I gotta admit, this price action is making my head scratch, although banking after 3 waves seems to be working for now. If we do not get a thrusting drive down, then perhaps this count might get us into a decent high at the monthly pivot R1. I do feel like I am just making it up, but have been on the right side by being bullish for weeks now, which suggests that some time soon, that might need to change!
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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