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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 31 May 2013

AUDCAD

That leg down went too far to be an expanded flat in the 4th wave. Back to the contracting diagonal but with that being the 3rd in the 5th. If price just zips out of the top of the diagonal then so be it, although I am lost on the count then due to the structure as I see it. As long as up keeps coming, then I am happy whatever the count.
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