This blog is dedicated to my analysis of the GBPUSD currency pair. My primary analysis tool is Elliott wave theory in combination with a proprietary moving average (Jurik JMA) and a custom MACD setting. I make updates as warranted.
IMPORTANT NOTE: I use a dot in front of the number or letter to denote the character is in a circle, per correct wave notation.
Wednesday, March 24, 2010
Another View
Here is a day chart to go with the last post for additional perspective.
Love the chart - it's looking like an ending diagonal from a daily perspective. I'm going in heavy short at the end of this next retrace.
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