Hi FishingAndBeer,You mentioned some difficulty in interpreting...

Hi FishingAndBeer,

You mentioned some difficulty in interpreting the intraday elliot wave counts. So I thought perhaps a snapshot capture of the 5 min intraday elliot wave counts as at 11.19am today using the Elwave software might be of some interest or help to you? Take a look at the fibonacci projected targets by the side..perhaps those are useful too.

Cheers, hope it helps at least to provide a version of the elliot wave projection that you can use to compare with that of yours:) Just a reminder, since this is a very short time frame projection based on the 5 min chart, it is important to have an overview on the longer time frame elliot wave projection, such as the 30 min or 1 hour projection or even the daily chart as well.

I also show an oscillator that helps in the intraday trade as well, right above the elliot wave chart.



Regards

dascore