I'm looking to buy above 1.9726 or sell below 1.9666 if that counts...
And I'm thinking more about selling than buying because we're hanging out mostly on the short side of the intraday range from yesterday and the swing that's started to take shape in the last 3 hours has made a failure to get up much beyond intraday pivot, now it's threatening the intraday short again.
But whichever way it goes is fine with me. One's a scalp the other's a scalp with more potential.
And it's all subjective (damn fibs) because if I pull the intraday fib across the last 2 days instead of 1 day, the range we're in right now is bouncing off the long level and looks to support a long move rather than a short.
That's why I take whatever comes and deal with it.
And I'm thinking more about selling than buying because we're hanging out mostly on the short side of the intraday range from yesterday and the swing that's started to take shape in the last 3 hours has made a failure to get up much beyond intraday pivot, now it's threatening the intraday short again.
But whichever way it goes is fine with me. One's a scalp the other's a scalp with more potential.
And it's all subjective (damn fibs) because if I pull the intraday fib across the last 2 days instead of 1 day, the range we're in right now is bouncing off the long level and looks to support a long move rather than a short.
That's why I take whatever comes and deal with it.
"Support and Resistance either holds or it doesn't."
-Anonymous hillbilly