Our MA continuation signals on the 15 and 30mib comes off standby with the 30min close under s200. It could still play out with a run into the weekend, however as the signal lines have have now crossed the baseline on both time frames and its not a lag cross (crosses over on a pop higher) then as far as I these 2 signals go they didn't come to fruition unfortunately. This does now open the way for a strong new trend signal (bullish) as the e100 crosses back over the e200 on the 15m. All small time frames but give powerful signals.The Daily is winding up some massive divergence now, really like the look of it. I'm really happy to be hovering up here waiting for news. A few weeks ago I was happy with anything over 0.23, but now look where we are.
I'm half expecting a double move on news, and our fibs can play a key role if that happens. An initial spike followed by some strong profit taking, followed by a delayed smart money move. The profit taking will give us our A-B-C fib pattern. Looking forward to that. Hopefully nothing exciting happens until Tuesday, I'm heading bush for the long weekend. Enjoy
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