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

patricio_w · 06-02-2006, 19:52

The first impretion was incorrect, the Wave 5:5 was not in place either complete. It seams this is a long Wave 5, i did not make all the Alternate Price Projection and Retracements on the chart because is too much lines, too much subdivision.
What i can say is than EC is reaching its bottom, the W5:5 is near completition, if is not already complete, 1.1953 was one of the targets, the other possible is 1.1927, and the last one of my analysis is 1.1912.
i still insist on the Long side, remember we are in W 2 or B, this should be a correction lasting till middle of february.
If i am correct, this Wave A is complete or near completition, and a Wabe B to the northside should be see, wait again to the oscilator in position of Over sold zone, kindest regards to all

06-02-2006, 19:52	#78
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) The first impretion was incorrect, the Wave 5:5 was not in place either complete. It seams this is a long Wave 5, i did not make all the Alternate Price Projection and Retracements on the chart because is too much lines, too much subdivision. What i can say is than EC is reaching its bottom, the W5:5 is near completition, if is not already complete, 1.1953 was one of the targets, the other possible is 1.1927, and the last one of my analysis is 1.1912. i still insist on the Long side, remember we are in W 2 or B, this should be a correction lasting till middle of february. If i am correct, this Wave A is complete or near completition, and a Wabe B to the northside should be see, wait again to the oscilator in position of Over sold zone, kindest regards to all Attached Thumbnails