Disliked{quote} Now we have a poor high for current pit session and we got the friday preUS session poor high at 33595. After that we have the GB poor high at 3421, followed immediately by the Tokyo poor high at 3424. Finally we have the Tuesday pit session poor high at 34445. This does not mean we are going to take them out right now. It means that all these weak references put togheter in a row create an exponential odds in order to continue higher in the next price activity...Ignored
overnight action added 2 possible (probable) tagets to the last list:
- today Tokyo poor high at 33385
- today Sydney poor high at 33405
- Yesterday 09.12 pit session poor high at 33468
- Friday 09.09 preUS session poor high at 33595.
- GB 09.07 poor high at 3421
- Tokyo 09.07 poor high at 3424
- Tuesday 09.06 pit session poor high at 34445.
I repeat here that the fact that these reference are close one each other increases exponentially the odds for a higher price action in order to remove them. But this not mean it is sure, nor that it will do it right now or today nor at the same moment in time.
Note that if GB session will open around here it will do it with a considerable gap higher from yesterday high at 3291. Also the old gap down (3339-3221) from 09.08 session will be overlapped (2 pass gap).
About yesterday pit session, please note that the most important ref for a possible test is at its pool back low of 3297.
A note about USDX: Today is currently inside bar of yesterday that is inside bar of the day before. So we are in a full balance environment and a breakout could occur. It's plenty of possible targets above and below.