DislikedI'm a buyer at 4000. Don't know why you guys are all so keen on buying in the 3800s... my analysis shows Fib confluence right at 4010... based on 4H... depends on where you plot it I suppose and of course, each broker is different.
From what I've seen, when you are in a strong trend, price doesn't fall back to 50% on dailys that often. It's usually a 4H 50% thing... besides... 4000 is a huge psychological area... there will be a lot of buyers there...
Of course...
I could be wroooooong....Ignored
I will be placing a trailing stop buy at 50 pips soon (hopefully below 1.4), in my mind this should be a good sign for a bounce.
Of course I could be totally wrong...