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Old 23-01-2006, 22:38   #20
patricio_w
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Re: Clear Recomendation For EUR/USD (Elliot Analysis)

Euro is doing a manual movement for now, hope stay like this. I made two chart, dayli and hour chart, just to express my view.
On the last post i charted target between 1.2312 and 1.2396 max, well lest take the idea than 1.2320 was the end of the Wave3:3, just to start thinking a posible scenario to the upside on W5, just to earn some money.
On the Dayli chart (the same i posted today) we can see where the Wave 2 (corrective rally) should end
On the hour chart (if, if, if the W3:3 is in place) it will come a correction Wave 4 ending bwetween the ratio 0.500 and 0.618 of Wave 3:3.
That point is between 1.2180 and 1.2147, and the corrective rally on the dayli chart is between 1.2163 and 1.2126

If this analysis is correct, we have to be alert of an ABC correction, and looking at the Oscilator, we can catch the W5:3, waiting for the crossover on the Over Sold Zone

Para este mismo analisis en castellano ver richdad.com.ar
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