End of month protection = standard at this point and lows were unable to get violated on Wednesday. 4th touch of the last trendline (bottom circle on chart below) failed as momentum swung through; possible
[vc_row][vc_column width=”1/1″][vc_video link=”https://vimeo.com/11920155″][/vc_column][/vc_row][vc_row][vc_column width=”1/1″][dt_gap height=”15″][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Main Points: Price trades above a key area, buyers keep buying, price trades below a key area, sellers keep selling Look for congregation or blocks of order flow and then confirm
Diagonal trendlines can help us out tremendously when it comes time to entering and riding out an existing trend or entering a new one, but oftentimes deliver ambiguity and become confusing to a lot of
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Some Textbook Eur Activity Tonight