Thursday, March 17, 2011

The 1.40 struggle

The triangle was allready complete at the last update, but there's a small problem. Price goes above the B-D line of the triangle , that's why i thought the triangle would be bigger. If the triangle is the correct count, it looks as if the wave Y that came after the triangle has finished aswell. Look for a wave B to take price a little lower over the next hours. An alternate count is that there is no triangle, just a lot of complex price action and an unfinished wave Y.

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