Take a look at the EURGBP chart. At the BO all RSIs were down. PA had a nice trip down. Now the direction is showing ambivalence. I need to decide whether or not to exit that trade. That is a call I, as a trader, will need to make depending on whether or not I believe that after this little rest on the part of PA (consolidation), it will continue down.
This pair is continuing down, after a few hours of "resting".
This pair is continuing down, after a few hours of "resting".
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