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.

Tuesday 24 December 2013

EURUSD: moving slowy

But the proposed contracting diagonal formation still looks a fair option to follow. I am keeping an eye on that planet conjunction ahead for the New Year and with time running out until then, the diagonal does seem a neat way to put in a 'B' before the ride up into the 1.4000s. Looking for 1.3570-50 for 'iii' to push the 50% retracement zone of 1.3831 to 1.3294, before a move up to 'iv'.

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