EUR/USD Forex Currency Pair

So far our Elliott Wave count looks OK for EUR/USD currency pair but some things are out of sync. The end of v on 5-12-09 marks the end of wave v of (iii) of 3 of C wave. Recall that the C is the part of a Flat correction. The recent v has been corrected with Zigzag abc with c finishing at 1.3428 that happens to be previous support and also .0028 away from the Head & Shoulder target of 1.34.
This was enough for me to go long today with stop at 1.3379. The idea is that wave 4 is finished today and a new 5th wave upwards should be on its way.
The items that are potentially out of sync are that within (iii) of C wave, wave 1(515) is so far larger than wave 3 (470). Now the 5th wave better be smaller than 470 for this count to be correct.
Also, 1 of C is 1,195 pips long. So far 3 of C has travelled 835 pips. With its last impulse with limited upwards allowance of 470 from 1.3428, the 3 of C will finish at 1.39 thereby advancing 1,020 which will be less than 1,195.
It appears that the counts needs to be re-evaluated. One area to look will be 5-4 and 5-7-09.
Besides, the advance of current wave v needs to be followed for validation.


EUR/ USD hourly