Not reckon that rise up is impulsive although it may become so. I have had another go at counting this drop and as ever, the longer it goes on, the clearer it perhaps becomes. I have shifted the count a little to accommodate a bit more room for a 5th to unravel, to fit with the Yen calcs from earlier. I have covered my longs here in case of a sharp 5th wave spike for 'Claims' day and hope to bank those and uncover my longs later today or tomorrow.
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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