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

patricio_w · 06-02-2006, 06:59

See the chart bellow, it seams a double bottom aspect. Aproaching to the zone at 1.1968 is a possible correction of 100% of the posssible Wave A, coul be a nice wAVE b, with a double bottom form.
Also look at the oscilator is in the Over Sold Zone traing to perform a crossover, not yet in place, but possible trend reversal signal
Is that the case Wave C has to possible targets with the red squares

Kindest Regards

Mismo analisis en castellano en richdad.com.ar

06-02-2006, 06:59	#72
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) See the chart bellow, it seams a double bottom aspect. Aproaching to the zone at 1.1968 is a possible correction of 100% of the posssible Wave A, coul be a nice wAVE b, with a double bottom form. Also look at the oscilator is in the Over Sold Zone traing to perform a crossover, not yet in place, but possible trend reversal signal Is that the case Wave C has to possible targets with the red squares Kindest Regards Mismo analisis en castellano en richdad.com.ar Attached Thumbnails