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.

Thursday, 21 November 2013

EURUSD

Price is making upward progress and now sits at the FLD created in the 4pip range chart when the 'A' & 'B' waves were formed (or 1 & 2) - there are two peaks that create a trend line if joined together. Notwithstanding the eventual decision of the market regarding direction, this particular line in the sky appears to be being validated as a resistance line right now.

Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)