Quite like the look of this.
Downtrend slowed and formed Daily pin for longs but rather trapped. Pass.
1.90 level tested and back down to demand level at head of pin which has formed BOUB right on the 1.90. Break of this is clear of some of the traffic.
If PBT&CA and can move above the weekly levels we could have a decent climb.
Weekly has a pin formed and if we get more bullish closes we'll get a (rather small) Monthly pin too. Any thoughts welcome
Downtrend slowed and formed Daily pin for longs but rather trapped. Pass.
1.90 level tested and back down to demand level at head of pin which has formed BOUB right on the 1.90. Break of this is clear of some of the traffic.
If PBT&CA and can move above the weekly levels we could have a decent climb.
Weekly has a pin formed and if we get more bullish closes we'll get a (rather small) Monthly pin too. Any thoughts welcome