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.

Wednesday, 16 January 2013

EURUSD: 6.10pm

See red dotted line channel, connecting obvious points of contact. the green regression channel is live and will move down into the red channel position if price continues to decline. That bottom perimeter of the red channel sits at 1.3192 where D2 sits too. Can it? Will it? We shall see.
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