DislikedHello there, i not really familiar with constrainement trade and i would like to know if someone could tell me some advice about the EURUSD right now, if it s a
constrainement formation on 15M or not ? Thank you
LukeIgnored
When a cosntrainment is in effect you 'should' see either the wicks OR the bodies being constrained.
In your example, price is moving back and forth through the MA with ease.
It is certainly attached to the MA, but it is in no way (only my opinon) being constrained.
Lee
**EDIT**
What you 'may' actualy have on the 15m EU (which is what my chart shows) is the begining of a 'scoop'. See how price dropped, came back up to the 10ema and was then pushed back down again.
Who knows where it will go, but it might be scooped for a little.