DislikedG/M
After pullback to 5535 price testing area of yesterday's lo/76.4% 5411-5736, Mthly M3 pivot now - will there be a downside follow thru on yesterday and Friday's bearish thrust candles ? Uk data at 0930am London.
How strong are the bears now ?
G/LIgnored
buyers reported @ 1.5485-95 and they are done already
next buyers down are @ 1.5450 where are stops as well and more demand from arab countries are @ 1.5400-10 ...remember 1.5404 as important S
Stops will be @ 1.5400 as right below support so I would not be surprised if that one is broken today.
M30 about to form a perfect sell signal and to be honest the only buy signal I see is @ 1.5407 where the 1.5404 S line meets a trendline broken some time ago....but buy needs confirmation when we get down there.