Intraday FX Player

Hourly is looking like a retracement in a bullish movement now at the close...

 

ok you're getting your move up at the moment (4th bottom on 5 min)

explain why you think the 1 hr is bullish

 

Triangle have formed...

 

It's looking as a second up leg from today's bottom. And it was strong, followed by weaker retracement. So I expect that third up leg is probable.

 

Forgot to add:

It's OK to see a retracement down to PP and it would still look bullish, unless goes well lower.

 

Da Chart..

Tomorrow baby, tomorrow..

 

need to learn this from earlier part of the tread..

 

ok - the 1 hr has an A-B-C within a 4 hr A-B-C.

The most likely place to fail is this move up but it's still a no bariner either way.

 

bariner is a medical term for a special part of an Irishman's head responsible for typing

 

A-B-C is two legs in one direction with a retracement leg between them?

If so then 4H really looking a bit overbought and apt to retracement...