Disliked{quote} Hmmm, okay. Wasn't that just plain stop hunting on the other side of the barricade? Most of the eager sell positions getting f**ked, and then swish down? Time will tell.Ignored
But remember: If this is really a solid reversal, many early buyers who have their stops sitting close below 1.0795 (considering that some are maybe 5 pips away and some are maybe 30 pips away) could still get hunted by a potential bearish stop hunting process targeting 1.0770 area to clear up majority of these longs. I spotted a potential bullish shark pattern on DAILY and it fits very well with this scenario.. So it is wise to keep this in the back of your heads..
..and yes: Time will tell
Be a seer, not a looker!
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