09.09.10 - EUR/USD
This is my smaller TF on E/U ew counts.
Since the downtrend is the dominant market direction, expect a bias to the downside. With this wave c expanded flat of wave 4, i expected that it had take placed at 1.276. ( C = FE 162% x A also 4 = 38% of 3)

*If 1 = 3 or 3 = 0.62% x 1 . Suspect an ABC.
C = expanded flat (failure of a 3 wave) on 3 = 4.62% x 1 at 1.267.

BTW... avoid this counts if UTL broke...