Price has retreated to the Kumocloud to test it
as support, which I outlined in a previous post.
1,1070. Below that stands the yet untraded
Monthly pivot point. A close below that level,
1,10, shifts focus short term towards a test of
the lower kumocloud. Reversal candles on the
intraday timeframes can be used to taking the
long position, with initial target around 1,15 and
the Monthly R1.
as support, which I outlined in a previous post.
1,1070. Below that stands the yet untraded
Monthly pivot point. A close below that level,
1,10, shifts focus short term towards a test of
the lower kumocloud. Reversal candles on the
intraday timeframes can be used to taking the
long position, with initial target around 1,15 and
the Monthly R1.
