EURO continuing the update

CLIFF NOTES: in the world of Elliott Wave, a FLAT correction can be thought of as a big N.  It’s Friday night and I don’t feel like relabeling the count. Suffice it to say our target in the 1.3680-1.3700 area still holds.  I’ve tried to put the N in perspective so you can see. The key here is the C wave of the FLAT has to be 5 waves.  I can see that count playing out so an expectation to deploy capital on the short side should occur next week. It’s taken longer than I thought it would …but it is playing to the sheet of music that I’ve been reading.



Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: