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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.

Tuesday, 10 September 2013

EURJPY

Not convinced this is a breakout at all. Does feel like a run on stops mind you, taking out last months high. I am going to re-label the triangle with this actually being 'D' completing an 'abc' - drawing in triangles too early is common and may be worth looking at before committing to the break.

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1 comment:

  1. Anonymous10 September 2013 at 07:50

    Does the presence of the gap affect your thinking on a break?

    ReplyDelete

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