Just off the strength of the fact that a downswing under the slow MA (in yellow) hasn't come for over 3 days. Prices have been slowly pushing higher, but yesterday we saw a big rejection of the regression line (in blue). Please forgive all of the craziness on the chart, it's for an automated strategy I'm working on. I see price breaking through the slow MA, whether it stays down there, I don't know but that looks like where we're heading. We'll see if price can pull that green MA below it.
Comment:
Too easy! 60 pips taken