I have some data feed issues this morning, so just a quick one to point out that Monthly R1 stands at 1.3707 and all of the weekly pivots are below this with the R3 being at 1.3697. This seems to fit my ending diagonal thesis from last week, but I'll be fading the longs out from 1.3650, me thinks unless we get something quicker than this price action.
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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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