hi, eu in an interesting spot IMO...driving me nuts as i've been giving back all the gains i made this week so far to end up after 2 days being flat...
IMO its hard to make a call for direction. The daily looks like it wants to go up wiht value progressing higher thru all 3 sessions today and with 'p' shaped profiles the last 2 days. I think it'll make a run at the WIBH @4480 (EDIT: 4440 is WIBH), but can not say if we go further at the moment.
The weekly shows EU stuck between 2 LVNs. If the top one breaks EU should head first to 4530 but ultimately 4630 which is the weekly DIBH + last weeks VAL. If the weekly DIBL breaks successfully then we could see another big drop.
I'm currently long biased, but treading lightly...
IMO its hard to make a call for direction. The daily looks like it wants to go up wiht value progressing higher thru all 3 sessions today and with 'p' shaped profiles the last 2 days. I think it'll make a run at the WIBH @4480 (EDIT: 4440 is WIBH), but can not say if we go further at the moment.
The weekly shows EU stuck between 2 LVNs. If the top one breaks EU should head first to 4530 but ultimately 4630 which is the weekly DIBH + last weeks VAL. If the weekly DIBL breaks successfully then we could see another big drop.
I'm currently long biased, but treading lightly...
Change is the only constant