Weekly High - Good Volume - Contracting RangeLooking at a weekly high expectation hit, but also the LSR line moving out in the lead says something to me.
LSR likes to point the way, but sometimes I see this nice reversal setup when the 2 align a certain way.
Also note, I like the LSR a lot on Russell-2000 or S&P-500 futures day chart.
Dynamicrange
New bearish directrixFX:EURJPY
The price draws a solid expansion between July 10 and July 15.
Its upward force is lateralized with ranges mini breaks and low liquidity.
The price starts to move downward directrix with these solid downward movements.
The price is enrangado because of that, but with a very bearish outlook.
Recall that the liquidity of the London market is the one that determines the direction for tomorrow.