Elliott Wave Swing buy Long

Euro Fx/U.S. DollarFXCM

Description

⋅ May 8, 2013 2:16 PM

Looking to buy red ii at one of the Fibonacci retracements. Red wave iii should be an extended wave, since red i was shorter than blue i.

Comments

FeroS

⋅ May 8, 2013 4:52 PM

I do not believe this in longer term, actually I thinjk it is a wave C of a correction 2 before downfalling

pcastela

⋅ May 8, 2013 4:58 PM

Yes, I agree with you. But first, 5 waves up within that C wave :)