if price don't go below 1.3025 should make new high Long

FX:EURUSD1

Euro Fx/U.S. DollarFXCM

Description

⋅ Mar 12, 2013 2:39 PM

Fast elliott wave count of what appears an up five.

Comments

7pasos

⋅ Mar 12, 2013 4:21 PM

Here the chart referred previously tradingview.com/v/GN01Njkg/

DrFX

⋅ Mar 12, 2013 4:19 PM

I was looking at this also, it must be an abc forming the end of a larger b wave?

7pasos

⋅ Mar 12, 2013 4:21 PM

I think more about the chart published here tradingview.com/v/GN01Njkg/

7pasos

⋅ Mar 12, 2013 4:03 PM

Well no entrance was provided by the price movement, then remain 2 possibilities: 1) The wave iii will be extended and there for the price if fails to break 1.2998 was making a 2)) wave for wave iii, 2) (the most probable) the Wave (ii) from high b)) was a double tree and breaking the 1.2998 this idea will be more probable yet.