DislikedYes it can be but we still waiting for confirmation and we will go higher anything can happen, be safeIgnored
DislikedPrice so far today @ 60% of 20 day atr, so far this week @ 41% of 20 week atr and so far this month with only today and tomorrow left - only 53% of 20 month atr ! Moving 20 day average range (atr) in this pairing is down to 84 pips but that is up slightly on the 79 pips showing on this metric a few weeks ago.
How much demand here ? a push higher ?
DislikedPrice gives back almost 50% of it's friday Hi-Monday lo fall from 6141-6005 as the rally off yesterday's 6005 low continues. 1hr/4hr rangy just now.
i think the min thrust target for this up move is between 6100 and 6110 in those area i would like to short the bull weakness, if we get a hourly close above 6110 then i would raise my target to 6170 min
Dislikeddo you want to go LONG when it goes above blue dotted line?
I don't understand because the weekly chart clearly in a DOWN trend.
BTW , what chart program do you use to get that chart. Its really nice.