Saturday, September 12, 2009


There's a good chance the eur/usd pair is topping. In the bigger picture ( daily ) a triangle seems to be unfolding.

Looking closer to wave C (of the wave B triangle) we can see that the triple three combination, WXYXZ, is probably complete. Inside wave Z, wave Y is at 100% FIB extension, which is a casual target for double three combinations. Yes, a double three inside a triple three, just to keep things simple.