31 August No Bias Up move
The price is around the previous swing high. The price poked the high earlier during the Asian session yesterday. The MA is moving higher. Since the price is at the high and also it made a lower high I didn't enter from the pivot. I have placed a #3 PO to enter from the white line. If the price hold below, I will exit and start looking for short. Looking at the daily chart, the long here doesn't look very promising but I will stick to the rules and see the results.
The price is around the previous swing high. The price poked the high earlier during the Asian session yesterday. The MA is moving higher. Since the price is at the high and also it made a lower high I didn't enter from the pivot. I have placed a #3 PO to enter from the white line. If the price hold below, I will exit and start looking for short. Looking at the daily chart, the long here doesn't look very promising but I will stick to the rules and see the results.