Wednesday, October 6, 2010

10/6/10 EUR/USD


My suspicions were correct since my last post on 10/4. This was a nice looking count granted the wave 4 red out of the ending diagonal for 3 red was not as deep as I had anticipated.

Once this leg completes, we'll have to figure out if this is only wave 3 or c of a larger corrective move. Again, when I get some time, I'll post a larger view.