ok check the monthly, note I read that monthly before it closed....
I looked & thought that was possible from past history from that zone the way it was going ,but it did go further than I thought in one go.
It actually has a range over 800 which must break all July's from the last 10 years .You cannot call swings on range information alone, long term.
I'm defiantly never going to pin it down to, it's July ,it has to happen September...I think that discussion is over now, market proved it.
Theres something very unusual on the chart and that is a massive 1000 pip wick that allows the unusual .Market condition is range without that below support spike.
Reading higher tf before close is not the same as say an hour. Because it take's so much time ,you have that time to think about it.
If you do consider it for a moment, there be a whole host of other TF that that support it, but it's not always possible, these are much more reliable TF's since theres so much more data.
You can't with confidence say the next candle will be small like before yet.
I looked & thought that was possible from past history from that zone the way it was going ,but it did go further than I thought in one go.
It actually has a range over 800 which must break all July's from the last 10 years .You cannot call swings on range information alone, long term.
I'm defiantly never going to pin it down to, it's July ,it has to happen September...I think that discussion is over now, market proved it.
Theres something very unusual on the chart and that is a massive 1000 pip wick that allows the unusual .Market condition is range without that below support spike.
Reading higher tf before close is not the same as say an hour. Because it take's so much time ,you have that time to think about it.
If you do consider it for a moment, there be a whole host of other TF that that support it, but it's not always possible, these are much more reliable TF's since theres so much more data.
You can't with confidence say the next candle will be small like before yet.
#doyourownanalysisordietryin
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