Quote:
Originally Posted by Ilovepippin
Okay, just got stopped out, thought we were in wave C already but still some more downside in B.
On the charts you see that we are now at the 50% fibo resistance. Lets see how far it goes down. Best is to wait a while.
Also look at the daily, the fibo is coming above the .20 line and last time that happened we gained 900+ pips. The candle pattern looks almost identical.
Edit: The EW chart is by Grega Horvat from the LFB forex group. (Have to name the source or I can't post it.)
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Pippin... could you provide a link to the site that has the charts with the red and green candles please.
Thanks