Sunday, September 9, 2012

The Hurricane called Expanding diagonal as 5th wave!

Eur/usd has invalidated the A=C for its forth wave construction.

wave A=400 pips, Wave B=200 pips, Wave C =?

There are two possibilities   C = 1.618*A   OR  C = 2*A.

If C = 1.618*A then Target is 1.28870  OR IF


C = 2*A then the Target is 1.3040.
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This is a expanding diagonal as 5th wave and its 5th wave is throwing everything UP Side..

In this entire correction as ABC, as A and B were double zigzags.
Wave C's  A is diagonal impulse, Wave B is double zigzag
and wave C's wave C is impulse with its 5th wave as diagonal and diagonal's 5th wave is the most strongest in the entire correction.

Its a Throw over, a reaction where it is more effective while its ending !
A expanding diagonal.

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