Sive Morten
Special Consultant to the FPA
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Good morning,
our daily context for bullish B&B trade is still valid, but there are some additional details have appeared, that struggle me to wait at least till 1.3830 area:
If market will break through 1.3830 - 1.618 target of Butterfly at 1.3800 area. This level also contains 3/8 Fib support and weekly pivot support. That's the next area to watch for.
The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
our daily context for bullish B&B trade is still valid, but there are some additional details have appeared, that struggle me to wait at least till 1.3830 area:
If market will break through 1.3830 - 1.618 target of Butterfly at 1.3800 area. This level also contains 3/8 Fib support and weekly pivot support. That's the next area to watch for.
The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
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