Elliot Wave Analysis for intraday-long term trade.


Dec 23, 2012
eur usd intraday-long term analysis 21-12-2012

sell eur/usd at 1.3170, sl= 1.3310, Tp-1= 1.3107, tp-2= 1.2992, tp-3= 1.2762
eur/usd have completed wave 1 and wave 2 in 4 hour chart. now is following wave 3.
(gbp/usd will follow same sell trend).

look at my previous daily chart buy signal and projected tp-2. from where price retraced.
this daily chart shows the completion of wave 5.
so daily signal of eur/usd is also changed to sell.

weekly chart where projected price level for 50% retracement is shown as completion of wave 4.

weekly chart for new price projection. this can take 4+ months to reach tp-2.
where wave 4 has been completed and wave 5 has been started.

[Edited by moderator: broken links removed]