My Count tells me we are in a wave 3 of a larger dregree within that 3rd wave we have an impulsive 1 and presently we are pulling back into a complex WXY Corrective 2nd wave of a less degree looking for may be 50% pull back to 81.15 //80.95 zone.. Hopefully the Bearish Butterfly is our 1st indicatin of this.
AUDJPY 4hrs 22/08/2012
we are now left with a 50/50 choice up or down as the bulls and bears tussle for power. we aslo have a bullish elwave count from previous post exit @ 82.17
I do believe you r correct!
ReplyDeleteI do believe you r correct!
ReplyDelete