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.

Friday, 18 January 2013

USDCHF: alternative EW count

Making my head hurt this pair! I have extended the 4th wave into that whole structure as an expanding triangle (or maybe it is some sort of running flat (if that is the right terminology - I'll hit the books over the weekend - as a 'B' wave instead of a 4.) Either way, if D5 fights off the downward draft, this looks powerful to the upside.
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