Disliked{quote} Trying another long? After we just fell straight back to support? ...I'll be looking for a short set-up.Ignored
But as you can see support seems to have shifted up slightly.
Saying that one of my setups indicates going short @ 100.60, or thereabouts with SL 101.60.
In fact we seem to be in a congestion zone, which is perhaps no surprise given the proximity of Parity.
The daily chart has formed a pennant after 8th July, the descending upper edge currently around 100.60 !!
On the 12hr price is currently running up with the 50MA.
On 4hr price is in a rising channel, on the attached chart the upper line is cloned from the lower line.
On 1hr there is a confirmed descending trendline from 19th July through yesterday's high, currently 99.95 is the entry for a 50-pip short.....
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