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Kind of 3 push up (red arrows) so could be a lower high upon open then down.
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No sharp rebound in the next couple of bars then it'd be downtrend day.
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Oh, forgot this: It's a morning hourly hollow red. The prophecy was fulfilled already.
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Taken EMA20 probably means the low was in for today.
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Consolidation instead of a pullback so bias still is up.
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Bulls got a fault bullish crossed yesterday's intraday. let see how it is close today. bearish until bulls can hold $NYMO > 0. for now bulls are not out of the woods just yet. Nature called for me....see you in couple of weeks, trade well, Peace!
My comments are for entertainment/educational purpose only. NOT a trade advice.
Hmm, didn't expect this, the sudden big up bar and now big down bar must be a news.
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