{quote} Not at all, you've just got to see where support and resistance comes in, watch how the candles behave and go for it. This hour chart shows that this morning's sharp down spike was held at the 76.4% fib level, to then rally strongly up to the first obvious resistance level on the hourly chart, which was a R1, MA200E/100S, which together formed a very powerful resistance area off of which traders would have cashed in their profits thereby sending cable down again to the main daily pivot level. At the moment I'm looking for a bearish day tomorrow,...
