Good Morning everyone, busy morning so far for me but i thought i would let you guys know what is happening so far…
Pay attention to the the chart with the new boxed area above…
This is a previous candle that may be seen by price…Today is Monday false move so its a possibility that price comes here…
Price as it stands appears to be stuck at the 200 ema on the 15m time frame which is the 50 ema..
If we see a clear break of this zone, a retrace, continuation is on the cards to take out the asian session high and work towards the R1 point which sits at the 800 ema.
Guys remember, tomorrow is when the big moves come into play…
Have patience.
Trade Well My Friends
Tino