[psperos]

Hi fxs,

I don't want to mess your thread up with my chart( there is nothing worse than an Elliot thread with many versions), but my wave count is very similar to yours.


The difference is, I have larger wave 4 as an ABCDE decending triangle correction. where E ends at the start of your minute wave ii of 3 of the larger 5. So basically your minute wave ii of 3 is where i have the start of wave 1 of larger 5 of (C).

Both counts call for a new low in the euro, but with my count the next move down will be a wave i of 3 of larger 5, not wave v of 3 of larger 5.

There is no way to tell which count will be right, I guess we will see if we go lower than you expect, or we bounce earlier than I expect.