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

patricio_w · 02-02-2006, 14:22

First step done, 1.2076 was taking out, its an aproaching than Wave 5 is in place, should be complete taking out now 1.2139.
The Dt oscilator is showing now on the Over Bought Zone on the 1h chart, trend should be bullish on the short term, 1440 chart shows the oscilator on the Over Sold ZOnes, bullish for a least few days.
I said before than this hold correction should be ending at least 0.500 fo the Wave 1 or A, thats mean 1.1981 on the dayli chart.
So, its the Wave 2 or B ended at 1.2031?
is the Wave 5 be completed breaking 1.2139?

My opinion is than this correction should not be ended until 20th of February, tomorrow there is a big information on the market, we shall see, kindest regards to all

Para mismo analisis en español ver richdad.com.ar

02-02-2006, 14:22	#62
patricio_w level 3 Join Date: Sep 2005 Posts: 227 Downloads: 0 Uploads: 0 Rep Power: 4	Re: Clear Recomendation For EUR/USD (Elliot Analysis) First step done, 1.2076 was taking out, its an aproaching than Wave 5 is in place, should be complete taking out now 1.2139. The Dt oscilator is showing now on the Over Bought Zone on the 1h chart, trend should be bullish on the short term, 1440 chart shows the oscilator on the Over Sold ZOnes, bullish for a least few days. I said before than this hold correction should be ending at least 0.500 fo the Wave 1 or A, thats mean 1.1981 on the dayli chart. So, its the Wave 2 or B ended at 1.2031? is the Wave 5 be completed breaking 1.2139? My opinion is than this correction should not be ended until 20th of February, tomorrow there is a big information on the market, we shall see, kindest regards to all Para mismo analisis en español ver richdad.com.ar Attached Thumbnails