Brutal rejection at 1.1399. I also noticed that for about 3 days now the Asian highs have been left unbroken but subsequent sessions. That may be a testament to the force of the bear.
I saw this ratio yesterday evening when price was around 1.1410 so I shorted it after confirmation from other parameters. As at yesterday morning the ratio was a perfect opposite but now things have flipped. With this I feel that even if price wanted to go up it would most likely hunt enough long SLs first.
I saw this ratio yesterday evening when price was around 1.1410 so I shorted it after confirmation from other parameters. As at yesterday morning the ratio was a perfect opposite but now things have flipped. With this I feel that even if price wanted to go up it would most likely hunt enough long SLs first.
Attached Image
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
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