It looks like finally EURUSD has reversed for the 4th wave.
According to my observations, fifth wave is usually over around 76.4th-88.2th Fibo expansions of 3rd wave. We can see also divergence. Most probable retracement is toward 38.2th level. I' d like to see the retracement toward 50th level - around the end of iv in 3.
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Comment by Jacobson MAthew on June 3, 2012 at 7:21am -
lets see your chart. & then understand what you are tring to convey
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Comment by Alex Zalts on June 3, 2012 at 7:27am
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These are Elliot waves. Ask me what is unclear, and I'll explain my calculation.
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Comment by Alex Zalts on June 3, 2012 at 8:07am
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Just click the link eurusd.gif and you'll see the chart.
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Comment by Manish Patadia on June 3, 2012 at 1:01pm
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where is asad rizvi
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