Yesterday my analysis said sell bias. That was not correct, I made a mistake. We did have a D shooting star reject of a resistance level. We did have 4 hr sell divergence. However we did have 1hr higher high higher low flow still in tact. Should have been buy or sell day depending on how candles set up.
Today we see a positive close D candle, 4hr shows clearly the reject of the potential move lower through the trend line. 1hr just holding onto the 1hr higher low. 1.5700 has been a strong resistance level over the last week or so and we can sell off from there.
So again its a buy or sell day depending on what 1hr sets up. Whilst we can move lower from 5700 bias has to be up for today.
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