DislikedThe only thing that I could add to EO's great analysis is that the 1hr 200 sma was in such close proximity to the 1hr 62 that I would definitely not take the trade on first touch off the 1hr 62. I was actually long from the Asian session and shorted the breakout retest for about 20 pips as well as the flat candle trade near the top of the wick of the shooting star for 15 pips before taking a short just above the 1hr 200 at 6280. The south bound wasn't going to leave the station without me.Ignored
Can you please share with us why you choose 6280 rather than 6285 or 6299?
Dancing with Candlesticks