Disclaimer

Disclaimer: This blog should be read as a 'whiteboard' of my daily thoughts and ramblings and specifically not, in any way, advice to trade. My interpretation of the works of Gann, Goodman, Fibonacci, Elliott, Hurst et al; is entirely my own and should be read as such. Any opinions, news, research, analyses, prices, or other information contained in this report are provided as general market commentary, and does not constitute investment advice. I will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

Thursday 29 November 2012

EURUSD : 5.48pm

So, if the top gets taken out, where to next? Here is the grid line study - next line up for the gold parallels of the green dashed 85.4% fibfan off 1.2659, takes us to the Gann line 1.3164, top of the T4 volatility channel and the light blue fibfan parallel of the 'A' wave down from 1.3171. Looks tasty if we get the punch up now!
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