Tuesday, May 31, 2016

GJ GU London open 31 May 2016

With the UK/US holidays yesterday wasn't watching charts.

There was a signal up for GJ after Frankfurt open but didn't go in the next two candles so I left. Going into London open the move up amounted to nothing. So there was no momentum and a negative close took out the last 3/4 candles lows. Nice 3 bar reversal signal 163.18. In the bigger picture a lower high and divergence on the stochastic. A couple of nice legs down and now I'm most likely done for the day.




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