DislikedAnd look at your 25ma on M5, that is still telling you we are consolidating with a slight bias to the upside. Then look at the 25ma on M15 together with the 150ma that is telling you also that a short is not valid yet. Then put up a lTL on M15 and you will see where the break needs to be for a short. Then keep an eye on the SR's of H1 and your plan is set. Eyes on 5206 and 5243 for a definitive break all else is scalping.
Simples.Ignored
Agree with your price levels. I see a possible test of 1.5256 (r1) before any bear moves. SLs have to big this morning and lot sizes reduced.
Psychologically its a difficult time to trade with the supposed bad news for GB, end of month, election and a bank holiday Monday next week. Many big boys will be looking for some quick money in the next day or so.
Dazzer