I HAVE A THEORY THAT PRICE HAS BEEN ACCUMULATING AROUND THAT POTENTIAL KEY LEVEL
AND TRIED TO BREAK BUT FAILED WHICH IS A FORM OF MARKET MANIPULATION THEN WHAT COMMONLY FOLLOWS IS THE DISTRIBUTION SO FOR ME ITS A SHORT ON EURGBP
THIS IS JUST A THEORY THAT INVOLVES THE SMART MONEY AKA THE BIG BANKS
ITS NOT MUCH OF A THEORY LETS SAY A SEMI FACT BECAUSE I HAVE SEEN IT HAPPEN COUNTLESS TIMES ON MANY PAIRS
AND TRIED TO BREAK BUT FAILED WHICH IS A FORM OF MARKET MANIPULATION THEN WHAT COMMONLY FOLLOWS IS THE DISTRIBUTION SO FOR ME ITS A SHORT ON EURGBP
THIS IS JUST A THEORY THAT INVOLVES THE SMART MONEY AKA THE BIG BANKS
ITS NOT MUCH OF A THEORY LETS SAY A SEMI FACT BECAUSE I HAVE SEEN IT HAPPEN COUNTLESS TIMES ON MANY PAIRS
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.