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Tuesday, July 26, 2011

Euro : Elliot 4th wave

After a false breakout, euro seems to break up the  triangle pattern. Could be considered as 4th  wave (Elliot Wave), and beginning to 5th wave. Target around 1.4900


 See the pattern theory below :

2 comments:

Stef said...

sepertinya teknikal saat ini tidak berpengaruh terhadap euro, fundamental yg lbh dilihat

Tyo said...

ya, saya sendiri juga agak bingung dengan pergerakan pasar akhir-akhir ini. Tidak berjalan sesuai teknikal. Saya kira anda benar, fundamental yang lebih berlaku saat ini.