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Thread: EUR.CAD

  1. #11
    Senior Member
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    Oct 2004
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    hi arco

    i see where your coming from

    i would have a slightly different view based on elliot count

    this wave down from 163 24 appears to be corrective and on bigger count a 4th wave

    this flat correction should end at 4th wave of smaller degree , which is where its at now

    so a few other things too(channel line and candelsticks etc ) a long from here based on

    elliot count gave a good risk reward as stop could be just below 154 low if this count is

    correct

    the entry is based on the move up being a wave 1 which has retraced to 61.8 as wave 2
    Last edited by dumbass; 10-05-2008 at 11:11 AM.

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