Looking at the hourly chart for previous days we've had a fairly regular down move at 10:00 (90 min from now).

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Entered another short at 1.4435. TP = 1.43568. SL = 1.44612. 2 Hours.

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Hoping for a red bar this hour. Could do with one of those I saw earlier...

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The market seems to be gathering people on the wrong side of the fence to feed another move down. This is still an overall down trend. It's not accelerating up - instead it seems to be losing momentum...

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Short — My automated strategy went short exactly on the half hour (34 min ago) and at 1.44021. TP = 1.42922, SL = 1.44747. Fairly low confidence but short favoured. Let's see... Win some lose some... It will hold trade for max 130 minutes. ...

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Closed short for 67 pips.

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Halfway there...

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Short — Short from 1.4474. TP = 1.43958. SL = 1.44902

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1.44969 Support — 1.44969 is an important level to be broken..or not..

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May need to place stop close to BE if you entered long around 1.44317.

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Significant on a 1 to 2 hours range.

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Turning point it was.

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Still lingering around this point. PA can't make up its "mind"...

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1.44317 is significant. If passed it may go down further, otherwise bounce.

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*Snap*

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Branch breaking? — If it goes up now it will be a funny looking trend. Maybe the branch will break instead?

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Third wave... — Third wave ended at 1.4463 image image

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