Hi
Another pic from todays GBPUSD. 20.30 CET
Good example: Look how the Market Makers and the Fat Cats works.
There was a "breakout" at 1,59200 area when the price moved down under the support level. Probably loads of sell orders was distributed here, and then suddenly the price retraced quickly and the stop-hunting party begun.
Another pic from todays GBPUSD. 20.30 CET
Good example: Look how the Market Makers and the Fat Cats works.
There was a "breakout" at 1,59200 area when the price moved down under the support level. Probably loads of sell orders was distributed here, and then suddenly the price retraced quickly and the stop-hunting party begun.