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:
Catatan
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
Catatan
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
Catatan
2nd short fired
Catatan
SL moved to .7348
Catatan
Stop hit, for a measly 5 pips profit. oh well :(
Catatan
Possible double top at the 2.618 extension as hped
Catatan
Next probably target .73179 with .618 extension of last drop and 3.618 fib of larger tf drop
Catatan
Nice Fib confirmation
Catatan
one more Fib to break and then clear shot at my target
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