I wrote yesterday, that there was a leading diagonal flavour about the overlapping move up, but I discarded it because of the next spikey legs up and down. But, having stared at it, and watched price sitting above the 1.3574 low, I wonder if we have an irregular flat as a 'b' wave. Thought I'd post it - holding long until that low gives, or somewhere higher if the MACD provides some thrust.
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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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