Since we just overlapped wave 1 and the Euro chose to take the highroad I'm bailing from this count. I'll be back with an update later. It looks like a larger ABC is in the works.
I'm just going to update this post rather than continue to create more. The chart above is the 15 minute Euro. This junction is critical as it could go either way. I expanded the upward pitchfork and created a tenative downward fork. It maybe nothing more than wishful thinking. The next few minutes will tell the story.
The Euro is in an uptrend, so I'm a little concerned, but this is how I'm counting the wave.
Please read my comments for further updates.
I'd like to hear your comments, so please feel free to offer your opinions.
Analysis presented on this blog has only informational and educational purpose and does not represent a proposal for buying or selling currency contracts.