I think, EURUSD is reversed for 4th wave.

Take a look at divergence.

eurusd.gif

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Comment by talisman on May 30, 2012 at 12:26am

so where would you enter long ? is there a particular candle or set up of some kind to motivate you to enter now that you ve determined this?

Comment by Alex Zalts on May 30, 2012 at 10:08pm

My motivation was waves count and Fibo level 211.8, usually third wave is over there, but not this time)).

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