It's been chilling for a month since 26th of May when it started its downward movement, looks to me as if a big flag is being painted on the daily with the 50 day moving up to offer support around 115 which i was hopeful for a refill.
Looks like its forming this pattern and is ready to move again .
Intra day hop off around 132.75 since its fairly busy there however i recon we move fast to 165 from here on .
125.55 right now and with the 200 day at 118 on the monthly i recon its an awesome R/R.
please check out earlier HTF graph for macro outlook
Cheers!
Looks like its forming this pattern and is ready to move again .
Intra day hop off around 132.75 since its fairly busy there however i recon we move fast to 165 from here on .
125.55 right now and with the 200 day at 118 on the monthly i recon its an awesome R/R.
please check out earlier HTF graph for macro outlook
Cheers!