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.

Friday, 17 January 2014

EURUSD

If the annual pivot is going to be avoided for a while longer, then my rolling Elliott wave count may hold the key. For sure this price action is excruciating and likely to be a 'b' wave on more than one degree. This count sees this move down as likely to end around here somewhere (perhaps just under 1.3580) and then move up to the 1.3710 zone as hoped for yesterday. So if price does not collapse, this just could be the count.

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