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Old 11-09-2009, 07:22 PM
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stanchiam stanchiam is offline now
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eurusd 30 min chart

Seems like triangle formed. Will be expecting another push higher.

Wave 1 around 100 pips, therefore target will be around 1.5 + 100pips or + 100x1.618
wave e must not close below c

Update: count invalidated and might become a flag. Long around 970, will still wait for it to close above 1.5012 to add more long.
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Last edited by stanchiam; 11-09-2009 at 07:52 PM..
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