I got up a bit late today, and missed good moves on CL and GC. The TF has been rallying very hard over the last 2 days, and it may be ready for a large retrace. I have seen a large volume 5 min candle occuring at around noon and I have drawn a line across it's top. I am now looking for a break above with a RPM bar and then a RPM reverse bar straight away. I could take a cheeky short if a saw that, with a SL above the high. If this does not occur, then look for longs after a retrace. Time is now 14:09 BST and I am waiting for the market to open in 20 minutes.
Here are the charts
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