Saturday, July 17, 2010

Short term EUR/USD

So, no surprise, we're in the red scenario. I should recognize, it's a bit more rapid than I would have expected, but never mind, the corrections are always fast and furious. And we've just passed the strongest part of it - the 3d of the 3d of the C.
The count and the projections are shown on the chart:


2 comments:

  1. The 129.38 high in the EUR/USD on July 16, 2010, completes a A,B,C wave up, that is an Elliott Wave 5 of 5 up from 1.2151

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  2. So, if I've got it right, the entire correction is done and we're going south?

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