Disliked{quote} It's telling me we are in a downtrend, 15m 200MA currently sits at 12485. Hence, we could pullback up to that level. That is essentially what D1 price action shows. If we continue down, then by tomorrow it will be much lower and going back up to that level would require a trend reversal. If D1 closes anywhere above 1.2308, THEN it can be considered a LIKELY failure to make the down continuation and a reversal to an up trend has LIKELY already begun by then. However, it is also possible that price will simply range between the D1 prior swing...Ignored
Again, thanks for the input. I have a lot to learn!