In leveraged markets this kind of overlapse can be acceptable by come Elliottisians, but here I would like to point out that rest of the waves create a very nice, regular impulsive pattern, just this middle of wave 3 is a little skewed. Alternative labeling of this wave c would be an ABC to the downside but overall "look" of ths wave is clearly impulsive.
Nevertheless, let's see where we can go with that.
Time will tell.
Seb
Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/11/eurjpy-h4-update_14.html
No comments:
Post a Comment