Looking for a shorting opportunity.
Looks like we still have a wave 5 up to go.
Hopefully London Open will provide an entry op.
The grey zones on chart are from my Support Resistance analysis posted on July 11th:
Looks like we still have a wave 5 up to go.
Hopefully London Open will provide an entry op.
The grey zones on chart are from my Support Resistance analysis posted on July 11th:
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Argh, I might have missed it
at least a scalp could have been had with a double top but I was not watching. Oh well, lets see what London brings
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The EW count is still plausible.
Wave 4 could come all the way down to .7300 and still be valid, but admittedly that would be a stretch. I would still like to see a higher high to declare wave 5
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2nd short fired
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SL moved to .7348
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Stop hit, for a measly 5 pips profit. oh well :(
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Possible double top at the 2.618 extension as hped
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Next probably target .73179 with .618 extension of last drop and 3.618 fib of larger tf drop
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Nice Fib confirmation
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one more Fib to break and then clear shot at my target
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Almost there s3.amazonaws.com/tra...shots/t/TZl8DnQQ.png
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