DislikedBreak out of inside bar yesterday,a test of lower level
and a small pull back,closing last night right at point of
break out.
Question is was the pull back short covering or real buying.
Price action over the next day or so will give us a better idea.
I think i will be buying dips early in the week but its to early
to know for sure yet.
Cheers.
Oh yea,forgot to say,we are testing a possible demand zone,
hence my preferance to long rather than short,not sure this
one will hold it yet though.Ignored
7425 should cap it.
You can remain irrational longer than you can remain solvent.