Trader, you've got a potential inverted shampoo in the making as well... which fits with your theory, especially if you count the downleg from the pre-gap high on Friday...
Here's some 20m pa to ponder... breaking and clearing those two R levels at 2612/20 which it just bounced off of (and the 21sma), and then again at 35/40 may help give some direction, if it can that is. The Fib is anchored at 2735 friday high and 2544 currently the session low so far...
I'm out for the night, sort of a new soft rule to watch the asian session and maybe pinch a few pips ((which i did)) and avoid the FO/LO circus completely, which I am.
I'm going to bed a bear, I'll see what I am tomorrow... tomorrow.
Here's some 20m pa to ponder... breaking and clearing those two R levels at 2612/20 which it just bounced off of (and the 21sma), and then again at 35/40 may help give some direction, if it can that is. The Fib is anchored at 2735 friday high and 2544 currently the session low so far...
I'm out for the night, sort of a new soft rule to watch the asian session and maybe pinch a few pips ((which i did)) and avoid the FO/LO circus completely, which I am.
I'm going to bed a bear, I'll see what I am tomorrow... tomorrow.
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FUBAR...