miércoles, 30 de abril de 2008

Aussie Elliott Overview

This is a more elaborated analisys.
I am expecting Wave C unfolding towards the Fib Zone marked with black arrows.


I think this is the unfolding for the pair, having the doubt about the wave "v", because it could be placed not there but in 0.9435 level. That could be seen better in the 5 min chart.
Anyway, despite of the internal estructure, i expect the wave 5 top @ 0.9486 which is the 78.6 Fib Ret of the XA leg, from 0.9540 to 0.9291










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