hey tradomaniacs,
Did you know that Wednesdays are typical for Whipsaws?
Don`t ask me why, but I have observed this phenomenon a lot of times. 👉https://www.tradingview.com/x/DJQDxMBy/
In very many cases we see a direction during the london-session and then an instant reversal with the open of the Walltreet.
Backtest it yourself🙏
EURGBP Sees a correction move after an extreme move to the downside breaking the 0.84 handle.
From a psychological standpoint sterling has been gathering momentum after much awaited brexit gains.
A potential upside move awaits EURGBP as a correction should be due for momentary bullish momentum .
Institutional sellers aim to find a better price in joining the...
