DislikedLooking 150pips or so to the downside of current price:
6096 Daily S1 @/around
6095 area ascending 4hr trend line coming thru on current 4hr candle
6095-90 4hr/1hr sw lo zone incl 6095= 76.4% 6068-6181 6090 =Weekly S1 @/around
6085-79 prev 1hr sw lo zone incl 6085=85.4% 6068-6181
[ 6083-76-68 prev minor Daily/4hr/1hr sw lo zone
[ 6071-57 prev minor 4hr sw hi zone
[ 6058-48= 3 fib cluster
[ 6055-24 prev minor weekly/Daily sw hi zone (non immed) incl 6046 = Daily S2 @/around, 6045-36 = prev 4hr sw lo zone, and 6035 = Weekly S2 and...Ignored
Very possible - all of my charts that I look at show downward pressure - however, what concerns me is when I look at the 4 hour chart and see that huge bull bar that has now been retraced - there is lots of support around that 1.6075ish area - Won't be around for the morning as I have some things to take care of - so my preference would be for you guys to keep buying at these levels to hold price until I get back! Happy Pipping Today.
I don't trust any move - when you have profit...take it.