"All human activities have three distinctive features: pattern, time and ratio - all of which observe the Fibonacci Summation Series" (R.N. Elliott - "Nature's Law - the Secret of the Universe" - 1946)

Saturday, October 27, 2012

Intermarket Analysis: DAX and EURUSD

Also the German Battleship seems at the end of the bull cycle, perhaps a last bullish attack at the tops (8000-8150) and then it's likely a dip.
Only myAlternate count (2°Alt:) is bullish as long-term view.


Preferred count: temporary sideways pattern, then a new bullish wave up at least to 1.35

Have a great weekend!

1 comment:

  1. Your wave (b) green is a clear 5 waves impuse on m30 or H1 TF. It can not be a corrective wave then cos they are all 3 waves.