BullBear Trading: Stock and Financial Market Technical Analysis

The E/W count for the Euro/USD is reasonably clear but for the slow turn into wave four. A target in mid 1.38 would fit well and fits with Steven's latest Euro analysis

Euro daily 12 mar.jpg

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Comment by Steven Vincent on March 9, 2010 at 6:38pm


Hey Peter. Good to hear from you. By the way, you can embed the chart image in your post by clicking the little camera button. You can enter a URL or upload the graphic.

I am just starting to use wave counts. Layering that on top of my primary tools (patterns, trendline, moving averages, fibonacci, volume and intermarket analysis). The wave four would be a corrective wave after a 3 wave decline? I am looking for that as an opportunity to enter a long term short on Euro.

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