- July 13, 2011
- Posted by: Ramki Ramakrishnan
- Category: Euro
The value of going back to the bigger picture is illustrated by yesterday’s moves. We were focusing on the 1 minute chart trying to capture a decline to 1.4050, and missed out the bigger poetntial to the upside because of the completion of an extended 5th wave from the top. Take a look at these two charts and you will understand.