10:02am
Higher Timeframe levels are defining the trend today:- with price below both levels and moving down from the higher Spiral point the expectation is to head down into an R44 lows.
Whilst price remains below 6387 the expectation is a move down 44 points from swing highs and continue down into Friday as it remains below the higher timeframe levels....
Therefore trading longs below 6387 is open to risk....especially if it breaks yesterday's pivot low of 6358
There is NO buying set-up today
Lower risk level 6358
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