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.
Posted by Robert Campbell at 14:44