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.

Tuesday, 3 June 2014

#EURUSD $EURUSD #Trading #Cyclic Phasing

Quick snapshot of the 25day and 100day Regression channels & respective FLDs - Orange for former and blue for latter. If the contracting diagonal is an ending pattern, expect initial move to test the upper perimeter of the 25day channel where the 25day & 200day FLDs sit and the up to the 100day median, where the 50day & 100day FLDs sit. I'll worry about the longer term picture, once this sequence is completed. But first, as in my last post, a possible dip towards 1.3550-1.3570.
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)