Well what do you know - another bullish daily candle (thrust,) close as price continues in it's 1hr, 4hr, daily, and now weekly uptrend (this weekly t/f see-ing 2 x HL's a H and now a HH at the current hi - although this not a fractal swing yet.) The greater probability continues to play out.,,potential resistance at the hi - the 161.8% of last daily swing 5716-5427, and that previous daily swing hi zone extending to 5843 - this at base of a previous weekly swing lo zone (previous support.) 89% of lots and 67% of traders in this site's trade explorer are short this pair !
So far this week price has covered 71% of 20 week atr...
More upside or a pullback ? What's the greater probability now - can it be determined ? - a lot here and elsewhere hoping for a sizable pullback !
Carney etc at Uk Treasury select committee inflation hearing tomorrow - may cause some movement .
G/L
So far this week price has covered 71% of 20 week atr...
More upside or a pullback ? What's the greater probability now - can it be determined ? - a lot here and elsewhere hoping for a sizable pullback !
Carney etc at Uk Treasury select committee inflation hearing tomorrow - may cause some movement .
G/L
ex member