This blog is dedicated to my analysis of the GBPUSD currency pair. My primary analysis tool is Elliott wave theory in combination with a proprietary moving average (Jurik JMA) and a custom MACD setting. I make updates as warranted.
IMPORTANT NOTE: I use a dot in front of the number or letter to denote the character is in a circle, per correct wave notation.
Friday, December 18, 2009
Minor Wave 4 complete
Looks like that was it for wave 4. Wave 5 has begun. if it reaches wave equality. We should be looking for 600 pips in total whcih gives a target of 1.5648
No comments:
Post a Comment