DislikedQuick Revisit to Monthly Here we can see how important 1.0603 area was as resistance. Notice the small-tall-small candle formation. To me that signals bull exhaustion (Not a guarantee, but usually, if it is true, trends often reverse inside the next month: January in our case!) I personally believe that bulls are slowly coming to an end before price drops back to 1.0140 area inside January... But because this month's candle is still incomplete, we must trade based on "what we see" on smaller timeframes. Therefore, I keep following my M30 chart and...Ignored
Half of the time, the market is building resistance and support levels, and