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, 23 January 2014

EURUSD

Another opportunity missed for the bears there and the higher lows continue to hold. The trend line from 1.3892 is getting closer and closer and there is a possible 1-2,i-ii count from the 1.3506 low, suggesting the break out will be a 3rd wave. The momentum cluster looks like it could support a thrust and my targets are the same as they were on Monday: 1.3744-1.3818.

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