Has now tested the 61.8% target of the distance traveled from the bottom of wave 1 to the top of wave 3 added to the bottom of wave 4. This target comes in at 67.91 and the high has been 67.77 for now. I will now be looking for a break below at 63.36 and more importantly a break below support at 61.35 which confirms that an important top is in place and a major correction of the rally of the 17.55 low to the 67.77 is developing towards 55.28 as he first target.
Hi! EWS how long you follow your friends analisis?
ReplyDeletewhat you think about this their forecast of currencies when all people say euro and gbp up..and up?
https://www.dropbox.com/s/jmn2qoik15jh0mn/20140216_Extended_Report_EW-Compass%20-%20FREE%20WEEK%20EXPERIENCE%21.pdf
Hi Zink,
DeleteAs my Count is different from my friends at WaveTrack I would rather stay with my Count until proven wrong.
But one thing i for sure the bearish triangle that 99.9% of all had as there preferred Count is clearly wrong and they will now be struggeling with getting there Count to fit the bigger Picture.
Kind regards
EWS
:)
ReplyDelete