EUR/USD M30, H1, H4 Update

There are two count here: M30 and H1 charts. M30 has all the altermatove labeling on and I trat it as experimental (alt.) count to my main count on H1 - this one is already almost 2 weeks old and works perfectly.

So far the greatest problem in labeling the chart is the recent gap labeling - it can be either wave 5 to the upside or just wave b of a larger wave 4 triangle formation. Upside or downside breakout will clarify the situatin. Invalidation line on chart.


Take care,

Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/eurusd-m30-h1-h4-update_17.html