Last night when I was working with Suncor chart I spotted in one of my screen that GB-Yen have likely contracting triangle and opened short for it.
I was watching it some time is it going to take my stops away from it, you see when applying those complex EW patterns this theory is very well written, in the bullish case it would take one down from there also just to invalidate it later. There is many places where EW alternation tends to be the same to offer good entries.
I labelled it for myself as ABCDE bearish cont. triangle but this was actually R.N Elliott 9 wave triangle.
Closing it now & likely spending that also in US stockmarket today ;).
EW is amazing.
