...76.4% of the mon lo - tues current hi at the tues current lo......some buyers found there...enough to stem the fall ? Bearish 1 and 2hr closes - with longer lower wicks than upper. Weekly S1 at the mon lo and a few pips under that 76.4% of 2072-2813. Will it test the mon lo ? 42% of 30 day adr travelled so far today. Weekly S2 is 2168.
...the buyers were nibbling at it - putting toe in the water so to speak - can see on this on 5min...as price approached the top of the zone leading down to yesterday's lo...made for regular bullish div to 5min as the 'rounded bottom' (oooh matron !) formed.....easy buy for a scalp + The new 4hr asc t/line is just below current dly lo in this zone and of course ascending so it will be higher on next 4hr candle if applicable. Could see a 1hr bullish hammer form here ? Sucker candle again re y/day ?