Monday, October 10, 2011

Eur/Usd : 3 possibilities, 3 problems

I can see 3 valid possibilities at the moment:



1: Complex double three

This is the main count i've been following for a while now. Problem : Wave (X) is very small when compared to the size of the internal waves of wave (W).

2: Triangle wave X

This is probably the count Elliott Wave International has, not sure but just a guess from the free information they gave on their website. Problem : wave E of the triangle is very very small. Beside that, it's actually a nice count and wave W and Y are equal.

3: Complex double three with a large wave Y

Like count 1 but with larger wave Y. Problem : Big difference between size of wave W and Y

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