DislikedIn a chart, here is how I see it...
The 200EMA target on the 1hr sits at about 1.5201 current, of course subject to move with time and price, and not shown here...but the rest looks like this.
4HR...support of the 24SMA holds currently, breached but not closed below.
15m chart shows that long side was not negated by a short confirmation, and has reengaged.
30m...price above 200EMA looking to possible to drag 24SMA up for clear confirmation of long side to 1hr resistance, if not just an attack at yesterdays HOD.
A price point reaction is...Ignored
MR. MAGIX I AM AN AVID FAN OF YOUR ANALYSIS BUT IT WOULD SEEM THAT YOU DID NOT NOTICE THAT THE HOURLY CANDLE REFUSED TO CLOSE ABOVE 1.5100. THE CLOSE OF ANOTHER HOURLY CANDLE BELOW 1.5100 WILL SEND CABLE DOWN THE SEWERS AGAIN.
SCARED MONEY NEVER DOES GOOD IN FOREX