Daily S/R Levels for Friday
Wishing a Happy Easter in advance to all our Christian members..
Well, because of the holidays market is thin and slow, so there is not much to talk and to do about.. Hopefully I hope to continue next Wednesday or Thursday depending on volume.. That said, here are my quick thoughts:
Wishing a Happy Easter in advance to all our Christian members..
Well, because of the holidays market is thin and slow, so there is not much to talk and to do about.. Hopefully I hope to continue next Wednesday or Thursday depending on volume.. That said, here are my quick thoughts:
- I am noticing early signs of a MACD divergence and a potential bullish SHARK at these lows...
- 1.0781 is my nearest support and personally I think as long as this support holds, the shark pattern can work! IMHO, a drop below 1.0781 can put the odds of this reversal in jeopardy! So we must be careful, since nothing is for granted yet! 1.0791 is my potential lowest low for Monday!
- Intraday wise, 1.0832 is current nearest resistance, which is followed by 1.0872 and 1.0933...
- Long story short: There are subtle reversal signs but nothing for sure yet. Trade carefully!
I hope it helps.. Enjoy your holidays folks..
Focus only on what truly matters!
10