thanx for your compliment ............
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http://i38.tinypic.com/2wpuuzr.jpg
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DislikedEur/Usd
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Probable Wave-Count
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( Double click on chart to enlarge )Ignored
DislikedI see some big reversal in the counts, many majors - like EUR-USD, are completing terminal diagonals. Swissy also, same with S&P 500, Oil and Gold, and USD Index. Which pretty much means everything major that was wondering how the 4th wave is going to end, so a big 5th can begin. Well, the 4th ended weeks ago, and the 5th is nearly complete.
When? I estimate before this weekend, Thursday - Friday. It should not take too many hours to finish this off, except if the 5th extends, then it may go a couple more days. It could be as soon as Wednesday...Ignored
In any case, I'm not yet expecting a bigger move up, price still has to complete the cycle. If this is the case, then also swissie needs to make one more move up, perhaps to 1.26 level.
It seems we have a head and shoulders forming up, which would suggest further downmoves.
Disliked
That looks like a clear correction, which is about to be completed. A couple of comments though...
Also I'm a little sceptical if wave B is complete. It looks good, but it lacks a decent support, so I expect it to drift a little lower, to 92.4. But this is my speculation, from ew viewpoint everything in wB is ok.Ignored
DislikedLooks like wave B is about to complete (or continue as a triple ZZ, which is less likely imo). Target for the next move is still the same, near 92.4Ignored
DislikedLooks like wave B is about to complete (or continue as a triple ZZ, which is less likely imo). Target for the next move is still the same, near 92.4
AttachmentIgnored
DislikedLooks like wave B is about to complete (or continue as a triple ZZ, which is less likely imo). Target for the next move is still the same, near 92.4Ignored