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It seems that a five-wave upwards move is over, so shorting EUR/SEK could be a safe and fast investment for the next 1-2 months. This can be seen in details on the first chart below wich is a Daily chart. However my analysis on a Weekly chart indicates that EUR/SEK will countinue in a bullish direction rest of 2014. I have also added this chart becouse it is essential for the research in general. I expect to see prices near 8.5000 3rd of February, 12:00 GMT.
Delossanのブログ
Analysis on EUR/TRY
The EUR/TRY is about to reach a new major top, and that is why i decided to make a research on this pair. The count hat i made can seem confusing so. I made some poly-lines you can follow through the price action. This is NOT a classic "Elliott Wave" count at all, as wave-4 is overlapping wave-2 slightly during wave-A ". Normally I only look at where wave-4 ends, and if there is no overlap, then I usually continue counting. -The first chart is a 2-days chart with an overall outlook. There is …