FINAL UPDATE : THIS IS AN INTERESTING PAIR BUT I THINK IT HAS FINALLY BROKEN OUT OF THE RANGE. SHORTED @ 195.67 LAST NIGHT. H1 ALSO FORMED BULL TRAP. SO EXPECT A LOT OF STOP LOSSES TO BE TRIGGERED IF PRICE WERE TO MOVE DOWN FURTHER.
(NOT GONNA EXPLAIN HERE OR SHOW ILLUSTRATION.)
BATTLE WAS INTENSE IF YOU WERE TO OBSERVE THE SECOND BY SECOND PRICE ACTION. BUT BEARS HAVE WON WITHOUT A DOUBT.
closed my position (full) last night @ 194.6. probably wont be trading this until a clear trend is presented. This pair has been the MOST volatile pair these 2 weeks, most heavily traded causing a range. Without a doubt.