This pair loves to consolidate but when it moves expect some nice pips.
I put a little time and thought to see the kind of consolidation this might be. To my eye, It looks more like a reaccumulation inside a larger re-accumulation.
I understand price makes repeated patterns in different time frames.
If this were to be the case then a 1:16 ratio isn't that bad.
I put a little time and thought to see the kind of consolidation this might be. To my eye, It looks more like a reaccumulation inside a larger re-accumulation.
I understand price makes repeated patterns in different time frames.
If this were to be the case then a 1:16 ratio isn't that bad.