DislikedIf you switch to the 1 hr chart and draw a support line at 1.0555 you'll see there's as good support level for the bulls. and its holding quite well, donot short around this area.Ignored
It is to add to the idea of "support" and is in the spirit of the friendly "support", respect (without insulting/demeaning of any kind/etc), and constructive sharing mood that this great moderated thread inspires, thanks to its moderator, Ata, without who I would not be here :
I agree there is some sign of support here, but I prefer to wait for the cycle to end to say so. It could still break right through and arrive at 0530s support (Monday battle), which would erase any signs of 0550s support on the 1H. Price back within the high wicks of the day would be, for me, enough to say it is support level.
If I don't mention SL and/or TP = longer-term setup possibly in the works!
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