“Because yesterday is a higher spiral point I favour price moving down on open and completing the R44 range, which is going to be a spiral point and align with the 5-day 50% level, which has already been a support zone this week....(premium report)”
Those shorts exit around 6428…
10:05
Rising upwards from 6425 and into a 44 point range high from today's lows:- I don’t have a view for the rest of the trading day if the R44 upswing takes place.
It can either stall and consolidate for the rest of the day, or it can continue higher back towards the 3-day highs once again @ 6512
Not shorting around R44 tops, but running last long contract open into close with stops below 6425...