This is a week review. Each day will show if the bull/bear scenario triggered and list the same levels from the guide that day. For simplicity support/resistance above and below where price interacted are not included.
Monday: Unfortunately after flagging into resistance and the 17 EMA it was difficult to determine reclaim potential. The large move happened in the overnight session. Easy to miss.
Tuesday: The price in the overnight session took a larger dip than expected due to a QE announcement in Japan. This was unpredictable at the time of writing the plan for the next day but the bear trigger from Monday’s plan executed hit target and recovered all overnight. The bull scenario became valid again once price recovered prior to open of market hours. Tuesday was an inside day making price prone to chop, traps and unpredictable reversals.
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