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

patricio_w · 07-02-2006, 09:32

while the Dtoscilator is entering on the over sold zone, it will be a new chance for a rally to the northside. This posible minor Wave A or 1, was corrected (if its complete) by aminor Wave 2 or B, bwetween 0.618 and 0.786 fibo retracements. i rather to say wave 1,2, it looks like more than a correction form
if that s the case and possible minor wave 2 is in place at two pips above the 0.786, then possible Wave 3 or see is coming. Ill be wait for the oscilator to be in correct place to extend this analysis

Kindest regards

07-02-2006, 09:32	#80
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) while the Dtoscilator is entering on the over sold zone, it will be a new chance for a rally to the northside. This posible minor Wave A or 1, was corrected (if its complete) by aminor Wave 2 or B, bwetween 0.618 and 0.786 fibo retracements. i rather to say wave 1,2, it looks like more than a correction form if that s the case and possible minor wave 2 is in place at two pips above the 0.786, then possible Wave 3 or see is coming. Ill be wait for the oscilator to be in correct place to extend this analysis Kindest regards Attached Thumbnails