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Yes - system means the rule set for every weekday.
In the bigger picture (daily) the supporting Kumo gets weaker - but could push
prices still to a higher level. At least the support was so strong that the price could
not pass Kumo in the last few weeks.
GFIs1
Can you help answer these questions from other members on NexusFi?
Yes, I think you are so right. On the one hand the leg up which started Friday afternoon is not finished yet so the leg setup is still bullish. On the other hand this large gap down, with intraday RSI pointing down is problematic. Too much conflicting evidence. Hope this will work out successfully...
Back from holidays to join my favorite thread. Today no important news were forecasted, but you stayed only 1 hour in the market. Was it due to indecision in direction ?
After 9.30 (down candle completed) I agreed for short, but after 10.00 (up candle completed) I voted for long, assumed down swing completed, direction closing gap...
regards rw48gmx