Monday, December 10, 2012

EUR/JPY H1 Update + TPI

Stalking this wave count for possible wave (c) /Y low. Previous wave (2) low turend out to be a flase flag event, so I came up with this one. Bullish Divergence supports the view.

Please notice that I'm trying NOT to trade corrections at all. Just the C wave of correction if there is good setup or impusle just after wave C is finished.

Possible Wave 2 low is on 11thDec between 14:00 - 19:00.

Take care,
Seb



Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/eurjpy-h1-update-tpi.html

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