Zeheart
Short

Potential Short (Ascending Triangle)

FX:EURUSD   Euro Fx/U.S. Dollar
458 3 1
Elliot Wave (4th Wave is in its way towards the 1.3830 level) . If a false break / fakey / pin bar appear, it will be a good level to short. Which this level is quite in line with my 4H Bearish Harmonic Pattern .
If this is the case, wave 4 should be higher then wave 2. Isn't it?
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Zeheart KevinT
http://www.elliottwave.com/freeupdates/archives/2012/05/09/14-Elliott-Wave-Trading-Insights-You-Can-Use-Now.aspx#axzz2u3KjLiPD

If my EW count is correct, I will expect a false break at area 4, I am expecting a false break happen and close back below 1.3830. Sorry, I am not very good in explaining my thinking here.. hope the attached website can help to explain further and clearer. Thanks!
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snapshot


Potential Short Level is quite in line with EU 4H Harmonic pattern.
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