虽然大家不喜欢永不消逝的电波,不过还是要接着给你们看
EURUSD Weekly, 31 July 2006
10.07.06 We watch the wave degree “Primary”. The wave [B] is forming, the suggested structure-double zigzag (W)-(X)-(Y) Intermedite. The wave pivot (W) is formed on the “Reaction line 23,6%” of the “Andrew’s pitchfork” degree Primary. The wave pivot (X) is located on the “Lower signal line” same pitchfork . That’s why we suggest the start of the expanding of the wave (Y) with the possible target marked on the chart.
But we should note that the pair has not left yet the descending “Andrew’s pitchfork” degree Intermediate. Although the dynamic Andrew’s pitchfork is drawn.
17.07.06 Generally the wave picture has not changed much. The pair is trading in the range around the level “50%-Median line” of the “Andrew’s pitchfork” degree “Intermediate” in the ascending channel, which is limited by the “Reaction line 61,8%” and the “Reaction line 76,4%” same pitchfork.
The pair is trying to test for the second time the level “50%-Median line” in the descending move.
We should pay attention that through this cross point of the “Reaction line 23,6%” of the dynamic pitchfork and the “Lower signal line” of the ascending “Andrew’s pitchfork” degree “Intermediate”
comes the level SKEWER, and under it we see level “50%-Median line” of the dynamic pitchfork.
If the pair breaks this levels, we may see the descending move towards the level “50%-Median line” of the descending “Andrew’s pitchfork” degree “Primary”.
The wave picture on this level has not changed much, the pair is over the level “50%-Median line” of the ascending “Andrew’s pitchfork” degree “Intermediate”. |