Recap 4 Feb
EUR - D is
inconclusive, no bias. Price fell, the evening star pattern played out.
GU - Bias down but can bounce from last weeks lows/W M2
1.5670-5680. We bounced from lows.
EJ - There is
potential for counter trend move lower. Bias remains up. The counter trend move lower played out.
5 Feb
EUR - Negative engulfing close, 1hr flow lower high lower low bias down.
GU - Positive D close at the resistance level. 4hr is still on lower high, 1hr can go either way its on a higher low and lower high. Bias up but if 1hr falls it will shift short term flow down again.
EUR - Negative D close, 4hr hammer, 1hr lower high flow. The 1hr can easily flip to a higher low here to revert to trend. No bias can go either way, we'll see what London open brings.
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