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Entries from October 30th, 2011
EURUSD 28th October, 2011 Video
by Hugo Venter · October 30th, 2011 · EURUSD 3 Day Analysis, EURUSD 5 Day Analysis · No Comments
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EURUSD 28th October, 2011
by Hugo Venter · October 30th, 2011 · EURUSD 3 Day Analysis, EURUSD 5 Day Analysis · No Comments
Elliott Wave chart analysis for the EURUSD for 28th October, 2011. Please click on the charts below to enlarge.
The euro has moved sideways since our last analysis and I expect that this has made the subdivisions within wave c orange clearer.
We expect that wave ii pink is unfolding as a double flat correction.
We expect to see more upwards movement to complete wave c orange which should then complete wave ii pink.
Once wave ii pink completes we should be within wave iii pink to the downside and we will then be able to calculate a possible target for wave iii pink.
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GBPUSD 28th October, 2011
by Nady Laymoud · October 30th, 2011 · GBPUSD 5 Day Analysis · No Comments
Elliott Wave chart analysis for the GBPUSD for 28th October, 2011. Please click on the charts below to enlarge.
Our last analysis expected the pound to move toward the downside before making new highs and that what we saw from the pound.
This wave count sees that we are within wave (3) black towards the downside and within wave (3) black we are done with wave 1 blue and wave 2 blue still underway.
With the latest movement in the pound it is clear that wave 2 blue is unfolding as a zigzag where waves a and b pink are complete and now we are within wave c pink towards the upside.
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GBPUSD 28th October, 2011 Video
by Nady Laymoud · October 30th, 2011 · GBPUSD 5 Day Analysis · No Comments
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EURUSD 27th October, 2011
by Hugo Venter · October 28th, 2011 · EURUSD 5 Day Analysis · 4 Comments
Elliott Wave chart analysis for the EURUSD for 27th October, 2011. Please click on the charts below to enlarge.
Our hourly wave count from yesterday was invalidated with very strong upwards movement. We expect that we could only now be entering the middle of wave c orange within wave (y) green of wave ii pink.
We expect that wave ii pink is unfolding as a double flat correction.
We expect to see more upwards movement to complete wave c orange which should then complete wave ii pink.
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EURUSD 27th October, 2011 Video
by Hugo Venter · October 28th, 2011 · EURUSD 5 Day Analysis · No Comments
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