MoneyTec Traders Community Forum - View Single Post - Clear Recomendation For EUR/USD (Elliot Analysis)

patricio_w · 18-01-2006, 21:45

We need now to break 1.2174 high of 16Jan, that breaking sould be signaling that W2:3 is complete or near completition.
1.2042 is the typical correction for a W2:3, thats is the 0.786 of w1
Breaking that point into the downside will signal that W2 is not really a w2, will signal than is probably a complex correction ABCDE
The oscilator is not in OB Zone, with the crossover lines in that zone, will be again a nice opportunity for long trades
See the chart bellow

Para analisis en español en richdad.com.ar

18-01-2006, 21:45	#8
patricio_w level 3 Join Date: Sep 2005 Posts: 227 Downloads: 0 Uploads: 0 Rep Power: 3	Re: Clear Recomendation For EUR/USD (Elliot Analysis) We need now to break 1.2174 high of 16Jan, that breaking sould be signaling that W2:3 is complete or near completition. 1.2042 is the typical correction for a W2:3, thats is the 0.786 of w1 Breaking that point into the downside will signal that W2 is not really a w2, will signal than is probably a complex correction ABCDE The oscilator is not in OB Zone, with the crossover lines in that zone, will be again a nice opportunity for long trades See the chart bellow Para analisis en español en richdad.com.ar Attached Thumbnails