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, 13 June 2014

#Eurusd $eurusd #Trading #elliott wave

Price looks primed for a fall, at least to the lower bollys, although they failed to reach there yesterday. Price is rolling along the 50day trend line at the moment, but there is no room for it to push on really with the bollys hemming it in. As the chart suggests, I am working the most bearish count available to me at present, for the drop from 1.3676, but this may be just 'a' of 'B' and there is another leg up to come after the decline to the bollys. We shall see.
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)