Strange day . Such wild moves in all currencies. No indicator would have survived today. Only your knowledge of the market and PA would have saved you. If you look at the pairs, they made a huge dip down, then a huge upward movement , then down and now they are up again. A crazy day, you would think. But if you look at the charts with MM levels, you can see how beautifully the price moved within the SR. Attached is the 1H GU chart. As you can see the price moved towards the support at 1.4832 and it fooled me into thinking that today would be a bearish . But thankfully, i got out of my shorts when price pulled back from there and then the price continued its bullish run till it hit the resistance at 1.5015 to the pip. This resistance, along with the fact that we were close to a round number, made me exit my longs and the same was also passed on as a signal.
Now the price is again attempting to break higher. Watching PA now and GU looks good for more though i am flat and awaiting a break.
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