Quick Update for H4
- Overall, I added an ellipse to my chart setup. Now we can see where nearest resistance sits: ~1.0787 area roughly!
- If bulls go for a stop hunt so be it. But later I eventually expect a dive down from 1.0815 levels. (Just a possibility! Not a must, especially as long as candles stay inside the ellipse this pair stays range bound!)
Happy new trading week to all.. See you hopefully after London opening..
Cheers
Focus only on what truly matters!
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