May be we are in the larger wave c of wave A.
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- #75
- Mar 23, 2007 10:38am Mar 23, 2007 10:38am
- Joined Aug 2005 | Status: Trader | 2,217 Posts
Your charts are useful, as you are examining various possible wave hypotheses. I somewhat agree with most of your ideas. Thanks for sharing your work, fxanalyser.
I have a hard time orienting myself, however, because I can neither read the dates at the bottom or the prices at the right side, due to the poor resolution.
Would you be able to make a note on the charts of the time scale, such as 1 hour, 1 day, 4 hours, etc.? I think this would really help.
Also, if you mark the odd price then it also helps to get oriented to what you are showing.
Thanks, and keep up the good work!
I think you may be right, and we have reached the top of Wave 5, and are now descending. On the other hand, we could be at only 1-2-3-4, and be due for one more rise to do Wave 5 up before the big reversal. Even if we have done, or are near to completing Wave 1 down, we can expect a strong Wave 2 up to do a second top.
I have a hard time orienting myself, however, because I can neither read the dates at the bottom or the prices at the right side, due to the poor resolution.
Would you be able to make a note on the charts of the time scale, such as 1 hour, 1 day, 4 hours, etc.? I think this would really help.
Also, if you mark the odd price then it also helps to get oriented to what you are showing.
Thanks, and keep up the good work!
I think you may be right, and we have reached the top of Wave 5, and are now descending. On the other hand, we could be at only 1-2-3-4, and be due for one more rise to do Wave 5 up before the big reversal. Even if we have done, or are near to completing Wave 1 down, we can expect a strong Wave 2 up to do a second top.
