Tuesday, June 25, 2013

eur/usd 30m update

I need to adjust a little bit of yesterdays count. if you follow my count i think you will notice this. as today we see that after red wave 2 complete we can count 1,2,3,4,5 wave but based on EW rules i can't count this as red wave 3 because then wave 3 will be smaller then wave 1. notice that wave 1 is 257 pips and we still more to go to complete red wave 3 so i count this as another wave 1 and now we are traveling wave 2.