Novice Elliott Trader

Chart-2

comment on this chart

this is my opinion on eur/usd daily chart
Note how both wave 1 and 3 touches 38,2% / 78,6% retracements and wave a “rest” on fib’s first arc. From what I heard, news from America are coming bad, and thus I believe that this is probably the begging of wave c.
Ps. New to Elliot wave to
http://picnac.com/images/4570eur_usd.jpg

Wave C of wave B of longer Flat Correction may be an extended Wave.

May be this is the future senireo of euro.

We are in the long term downtrend of Gbp.

This may be the future senireo of Euro.

End of wave 5

This may be the Future senireo of Euro.

This also may be possible.

This may happen for Euro.

This may the future senireo of euro.

Chart-2

Gbp may continue its downtrend.

Gbp may go down.

This may be the future senireo of euro.

Wave 4 of wave 5 is an irrugular correction.

Wave 4 may go upto 1.3130.

gbp maybe in wave c of wave 2.

May be this is the end of wave 5 of wave c of wave b.