Tuesday, February 09, 2010 9:35:43 PM
Hey pennies, nice trading today.
Let me know what you think of this 4hr EU chart please.
From what I see if it fails to break the 1.3850 area then a reversal should happen and go below 1.3500. On the other hand if it breaks that area, .618fib, then a test of 1.4000 area might happen.
I have been getting help with the numbering by looking at the charts on EW.com. This looks good for a completion of this 4th wave, there are 5 mini waves within it I think.
Let me know what you think of this 4hr EU chart please.
From what I see if it fails to break the 1.3850 area then a reversal should happen and go below 1.3500. On the other hand if it breaks that area, .618fib, then a test of 1.4000 area might happen.
I have been getting help with the numbering by looking at the charts on EW.com. This looks good for a completion of this 4th wave, there are 5 mini waves within it I think.
Hope we all have good trading days!
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
