Hello ladies and gentlemen, little update from last post. The 24th of last week was where we left off marked off on my 4H (Ellipse). Price was last around 1.44240-250 area, @ 9 o clock close with a spinning top. The next two 4H closes were shooting stars testing 1H and 4H resistance in the form of a countertrend with high volume. After filling imbalance made in NY session on the 23rd, price rejected finding support around 1.44164 LTF, breaking to the downside for at least 100 pips. LL was made around 1.42835 before price made LTF HLs pushing back upside to 1.44500. Will price collapse or possibly turn up for a higher retracement? Happy Trading!
