Palmer,
The signal showing some resistance @ 50sma (see ellipse area) but I doubt this 1 is a false signal. Lower TFs (H1 and M15) are not agreeing each other. Just keep watching. This pair probably consolidating between PW1.3790 and PW1.3630 until next week. I could be wrong anyway.
Will depend on lower TFs (including M5) to confirm the right signal.
Cheers.
The signal showing some resistance @ 50sma (see ellipse area) but I doubt this 1 is a false signal. Lower TFs (H1 and M15) are not agreeing each other. Just keep watching. This pair probably consolidating between PW1.3790 and PW1.3630 until next week. I could be wrong anyway.
Will depend on lower TFs (including M5) to confirm the right signal.
Cheers.