10:54am
Finally, after trying for nearly 1 week, the R87 Gap fill @ 6585 completed.
44 points up and it hits 5-day 50% level, and exit for today.
22 points up:- reversal from R6607 and takes out lows, expectation market will move down to 6566-57, which also matches another 44 points down.
And this price action has been occurring in the ‘downward’ weekly pattern:- UP 22 and takes out lows….
Entry 6591 partial exit 6604
Stops breakeven from entry, target double R22-44 points up and exit for today.
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