What Does a Fractal Look Like?
Thursday, May 26, 2011
A slight change in the leading diagonal since last update.
We are in a very important point, market is testing (trying to breach) the LTD that lasts for 9 months. The EUR/USD is also flirting with the possible neck line (see last update).
If we breach down this levels market could move fast, so , if this count is correct tomorrow we must see a sell-off.
Monday, May 23, 2011
Wednesday, May 18, 2011
Monday, May 16, 2011
Friday, May 13, 2011
A diferent chart today. Is the weekly
At the bottom of 2009 we had a bullish "engulfing" pattern. Now we have a bearish "piercing" line.
Now we are seeing a series of bearish divergencies similar to the bullish ones in 2009, but we still need to break the 1250 level to a confirmation.
Wednesday, May 11, 2011
Friday, May 6, 2011
Tuesday, May 3, 2011
EDIT: I want to sayed wave d or iv and not wave c or iii.