DislikedEU:
The blue and red S&R lines were taken from H4. Note the last Sonic R. move up. PA has not made it to FE 79%; a sign of weakness. Note the sudden high volume bar (dark blue) for the small body candle at the highs. This could be heavy trading representing closing of longs, and/or opening of shorts. Note the subsequent large body bear candle.....
.....we may be looking at a downside move in the London session. Though, that does not mean the BBs will not work the price back up before such a move begins.
WARNING: Speculation.Ignored
yep... took that ride up for 60+ pips off that bounce I was concerned about. Got tired of watching it and put in a SL. HEHE and just let it ride until this morning.