Showing posts with label wave C. Show all posts
Showing posts with label wave C. Show all posts

Tuesday, August 21, 2012

First zigzag at 1.24870, correction could be deeper

Below picture, watching it carefully..


Above picture, Yellow W is first zigzag ended, we are going to see down-side correction..

WHITE Y is consisting of extended C..

This means, correction could be deeper around 1.23900 area but Surely another zigzag is in position.


Ray.


Friday, August 17, 2012

The target for wave C

Now I will see the spike for up-side in eur/usd for the next week
Wave A's 0.618 is around 1.25500 & 38.2% retracement of 3rd wave is as well at 1.25500.
And importantly the target for wave C.




What kind of wave it could be?
It shouldn't be those double zigzags since its a different phase coming.
I am most probably betting an Impulse from 1.22600 area...
Its a bet, but it could be anything..

You soared & roamed
You soared(A) & confused(B)
Now Roar(C)?

You got direction, you are starving for it. what you will do?

Ray.

(just a probability)