enricojenko

More Structure for 5 Minutes

OANDA:GBPUSD   British Pound / U.S. Dollar
Remember the correct analysis of proper structure applied to a 5 minute chart will pop off many profitable and low risk trades.
No different than any of the longer time frames .

Notice the anomaly as it happens ... The Right-side vertical axis represents market activity

We are seeing price movement with low activity.. Clearly something is going on here.

Our longer-term reference 15 minutes indicates price is now above value.

Would you go to the store and purposely buy soda, gas, bread, milk above the normal price ?

That is like looking for the opposite of a sale ...


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