The market could break through and continue down or we could see some relief in the market and even a trend reversal.
Based on my analysis, I think there is a strong probability we can see a counter trend move here down at 6931s.
You can see market is stalling into a showing divergence and lots of rejection .
We will be paying attention to the close of this candle during our London live trading room this morning and finding an entry reason to buy this market.
Potentially 100 pips to gain out of this trade with a profile.
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I'm a already a member of the Live Room, and I must say I am very impressed. If you're looking for an opportunity to learn more from a pro trader, this will be ideal.
The Live Room is on from 8am - 11am GMT. We do top down analysis and take live trades.
Worth investing in IMO.