The weekly MMA trend has held firm all day despite a good look at the other side. The commitment of the bears has been deafening, and I keep looking over my shoulder, but for now price is looking ready to breakout from the 'b' top trendline emanating from 1.3698. There is another at 1.3600 that is the 1.3892 to 1.3698 trendline, but one step at a time.
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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