Friday, August 21, 2009

EURJPY update Feb 23, 2009

Ouch, got stopped out of the EURJPY.
The count might still be valid though, given following Elliott rule:
Wave E almost never stops at the trend line precisely, it either never reaches the trend line or it overshoots the trend line fast and temporarily. For now we need to wait to see if price falls back into the channel.

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