Wednesday, July 18, 2012

GU 18 July

D chart is still on a lower high. After 2 strong closes a hammer close struggling to break through the R level 5670.

1hr broke the higher high, higher low pattern but moved up strongly in London close time frame. Asian session tried move up but again failed to break a key level.


Could go either way today, with MPC minutes this morning reason to take care. Looking for good trend set ups or counter trend if rules allow.

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