i-ii structure.Commento
🚀 Hit "Boost" if you like this plan! 🙌Commento
I've started noticing a glitch in my Monthly counts... still aiming for near 35k, but it will fail to go above 35k.Revised wave counts coming after this plan works. Perhaps when next retrace happens, back to 31349 area...
Below, wrong counts, unrealistic wave (3) extension:
Commento
About YCC, "discussed", not "decided" but this is how it went down... Tricky situation... at the moment. BUT nothing major in analysis last 6 hours.. it means rally back up?!? Watch out for BoJ announcement.Trade attivo
Expanding Triangle completed after BoJ announcement, ending wave (ii).Commento
❗️ Today's sell creates 2 scenarios... Risky if 33055 fails:Trade chiuso manualmente
Bad news.. Fitch Ratings has downgraded US's long-term foreign currency debt rating.Commento
Great escape yesterday as soon as I realised (a)(b)(c) because Nikkei closed below (a) at 32781. it was NOT (1)(2)(3)... This correction has not done yet, it's a larger Flat Regular pattern. New buy at 31500 (100% ext) or 31000 (127.2%). I prefer 31000 area as it's 38.2% retrace of wave iii (circle) if it gets there.Commento
Possible buys at these levels, TOPIX must complete its corrections too.31506 (100% ext. & 31420 support)
31287 (weekly pivot)
31045/30968 (127.2% ext. 38.2% ret. and very technical!)
Ordine annullato
Commento
One of my plans. That drop was probably 3 waves, not 5 waves, it means Diagonal or Triangle to finish 5-wave C wave of Flat Regular.As Future made lower low, probably not a Triangle... so I'm expecting this idea, Contracting Diagonal 🤞 Let's see!
Commento
... or it will just go straight down to 31000. Buying level 👍Trade chiuso: obiettivo raggiunto
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