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DrFX
Oct 21, 2012 5:49 PM

Possible bearish Elliott Wave count for Euro if 1.299 is lost. 

Euro Fx/U.S. DollarFXCM

Description

Scenario to watch for if the move higher fails next week and breaks 1.299 which is the bullish count wave 1 top.
Comments
DrFX
hang on!
DrFX
1.299 gone is it also possible that B is a truncated 5th?
DrFX
This scenario is looking more likely, struggling to find motive waves for a bullish count.
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