The 'cut' of the 20d.fld has set up a respective peak, marked out with a pink box and thick directional line. That is my play regardless of where-on-after. For now however, price is still pushing the left hand side of the regression channel from the top and is not even close to the daily FLD (pink MA to right of price) and needs to get there without giving the game away, if the market is to be covert as usual.
This is the 30sec chart showing a 4 hr MMA and FLD. An expanding diagonal would be just the job into the 1.3470 neckline to disguise any move up, me thinks. My shorts re-engaged from earlier, so more work to do to be free of them before a rise comes along.
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