EURUSD - Trends, Forecasts and Implications (Part 2) - page 73
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http://img404.imageshack.us/img404/2102/eurd1.gif
As much as we would like to be in the third wave, but unfortunately or fortunately I can say that it has not started yet. The MACD move to the plus signifies the end of the whole falling wave from the level 1.51 and most likely, this is only the first wave. At the moment the second wave is in progress.
The eura wickly. Take a look at the line chart of the euwerkli (last 4 weeks' segment) and there is a clear three-wave structure visible at the moment - finished or not it is a question of this week, but note the MA100 and the neckline - it is a strong possibility that the euw has finished only the first wave of decline and not the whole decline.
http://img693.imageshack.us/img693/8586/eurw1.gif
Euras H4
http://img3.imageshack.us/img3/567/eurh4.gif
let's see ALT_3 (I will put it in order after the full confirmation)
Since we are in a higher order wave (2) than previously thought, in which case we need a breakdown/piercing of the upper line. The reversal targets are 1.2730, but before the (3)-event they might make a false move up by a couple hundred pips (a long intraday spike for instance).
GBP H4:
http://img638.imageshack.us/img638/4549/gbph4.gif
Actually, it was the 4th until today:)))
They just have a rescheduled day off.
If anyone is interested, I can post pictures of other pairs.
Actually, it was the 4th until today:)))
They have the 4th now.
On gold(XAUUSD) interested in the picture. I thank you in advance.
What's interesting there?)))
You can see in the drawing that the head and shoulders are forming. Shall we go south? Who has an opinion?
By the way, at four o'clock the head is already formed. The right shoulder is forming.
You can see the head and shoulders forming in the picture. Shall we go south? Who has an opinion?
I'm on my way :))) On H4 the sell signal was already there.