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Yeah, I saw it bullish about 3:40pm which suggested a bullish...

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    Yeah, I saw it bullish about 3:40pm which suggested a bullish close. Today we've made the first higher low and higher high since this pullback began (i.e. the 3 days prior, which all had lower highs and lower lows - a downtrend). Also a bullish close near the high, which is above yesterday's high (just). Essentially a reversal pattern of the trend the last 3 days.

    Time frame is a bit small to inform anything of significance on the daily or weekly time frame. It could resume down trend again on Mon. But for now, it is a bullish sign.

    A higher low and higher close on Mon will be even more bullish, completing the typical 3 bar reversal pattern. More importantly a close above ~8.35 will be significantly bullish. ~8.35 is a significant level; past resistance, refer line:

    https://hotcopper.com.au/data/attachments/2565/2565866-b936c10c1ff45d267f3e93f4f0a96f0d.jpg



 
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