They tend to close most of the time.

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Gap.

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It might take a rest here.

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My Plan — A plan is a plan and I am sticking to it. The first three steps worked out really well: 1. Stopping at the TL (4 Hour Channel). 2. Retrace and average of 250 Pips. 3. Drop to try to test previous lows. I will now look for the price ...

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Close enough to my target. url

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Watch out..strong TL url

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Nice Stab to lower TL.

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Where do you have this fibo from? I have .3711 as 50.0 from .3585 to .3838.

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Nice one.

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Looks good to me but as the Zen master said.........

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Let's see what the TL has to say about that.

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Who's there to tell the story after news, If not charts.

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Bear Moves — (IMHO) The last Bull Run from .3585 reached his peak at .3838 (253 pis). From this high Bears started to step in and Bulls had failed to succeed giving 80 pips fights in the past two occasions. Since the last high at 1.3838 to the ...

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Below .3691 it is bear territory.

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It is making LL.

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Here you go.

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If this TL doesn't hold the lower one could be the next stop.

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It is a really strong support. url

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On the original drop it took several hours to get thru those fibos (red circles). On the pull back it took a while also (green circle). On the the big spike it was quickly rejected (white circle). Question is what is it gonna do this time?

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url

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