Final Update - Thursday 13th February

Last one for today.

Unfortunately the price didn't come back to my desired 9.765 so my order was not submitted.

However, the set-up was pretty good.

Here's how you could have made a quick 2% on this move.


So we saw the price breaks up above the PP this morning followed by the crossover of green ema above blue ema 1st thing. This then dragged the red above the blue giving an indication of short term trend reversal heading north.
Price moves up to DR1 then stops, consolidates and waits for the green ema to catch up.
A small resistance level gets drawn and once that breaks, check to ensure the MFI is above the blue average and there you have it.

Price went to 9.795 and the Crocodillion snaps up 15 ticks.

Watch out for the crosseover of blue and purple.

Have a great day