Replies to post #53948 on Simple's Green Room

[Market Technician]

That's an excellent representation of a 0 crossover wave 4. The most reliable thing about the elliott wave oscillator, imo, is the that wave three is always likely to be the extreme reading. The fact that you can see an extreme is a really good clue that the impulse is likely incomplete.

[Market Technician]

there's a triangle forming on the $USD, so maybe a final thrust above for a nice fifth wave.

[villas]

Penniies, that GU chart is a spitting imageof the EU 1H chart!