Can anyone explain the retrace that hapenned after the London opened?
It hit my stop to the pip and thats ok, i lost 90 pips profit, but i want to understand why this retrace. Usualy price retraces to app. 50%, but this time it hit 107,93, right where it started its decent.
Can anyone provide explanation?
It hit my stop to the pip and thats ok, i lost 90 pips profit, but i want to understand why this retrace. Usualy price retraces to app. 50%, but this time it hit 107,93, right where it started its decent.
Can anyone provide explanation?