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Old 01-01-2008, 10:50 PM
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EURUSD Corrections
There has been a lot of talk on the EUR/USD lately. EG888 was talking about the wave two and wave four corrections earlier. So below I posted the two corrections. The first was a complex correction and was in the form of an expanded flat. This took 17 days to complete. The second correction came in the form of a zig-zag. This one took 19 days to complete. So they both fit with the concept of alternation and the time to complete each was nearly the same.

The second chart is what I believe is larger wave three. I posted it only because I like the way it looks. I'm a dork like that sometimes. All of the fifth waves were extended in the larger wave three and I think that is neat. So that's pretty much the only reason I attached this chart. Sorry for my dorky habits.
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