Tuesday, March 2, 2010

EUR/USD Update

 
I have been examining the wave count in the USDX and current price action doesn't fit with the count I just posted in the EUR/USD. I have reviewed my charts and I now think we may still be in a C leg of the final B wave with the final C down still yet to begin. I am now sitting out until I see a 5 wave move down to complete the 5th wave of the ED from which point I will be getting long.

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