DislikedHmmm it would appear I have a similar looking bear pinbar on my H4 as well. Also I suppose when looking at the DAY chart we get a similar picture with the formation of 4 bear pinbars and possible another one developing today. Guess we'll find out what the MM's intentions are as things play out further {image}Ignored
This is what might be the Market Maker's scheme.
In about 20 hours there is a AUD high impact release. The MMs might be planning on pushing the aussie up then. If they do, GA will go down. Meanwhile, the MMs are focused on pushing the aussie down, which is why AU and AJ have been getting strong activity at the highs. The MMs will drop them for profits. And then the MMs will switch to aussie strength. So, for the time being GA might indeed go back up a bit. This is only a possibility that I see as likely. Time will tell.