1.17191 is a significant level, but I'm not convinced it'll end up being our local low. I'm more interested in 1.16163 for a reversal.
I think scenario A is most likely. If we pop higher, expect to see resistance at 1.17806 and 1.18051.
What do you think? A, B, or C?
I think scenario A is most likely. If we pop higher, expect to see resistance at 1.17806 and 1.18051.
What do you think? A, B, or C?
Comment:
I want to see a close below 1.17269 on 15-min to break up-trend.
Comment:
Nice hold. Expect higher for now... and see how we react at 1.175
Comment:
Nice rejection at 1.175. Scenario A on track.
Comment:
The scenario A pattern didn’t play out. But as expected, we’re now seeing resistance at 1.17806. If they reject this I’m hoping for a dump to 1.16163. If they break higher, expect resistance in the 1.18051 area.