On Daily chart Money Flow Index says no one is buying hard this bounce...
Seb
Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/11/eurusd-h1-h4-update_19.html
Monday, November 19, 2012
EUR/USD H1,H4 & Daily Update
Due to the reasons I have stated on Friday on one of the posts here, I can not label wave W as impulsive wave 1 due to wave 1-4 overlapse. So I have figured out some kind of complex corection is playing out. Only if we break through and close over 1.2900 level my count would fail.
On Daily chart Money Flow Index says no one is buying hard this bounce...
Seb
Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/11/eurusd-h1-h4-update_19.html
On Daily chart Money Flow Index says no one is buying hard this bounce...
Seb
Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/11/eurusd-h1-h4-update_19.html
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