bbmac
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Big move down to 6030 zone
Wow That turned out to be an under statement as price indeed tests the previous 1hr/4hr/daily swing lo zone leading down to 6030 Lo, confluence with Daily S3 pivot, with downside breaks of various ascending trend lines on 4hr/daily...a move of 140% today of the instrument's 2day average pip range and now @ 96% this week so far of the average 20week pip range. Those post Boe/Mpc decision bears must have taken heart !?
Serendipity - on coming back to desk just in time to trade the redidual demand in that aforementioned zone leading down to the 6030 Lo.
4hr shows the potential support zone here:
and the 1min regular bullish divergence based trigger set-up was here
...... 6030 - is this the bears' target? Looking bearish atm.
Wow That turned out to be an under statement as price indeed tests the previous 1hr/4hr/daily swing lo zone leading down to 6030 Lo, confluence with Daily S3 pivot, with downside breaks of various ascending trend lines on 4hr/daily...a move of 140% today of the instrument's 2day average pip range and now @ 96% this week so far of the average 20week pip range. Those post Boe/Mpc decision bears must have taken heart !?
Serendipity - on coming back to desk just in time to trade the redidual demand in that aforementioned zone leading down to the 6030 Lo.
4hr shows the potential support zone here:
![33oipf5.jpg](/proxy.php?image=http%3A%2F%2Fi55.tinypic.com%2F33oipf5.jpg&hash=953c030fa82fd6d6e9a285dae3377bf9)
and the 1min regular bullish divergence based trigger set-up was here
![332ba4n.jpg](/proxy.php?image=http%3A%2F%2Fi53.tinypic.com%2F332ba4n.jpg&hash=ed533d73c5d80601961c26ac3f5f7903)