Forexmospherian
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EU
8 38 AM
Update - under the LitS area its a bearish PS - and under 1290.
However - for now good supports have formed from 1250 to 60 area with low at 1242 lasting now over an hour with no breaches
So immediate range - say 1245 to 1285 ish - approx 40 pips .
We know over 1285 and 90+ then it will challenge R's at 1300 and the LitS area
We also know under 1250 and 40 - it will carry on with bear bias for next supports at 1230 -20 and 1207 - 1200 etc
In between - it scalping with the last interim LH at exactly 8 30 am
8 31 am was the scalp sell
8 38 AM
Update - under the LitS area its a bearish PS - and under 1290.
However - for now good supports have formed from 1250 to 60 area with low at 1242 lasting now over an hour with no breaches
So immediate range - say 1245 to 1285 ish - approx 40 pips .
We know over 1285 and 90+ then it will challenge R's at 1300 and the LitS area
We also know under 1250 and 40 - it will carry on with bear bias for next supports at 1230 -20 and 1207 - 1200 etc
In between - it scalping with the last interim LH at exactly 8 30 am
8 31 am was the scalp sell