View Single Post
Old 06-02-2006, 19:55   #79
patricio_w
level 3
 
Join Date: Sep 2005
Posts: 227
Downloads: 0
Uploads: 0
Rep Power: 3patricio_w is on a distinguished road
Re: Clear Recomendation For EUR/USD (Elliot Analysis)

Quote:
Originally Posted by patricio_w
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

sorry this is the update chart
Attached Thumbnails
Click image for larger version

Name:	eur60.gif
Views:	98
Size:	96.2 KB
ID:	19343  
patricio_w is offline   Reply With Quote