Yesterday, the price remained, in fact, arround the 1.0870 and 1.0820 level. We sent two signals S & R one of which was cancelled this morning, and the other was executed depending on the broker and then stopped. If it didn’t enter, it was canceled this morning without doing anything. Signals are at the limit edge where a half pip can make a difference. The signal intraday was not entered and was therefore also deleted.
Today the price has remained strong in congestion until it climbed the slope reaching the 1.0870 area and approaching to a trendline resistance. The DP has already been tested and the triad DWM is in bearish configuration. The monthly Pivot is quite far which give us signs of imbalance.
Surfing the pips wishes you all a good day!
Surfingthepips staff wishes you all a good day.
Daniele Angellotti Certified Trader | SurfingThePips.com