DislikedRussJ - Where's the lower weekly high? Are you referring to last week's candle? Hardly giving the PA time to bear out. Head & shoulders pattern isn't very reliable. You can see those buggers everywhere. COT sentiment is not at an extreme level. And traders don't think Draghi is serious until he actually walks the walk.Ignored
Last weeks high formed lower and didn't break, it got to the level and needed to break as far as I'm concerned.
although I am looking at price action jnow and if price scoops up too 1.3844 then it may come back to 1.3815 and push higher and for days to come higher but I am hoping to see 1.3731 today. Something will break today, either up or down... 1.3844 is the short spot but people will try to continue to buy it as a flag... I'm hoping we push down so 1.3844 doesn't come into question and Fractally I think we would need to get to 1.3731 and break through the other resistances to invalid them. but thorter term charts like 1 hour, 30 min and 15 min indicate up so we'll wait and see but I will trade price, i'll short 1.3844 if get a chance and i'll buy at around 1.3815 on the pullback at 1.3844 if get a chance... other than that I'll buy at 1.371 if we get there and blow up some supports
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