Testing times at this stage as the SP decides whether or not this level is either support or resistance. 8/20 going horizontal at .044 on the short term time frames.
Here's your daily also showing the same.
But overall the daily is very positive with most indicators quite bullish. My reservations is that there just doesn't seem to be any strength to the move and its approaching a pretty strong resistance zone.
And for the guys playing bollies on the hourly........well done. Do notice that every spike too far outside gets spanked for bad behaviour and try and get familiar with how volumes play a big part in moves. Once you get comfortable with those patterns your performance and understanding with dramatically improve IMO.
Keep in mind that overnight success takes five years and I've still got so far to go.
Bugger all change in this therefore recent announcement didn't spook anyone into closing. Bull trap?????
Cheers
(20min delay)