Monday, September 6, 2010

She's so pretty from a distance

On the 4Hour chart this count looks good and the correction seems finished. The problem is when you zoom into the smaller timeframes there are no 5 waves to be counted in wave 5 of C (see previous post, that count was invalidated). For this reason i'm being carefull calling a top, since the correction could go on to be complex. Below 1.2587 will give me more confidance that wave 3 has started.

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