This morning's long entry looking safe at the moment and stop was quickly moved to breakeven at 0.9162. I have drawn in a Pitchfork off that low and targeting the 0.9375 Harmonic Octave, in the higher reaches of the Pitchfork. If this is a 'c' wave up (albeit in a corrective of the main bearish trend) it should have some energy to it.
Please make sure you have read my disclaimer! This is a personal journey into self-tutoring in technical analysis. Did you read that Disclaimer yet?
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.
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