DislikedI'm new to this EURUSD thread. I must apologize that I've not followed this thread from the start. I'm simply dropping in to seek some feedback on a particular tick formation that I have seen in the last hour. Please see the tick charts in the left and the 1M charts on the right.
Can you see the v-shape spike reversal in the tick chart corresponding to the long wick in the 1M?
Apart from spike, sudden reversal and v-shape, what other phrases are traders normally want to describe? How do you call these kind of move? How do you make out of this...Ignored