through the fear thursday, page-4

Interesting we repeated the range from the last run up. Today's bar doesn't look flash, with what looks to be a continuation pin bar (Pinocchio bar) though they are alot more reliable at swing high/low points ie the one on the 27th failed....it still pays to be cautious. Despite the wide range day the high and low were still capped by previous bar highs and lows. Price action spins me out......We more or less bounced off the 20 ema today, with the 41 just below it which is also at the 38 fib so some confluence (for a bounce?)

Dont mean to sound like a fence sitter but price action at the moment isnt screaming out 'trade me'.

Safe trading all

Peace

Karl