Short nibbles banked. Looks like price has got a decision to make. Could be sat mooching in this area until overbought conditions on short term charts worked off. Consolidation time? Looking to play bounces into & away from the resistance line above and that support underneath whilst they hold. Catch up later when one breaks.
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Disclaimer
Disclaimer: This blog should be read as a 'whiteboard' of my daily thoughts and ramblings and specifically not, in any way, advice to trade. My interpretation of the works of Gann, Goodman, Fibonacci, Elliott, Hurst et al; is entirely my own and should be read as such. Any opinions, news, research, analyses, prices, or other information contained in this report are provided as general market commentary, and does not constitute investment advice. I will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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