9Sep16
Updated
ECB did spark some sell-off initiatives.
Looking at MACD lines, the sell-off flattened the slope, but none to suggest it is bearish yet.
The gap between D+ and D- is now closer, but again none to suggest it is bearish yet.
Maybe bulls are saving some bullets for later on, considering the move from 1330-1350 should have been seen a bit too aggressive.
It is very strange though that 1355-1357 has not been challenged.
Any potential reversal move above 1330 is now monitored from the Lower TF.
Looking at MACD lines, the sell-off flattened the slope, but none to suggest it is bearish yet.
The gap between D+ and D- is now closer, but again none to suggest it is bearish yet.
Maybe bulls are saving some bullets for later on, considering the move from 1330-1350 should have been seen a bit too aggressive.
It is very strange though that 1355-1357 has not been challenged.
Any potential reversal move above 1330 is now monitored from the Lower TF.
Trade active
9:04pm Friday NY sessionQuasimodo in the making. Long 1334.6
Note
Note
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.