51.00 marks the role reversal of last week’s breakout. All part of the monthly swing to 55.00/ 56.50. Be aware though this price is in the bearish sell zone – if we get bullish confirmation then game on though don’t trade it without confirmation on M15 as discussed in the below chart.

When price gets down to this level pay attention to M15 - look for the bullish confirmation and get long at the higher low if it presents itself.

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