However... on the monthly chart below we MUST NOT forget that this bullish move is still only a part of a "retest" to previous highs after the breakout... Remember: as long as candles are below 1.2038 for upcoming month bears will always be lurking in the shadows..
Overall I play along with bulls for now BUT month has not ended yet.. 1.1818 can still be attacked.. So we must keep an eye on how deep any bearish pullback goes.. To me 1.1831 is still most important level for this month! A close above good for bulls.. a close below and bears are back with their claws.. Let's see..
Be a seer, not a looker!
Ata's Trend Hunter V3.5 All Time Return:
80.1%
4