This is now my expectation for the Euro. However, if price doesn't accelerate to the upside within the next couple of days, this count is too bullish, and I'll need to revise again. I'm not going to trade the Euro until my confidence in the count improves substantially. Imminent accelerated upward movement is required to confirm the count depicted above. Movement below 1.36368 makes this count unlikely. A move below 1.35260 kills it altogether. Stay tuned . .
For a longer term look at my current count, see http://sidscharts.blogspot.com/2011/02/eur-usd-february-23-2011-weekly-candles.html.
