Friday, December 11, 2009

GBPUSD Update


The waves are too choppy to count as wave iii so it's possible GBPUSD is doing a double zig zag. The bearish option is wave i of iii is underway as a leading diagonal (replace c for a; x for b and now c is underway).

P.S. My last charts in SPX still in play. You can see these at here.

1 comment:

  1. Hello marketwaves,

    Great to see you had expanded for currencies to apply waves. SPX is far too boring anyway (nowdays, last 6 months). ;)

    Btw. the diamond pattern you posted for SPX earlier was most beautifull diamond I never had saw as diamond. I saw that post just now since I´ve been busy with my own waves and not much time in the web recently.

    Enjoy your weekend,

    Mika

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