Still showing higher lows from 1.3574, notwithstanding bearish hour, 4hr & daily trends. With that daily wave sitting up at last week's high of 1.3700, I am holding out for a move higher. Nothing to lose bar my stops and they have been there since this week's low, so got used to that. The weekly regression channel continues to leak downhill but is still bullish overall. Just can not help 'feeling' there is something left in the tank for the bulls and until that stop is taken, I'll keep on hoping!
Please make sure you have read my disclaimer! This is a personal journey into self-tutoring in technical analysis. Did you read that Disclaimer yet?
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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