Saturday, December 15, 2012

Weekly eur/usd Channels update : Triangle



Above pic eur/usd weekly
To fix the Triangle's wave E (from 1.2400), there has to be unique 2 separation of the leg E
The first one has not finished, the yellow cross mark suggest first major break of the rise since 1.2440(the begining of E), 1.37400

Then eur should reverse back in very impulsive manner to 1.33900 - 1.31500 /

From there is C wave begining of very sharp diagonal making last wave of triangle.
TARGET NO More than 1.46500.

In order to excel, you must be completely dedicated. - Willie Mays

Ray.

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