DislikedHello emmanuel,
I guess it paused because of the 200EMA @ 1h timeframe. See my chart below. Am I right?
cheersIgnored
I look at it differently.
Buyers will be cautious when another market session open.
In this case, ...pre-NYO, buyers will take profit before NYO so EU buyers take profits, exit, ... EU move back down.
That's my LOGIC.
The EMA only show you what happened.
Right now London session will close in about 45mins, observe prices will pause. Why? No EMA nearby.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett