Short setup just arrived right on the lower level. The Guppy is very compressed so while its not scientific, it could be a big move down. Remember, price RIGHT NOW is almost exactly at the 50% level of its Average Daily Range. We KNOW that a chart WILL reach 75% of its ADR well over 80% of the time. In other words, we are sitting on an opportunity to bank another 140+ pips in a single move if it breaks these lines. Signs are it will be a short, but it must break this ranging zone.
So there are the 75% levels and there is the ranging band. Getting the start of short signals on the correct side of the POC so the bias is short...lets see...
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So there are the 75% levels and there is the ranging band. Getting the start of short signals on the correct side of the POC so the bias is short...lets see...
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