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Monday, July 20, 2009


This first chart has the right look, and probably what most Elliotticians will show. But if the EUR/USD is up over night I have an Alt count below.

What I like about the Alt count is that it finishes at the trend line apex, and does not break the bottom trend line which has been holding strong.

I don't know if this wave is wave 1 of C or part of the B wave correction.




Analysis presented on this blog has only informational and educational purpose and does not represent a proposal for buying or selling currency contracts.

1 comment:

  1. Just in case you thought you saw a different count before; you are right. I was looking over the way I had labeled wave b and notice an error.

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