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Balazs
Jul 20, 2016 8:49 PM

EURUSD - Easy as 123...45... 

Euro Fx/U.S. DollarFXCM

Description

If you can count, you can trade :)

Okay don't let that be your only requirement for trading, but here's the idea; even if we're not on the same page (ideal vs. alternative wave count) you'll notice a pattern. The first complete wave when overlapped with the second completed wave (as done so in the top right corner) showed an astonishing resemblance.

It will take some days until we start forming the next sequence (hence the neutral position thus far), but it will be interesting to see what unfolds. Now that we have a more sure standing point we can have more confidence in making the next more.
Comments
harilaos
or maybe a bearish flag, kind regards, Harry
Balazs
Yes that is a possibility:
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