G/M
3rd bearish daily candle in a row printed yesterday and a bearish follow thru to a new Lo so far today.
Price makes a new lo (5938) in the overnight session just below yesterday's 6943 Lo following the pullback off that 5943 to the previous 1hr/4hr swing hi zone where supply was found. Demand at said 5938 has seen price challenge the steepest descending 1hr trend line / 38.2% 6018-5938.
Below current daily lo:
5935 Daily S1 @/around
5925-10 prev 1hr/4hr/daily swing lo zone
5902 Daily S2 @/around
5878 61.8% 5343-6746
5860 Daily S3 @/around
5848 61.8% 5290-5746
5832-18 previous Daily swing lo zone inc Weekly S2 @/around 5824
5802 Monthly S1 @/around
5790-44 previous Daily swing lo zone, Daily S3 @/around 5790
Price remains in an opa downtrend on 1hr/4hr with 1hr 100sma converging on it's 200sma possibly for a cross down ,? 4hr 100sma remains below it's 200sma.
Uk data @ 0930am London and of course U.s Nfp data etc later.
G/L
3rd bearish daily candle in a row printed yesterday and a bearish follow thru to a new Lo so far today.
Price makes a new lo (5938) in the overnight session just below yesterday's 6943 Lo following the pullback off that 5943 to the previous 1hr/4hr swing hi zone where supply was found. Demand at said 5938 has seen price challenge the steepest descending 1hr trend line / 38.2% 6018-5938.
Below current daily lo:
5935 Daily S1 @/around
5925-10 prev 1hr/4hr/daily swing lo zone
5902 Daily S2 @/around
5878 61.8% 5343-6746
5860 Daily S3 @/around
5848 61.8% 5290-5746
5832-18 previous Daily swing lo zone inc Weekly S2 @/around 5824
5802 Monthly S1 @/around
5790-44 previous Daily swing lo zone, Daily S3 @/around 5790
Price remains in an opa downtrend on 1hr/4hr with 1hr 100sma converging on it's 200sma possibly for a cross down ,? 4hr 100sma remains below it's 200sma.
Uk data @ 0930am London and of course U.s Nfp data etc later.
G/L
Attached Image
ex member