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Technical Analysis
A little confused
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[QUOTE="Easy Trader, post: 24414, member: 12260"] My 1H feed closed above the 1.3039 for the week.The 1.3039 is a minor S/R on the hourly, which is 'market noise' to the weekly. The weekly S/R is the 1.30000 HUGE round number which to me is a 'zone' of historical order flow. The only 'real' information that we could get here is some sort of price action candle off of the 1.30000 and maybe some occilator divergence. Then the market would be showing us its likely intentions. Even then that is only good to the next S/R. All we know or anyone knows now is that the weekly failed to close below the 1.30000. [/QUOTE]
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