AynCzubas

Potential Triangle for Wave 4

FX_IDC:EURUSD   EURO / US DOLLAR
41 0 0
It occurs to me that this 4th wave could be drawing out into a triangle which could extend until the end of the year. There are certain other factors which lead me to expect a final low of $0.94-95 for the Euro             by the time this downward thrust from the 2008/9-originating "parent" triangle completes. Just making a rough estimate of what this 4th wave triangle might look like, based on developments so far, and what the thrust measurement would more or less be, it is interesting that it would seem to be targeting around the same level.
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