DislikedTonight is all about FUNDAMENTAL... just look at the Calendar... many US news coming out. All important. GDP... ADP... FOMC... FedFundRate... I'll stay out. Might be just watching to learn more about PA.Ignored
Similar condition happen like this sometime last week or 8 trading days ago.
Fundamentals pointed towards a -ve result, but geppy at that time was at a 50 fib level(swing lo - hi = supposed to go up).heavy speculation on going south at that time.
when news announced, geppy made a false break 20-30 pips south before reversing up north, thus complying to 50 fib law of swing lo - hi.
could not find the notes that i made - need to organize better.
better stay out & BFD/SFB when the trend materialize i guess.