Disliked{quote} Today low in my chart, 4155. It can be 4155 to 4250 or 4180/90 to 4100/4090. Both scenarios possible.Ignored
Analysing both scenarios...
1.4155 - 1.4250. considering the bullish end despite an initial sell off yesterday gives 1.4155 - 1.4250 more credence. I like the range here too being potential 95 pips, as the previous day's have had between 70 - 100 pips ranges. 1.4250 tentative high will also make the weekly range extend to 177 pips which has been the average range this past few weeks.
1.4180 - 1.4100/1.4090. considering we have had the week attack these levels up to 3 times already and there has been rejection, it simply means price isn't comfortable staying or attacking there at this point in time. Also noteworthy that should 1.4100/1.4090 happen today then the weekly range will only be 118 pips which doesn't tally with the lowest weekly range in the last 22 weeks being 130 pips. Hence this scenario has less credence, I may be wrong.
Data + Stat + Risk/Emotions Management
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