Market went higher but sold back down to daily BZ. My long term level 4150 provided a nice short. But how bearish the current move?
Price opened within the BZ; re-tested yesterday's low but is now higher. Now staying above OP, we could first see a move to 4110 and even 4120. If market open European session at around 4110, look for possible reversal with divergence. 4120 applies for US session (but it depends on how market move). Below BZ, look for bearish continuation for a move lower. to weekly BZ
Price opened within the BZ; re-tested yesterday's low but is now higher. Now staying above OP, we could first see a move to 4110 and even 4120. If market open European session at around 4110, look for possible reversal with divergence. 4120 applies for US session (but it depends on how market move). Below BZ, look for bearish continuation for a move lower. to weekly BZ
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