I do not like the positioning of the stochs for this count, but an expanded flat in the white 'b' might be worth a shot, or it might be part of it. Definitely no long positions with MyWave like that: the 24pip range bar study is not as flighty as the lower sizes, so got to honour that bearish colour.
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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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