Thread: Sell Eur/Usd
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Old 16-05-2008, 18:11   #6702
ist
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The Drawingboard

If these patterns are to hold we will be looking back at a reversal from 5600.

On the 1hr this implies revising the original hypothesis (smaller green ellipse drawn) and instead we will expect reversal to Z (61,8% of XY) or ZZ (100% of XY). Such revision will also bring consistency between the 15min and 1hr timeframe. ZZ corresponds in time with fractal cycle last months.

IST

Deleted figures to free up space

Last edited by ist : 11-06-2008 at 17:33.
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