dojitrader

EW Principle of Alternation Suggests No Repetition But . . . ??

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FX:EURJPY   歐元 / 日圓
1
Looks like I will not get the long opportunity I was hoping
for with the open,
BUT,
if this turns into another 3-3-5 flat then there will be
a good opportunity for a low risk short.
The principle of alternation says that his should be
something other than another flat - perhaps a triangle.
And yet, it looks too good to ignore a possible repeat.
The risk is low to find out ~~~~~~
{{I wanted the long entry if the alternate count is correct}}
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