Volumes are increasing as EU hands over the reigns to US pre-market. Dumpy is the name of the game today so far! But as we find the bottom of the current dump from 21500 down to 21100, we're hitting support as we might have expected, looking at trading lines that lead out to Sunday EOD.
Since we're in the support zone now, I might expect tight ranges between 21100-21200 until US market open, when we'll have a pop as usual, before we really get a feel for where the market wishes to take us. We'll either quickly recover to 21350 before retracing back down to test for support or dump through to 21000 before retracing back to retest 21100 ranges, where we're at now. I'll be watching which side of those two targets we end up on, by US market close today to determine my next move for the weekends. Today feels like a high volume kinda day!
Check my profile for my early morning analysis on CRO, BTC, DXY and more! Let's Goooooo!
Leaning still toward SHORT; looking to add to my CRO short position again between .1288 - .131 after covering 90% of what i added around .131 in the morning
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