Dislikedquote...... I don’t think it’s working in this instance. Momentum is too strong and it will probably rally to 1.2550. It is also non-farm payroll today, so that makes technicals less reliable.Ignored
I know momentum is strong because of how price is behaving on lower time frames. But this can change any minute, of course.
If you check previous posts you’ll find a warning a sent you on a 3 candle pattern you found on GU. The reason was similar to this one (and it was a Friday I recall, which are tricky days).
1