Beautiful MyWave on a 3 month setting. Please refer to EW count on right of page for proposed 'b' wave ending somewhere around here and a drop into the 1.3440 zone. The lack of upward thrust would suggest the Wave remains in tact and that further drops are to be expected, given the momentum study position.
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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.
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