1 Attachment(s) At a bullish market, a reversal day consists of trading range that reaches a new high but closes lower than the prior day's high. This pattern reflects up side exhaustion.
1 Attachment(s) At a bullish market, a reversal day consists of trading range that reaches a new high but closes lower than the prior day's high. This pattern reflects up side exhaustion.
I agree, I posted about this here https://www.forexsoutheast.asia/cryp...ge-indior.html
Additionally, near being a trap bar bearish sign. I am short at 1.9077, what SL would you put. Currently I place it pips higher than the close of day. Thanks.Originally Posted by ;
I'm actually waiting for the current bar to drop below the pin. I'll go around 1.9055 and place SL above the left eye across 1.9105. Or maybe above the pin, but thats too many pips for me personally.Originally Posted by ;
Hats off to you Pal- Nice Function
QUOTE=wwwin]In a bullish market, a change day consists of trading range which reaches a new high but closes lower than the previous day's high. This pattern reflects up side exhaustion. [/quote]
Bloomberg yesterday on cable (message I received at 11:57 GMT):
Next resistance- 1.9135-44 Support -- 1.9046
Appears that cable is going down...
Watch you Later Trichet's speak
Yes I too think that it is going to go further up.Especially in euro session.
Even though it could start to reverse in late us semester now.