I have been shorting this pair for weeks. The daily shows it is...

  1. 2,810 Posts.
    I have been shorting this pair for weeks.

    The daily shows it is bearish but has already made a big move.



    That latest retrace I stayed away from.

    On todays review I see it has touched a new bear cloud on the 4 hr.
    Always beware of flat bottom/top green lines. eg S/L on to other side.




    On the 1 hr it looks bullish due to the run to the green line.
    At this point I need to confirm the bull trend is over and maybe
    the bear trend of the daily can resume.



    In london monday mkt I will watch smaller t/f's to see the new trend.
 
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