Daily Forex technical analysis for the major pairs Based On The Elliott Waves Principle Combined with Various Technical Indicators And Fundamentals
Thursday, May 27, 2010
VERY IMPORTANT CHART
remmeber this chart guys , i posted it a day or 2 ago ,, and watch very carefully the levels on it , i showed a move down with an arrow to 82 then bounce to new high at 8450 or 8570 , then a sharp move down ,,, it HAS BEEN WORKING PERFECTLY SO FAR WITH THE EXACT SAME LEVELS I POINTED , the only thing i left on the chart with 2 possiblities is the level where it ll hit before the fall down ,, wether its 8450 or 8570 . and i left this choice for me to decide on later as i see the price action develope ,,
well ,,, now i think i m making the last choice on this beautifull chart ,, as i posted in the most recent chart ,, i counted already 3 waves up and we r on the 4th with 5th to go , i dont think the fifth might extend further than 8450 , dont see it rallying that sharp ,, so ,,, i think my choice for the level is 8450 , but i ll be 100% sure when i see the s&p 500 testing one of the 2 resistance i shown earlier today on the chart ,, lets see where to go from here , but stay close for possible position adjustment in NY session
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thats wonderful.
ReplyDeletewill be waiting for ur clear entry signal!