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 22 May 2014

#EURUSD $EURUSD #trading #Elliottwave

Slow action is usually a 'b' wave and in this possible count of mine, it is a 'b' wave in the 4th leg of a contracting triangle. If the low holds tonight, might just be the answer. As such, up to 1.3703 ish and then down to 1.3610 to conclude matters. We shall see.
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