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Thread: Elliot Wave Trading

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#751 (permalink)

09-20-2007, 08:41 AM

spin the o spin the o is offline

Member

Join Date: Sep 2007

Posts: 105

spin the o is an unknown quantity at this point

eurcad

Picolo I would love to agree with you 'cause I'm pretty exposed to euros yet have no control over that (long story), but one conclusion seems obvious to me, even in your bear count, that the C wave down is far from over, which means your proposed wave (2) could retrace all of wave (1).

And I'm not so sure about that leading diagonal of yours. Waves 3 and 5 are ugly as hell for impulses, wave 4 bottomed lower than wave 2...Makes me think this could be a "3".

Spin

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