H1 average is on the ascendency. Indeed, H1 average swing low at 2730 and H1 average swing high at 2765 are now on the radar.
However both M15 and H1 closed last Friday with Regular and Alan’s divergences each. This suggests that whereas GU is keen to fly to the roof, the realities on the ground are not in agreement. In effect, we have a dicey situation at the moment but we await the market to open for the last trading day in 2018.
Last Friday, the daily range in GU was 73 pips, with Alan’s system bouncing real good. M30’s Alan’s divergence signalled the 33 pip southward trip at 600 hours GMT while M15’s Alan’s divergence at 945 hours GMT ushered in the 63 pip northern journey.
However both M15 and H1 closed last Friday with Regular and Alan’s divergences each. This suggests that whereas GU is keen to fly to the roof, the realities on the ground are not in agreement. In effect, we have a dicey situation at the moment but we await the market to open for the last trading day in 2018.
Last Friday, the daily range in GU was 73 pips, with Alan’s system bouncing real good. M30’s Alan’s divergence signalled the 33 pip southward trip at 600 hours GMT while M15’s Alan’s divergence at 945 hours GMT ushered in the 63 pip northern journey.