Showing posts with label 3rd wave extenstions. Show all posts
Showing posts with label 3rd wave extenstions. Show all posts

Thursday, December 13, 2012

Elliott Waves Counting Update 4H

Below 4h elliott wave counting,

The most clear picture will be eur/usd is in the Last wave,5th wave finishing 3rd wave(green)

But the ECB press conference made eur to fall in ABC sequence or is it 5 wave..

Green 1 - ab
Green 2 - ab
Blue 1 - minor A n B
Blue 2 - similar ECB press conference fall
Blue 3 - Striking thrust A n B ( also comparable to blue 1 - very identical )

Blue 4 - Most probably ended at trend line touch
Are we in Blue 5? or we are seeing blue 4 as flat?

Yet to be known..

RAY