Today we got nice up move after UK news.


If today’s candle will finish like it is now, 5 hours before NY close, we will get nice outside bar. So setup for tomorrow could be retrace on today’s outside bar, maybe retest of marked support at 1.5447 and then up. This option (1) will be favorable if FED will not raise interest rate on their tomorrow meeting. Other option (2) is that there will be no retrace on outside bar, but price will go and retest that trend line, reject it and move down from there.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.