General overview for 08/12/2014 11:50 CET
This pair keeps making fresh lows and it is quite possible that the level of 1.2167 will be the first target for the week but the pressure to the upside is increasing. Currently it is quite hard to count on the waves as there are many labeling possible including an Ending Diagonal on higher time frames. There are three zones indicated on H1 chart and only a breakout above of any…Continue
Added by ElliottFxTrader on December 4, 2014 at 9:19am — No Comments
General overview for 28/11/2014
The impulsive wave progression to the downside triggered by the lack of a decision on OPEC meeting is still in progress as the wave 3 is getting extended to the downside. Please notice that from a bigger point of view on this Weekly chart, there is missing wave 5 to the downside to complete the Irregular Flat corrective cycle in big wave X. The One-to-One market geometry, marked in red rectangle on chart, and the demand zone between levels of 67.06 -…Continue
Added by ElliottFxTrader on December 2, 2014 at 10:30am — No Comments
This has been posted on one of my VIP Service blogs couple a days ago.
Charts speaks for themselves.
PS: More on my blog: http://elliottfxtrader.blogspot.com/…Continue
Added by ElliottFxTrader on March 14, 2013 at 7:24pm — No Comments