XJO ... Hourly ... Reached a lovely Confluence of (potential) Resistance at this mornings High... Bear OT of AP, UTL of Channel, 2 x Fib retracement/extensions and Gann important timing number(90 +1). You can't make this stuff up any better.
Pros ... SP action remains above (blue)AP MT after back-test of breakout, still within UTL of (green)Channel and still above the 0.618/0.667 Retracement level.
Cons ... None really apart from not yet broken out of the (maroon)Bear AP OT as highlighted earlier.
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XJO ... Hourly ... Reached a lovely Confluence of (potential)...
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