Here’s my wave 5 from hell……
I believe wave 5 is expanding so many times, it’s making my head spin! in fact, I don’t even think it’s done yet. Yes, there’s ANOTHER leg down perhaps before it will finish its wave… boy I certainly hope so!
Technical Analysis of the Forex Spot Markets using Elliott Waves, Chart Patterns, Candlesticks and other tools. Disclaimer: None of the comments in this blog shall be construed as professional trading or investment advice.
Tuesday, May 15, 2012
EURUSD Forecast Update (15 May 2012)
Prices have entered my trading zone below 1.2870, and the strength of the move down is pretty strong! I’ve decided to look at a smaller time-frame - 5mins! (it’s a bad idea at times, I know!)
Here’s my wave 5 from hell……
I believe wave 5 is expanding so many times, it’s making my head spin! in fact, I don’t even think it’s done yet. Yes, there’s ANOTHER leg down perhaps before it will finish its wave… boy I certainly hope so!
Here’s my wave 5 from hell……
I believe wave 5 is expanding so many times, it’s making my head spin! in fact, I don’t even think it’s done yet. Yes, there’s ANOTHER leg down perhaps before it will finish its wave… boy I certainly hope so!
