Recap and EUR, GU, EJ 29 Nov

Recap 28 Nov.

Did not post but this is how it played out.

EUR -  We had no D signal to sell as yet, no RSI cross lower, the red doji couldn't close below the moving average. 4hr did signal a sell, lower high following negative divergence did set up a move down which stopped at the W pivot.The 4hr signal without a D signal = a short term position.

29 Nov

EUR - Y closed a strong hammer so we should move up today. 4hr has signaled higher. Only time will tell if a move up will be the last try from the bulls and if we are getting close to a 4-7 day topping out process. Should we get to 1.30 potential for an 85/15 trade.

GU and EJ essentially the same picture.

Bias up, taking great care at recent highs.