EURO Zone trading was trading inside the ranges and we had a FBO at the US Open leading to a range run BO-5. The reversal (PB) fell short of the EMA creating an EMA/SB gap worth another short look.
PA traded inside yesterday's ranges and we had a 50CB at B29-30 long. (a reversal signal at/near a range level is a low risk trade with the range used as the stop). Another though provided was, we watch for the tendency of a BO-10 to PB to the BO-5.
At B54 area we see a mid level HL support and a "long" was highly suggested. A B57 50CB TL was support for the bulls and 1310.25 run was anticipated. PA stalled in market around 9.75, and hit the target in after hours.
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