ShrewdCatfx

Correcting the News. Back to 1.07922? 🐻

Short
ShrewdCatfx Updated   
FX:EURUSD   Euro / U.S. Dollar
Check Description for Value ⬇️. Anyways, Looking for lower prices here. Where we have a move created by news which is corrected in the next few trading sessions down right almost to where it began. Simple trade idea. I've studied this is in the past. I have multiple screenshots in a library that documents this exact move. Doesn't matter what the news is necessarily. What matters for the most part is the market structure after price spikes. What kind of market structure can we observe after we spike? In the succeeding sessions after the news, what is price doing?

Trade closed: target reached:
1.07922 Hit! The Whole Interest Rates Move was corrected as anticipated.
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