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Reply With QuoteAlternatively, I am also watching this TL on H1 and H4 to see if it will hold on the next pull back.
Kor, that looks interesting...but I'd really like to see another push down to 2350ish areaOriginally Posted by kor4x
Alternatively, I am also watching this TL on H1 and H4 to see if it will hold on the next pull back.
I went long with 2 positions. 1 is already closed with a profit and second got its SL below the X point.
Elliott Wave count by Magictrader from Forex - analizy, komentarze, transakcje ::..: EURUSD D1
Volume analysis prepared by CockyAmoeba for the Gartley pattern above
It might find support somewhere near the bottom half of the nose of the H4 pin bar from June 1st. Around the 2300 area. If this Gartley plays out 2500 is within its reach. Fundamentals are weak though!
But be careful as potential for 2200 during this correction also exists.
Last edited by duggils; 07-06-2012 at 01:02 PM.
Went short at 264 this morning......
A rally to 1390 - 1400 should be the final up move? Let's wait and see...
I feared the news reactions and didn't get in until 1.0246.
Taking some profits at the 200 level. Will add to shorts on a retrace to the TL on H1. Minimum target is 130 to 140.
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