G/M,
Very bearish daily candle yesterday, the lo of the day found at the previous 4hr/1hr swing hi/lo zone from where it has pulled back. Immediately below current price as below:
[ 5480-75 ascending 4hr/1hr trennd line on this 1hr candle.
[ 5479-73 prev 1hr sw lo zone
[ 5474-66 prev 4hr/1hr sw hi (4hr to 5457) /lo zone
5434 76.4% 5360-5669
5431-26 prev 1hr sw hi x 2 incl 5431=Daily S1 @/around
5413-5404 prev 1hr sw lo zone incl 5406 = 85.4% 5360-5669
[ 5399-85-68-60 prev Dly/4hr/1hr sw lo zone
[ 5379-66 prev 1hr sw lo zone incl 5374 Weekly S1 @/around incl 5368 = Daily S2 @/around
[ 5375-65 ascending Daily trend line on this daily candle
5347 Monthly S1 @/around
5334-5314- 5270 prev Weekly/Daily/4hr sw lo zone incl 5269 = Daily S3 @/around(* 5420-5270 co-existing prev weekly sw lo zone)
5203 Weekly S2 @/around
5189 61.8% 4225-6746
5148 Monthly S2 @/around
5045 Weekly S3 @/around
5140-20 ascending Monthly/Weekly trend line on this weekly candle
5015-4947 prev Weekly sw lo zone
Immediately above current price per near-term current 1hr screenshot below. 5530/32 is DP and WP @/around, 5593 Daiily R1 @/around.
U.s data later (Nfp etc...) If anything near to the ADP forecast on Weds (+352k) we could see some fireworks ? Risk On ? !!
G/L
Very bearish daily candle yesterday, the lo of the day found at the previous 4hr/1hr swing hi/lo zone from where it has pulled back. Immediately below current price as below:
[ 5480-75 ascending 4hr/1hr trennd line on this 1hr candle.
[ 5479-73 prev 1hr sw lo zone
[ 5474-66 prev 4hr/1hr sw hi (4hr to 5457) /lo zone
5434 76.4% 5360-5669
5431-26 prev 1hr sw hi x 2 incl 5431=Daily S1 @/around
5413-5404 prev 1hr sw lo zone incl 5406 = 85.4% 5360-5669
[ 5399-85-68-60 prev Dly/4hr/1hr sw lo zone
[ 5379-66 prev 1hr sw lo zone incl 5374 Weekly S1 @/around incl 5368 = Daily S2 @/around
[ 5375-65 ascending Daily trend line on this daily candle
5347 Monthly S1 @/around
5334-5314- 5270 prev Weekly/Daily/4hr sw lo zone incl 5269 = Daily S3 @/around(* 5420-5270 co-existing prev weekly sw lo zone)
5203 Weekly S2 @/around
5189 61.8% 4225-6746
5148 Monthly S2 @/around
5045 Weekly S3 @/around
5140-20 ascending Monthly/Weekly trend line on this weekly candle
5015-4947 prev Weekly sw lo zone
Immediately above current price per near-term current 1hr screenshot below. 5530/32 is DP and WP @/around, 5593 Daiily R1 @/around.
U.s data later (Nfp etc...) If anything near to the ADP forecast on Weds (+352k) we could see some fireworks ? Risk On ? !!
G/L
ex member