The bias down did allow for sell trades. GU went below W S1 and stopped at W M1 and then pushed up strongly. EUR did not follow through lower with any conviction, W M1 held.
9 Nov
EUR - D closed negative, still below its RSI 50 and 8 lwma. 4hr divergence, RSI crossed up but we haven't yet had a pos close above the 8 lwma. The lower high lower low flow still in tact, just. 1hr also showing divergence, moved up to Y's high in Asian trade. So D not yet signalled, 4hr has. No bias either way today.
GU - D closed a doji, still below RSI 50 and its 8 lwma. 4hr buy with higher low following the divergence. 1hr lower high lower low flow appears broken. D and 4hr conflicting so no bias can go either way today.
No comments:
Post a Comment