Having seen a familiar pattern in the chart, one can easily open a trade
The appearance of a bar with a large spread in the chart gives us food for thought. It’s not necessarily about total superiority of bulls or bears. It may be that a big player thinks that the current movement is exhausting its potential and it’s high time to close the trade because when everyone is buying, one can sell easily. To succeed in Forex, you’d better be in the same boat with professionals and not with the market crowd. If there appear signs of buyers/sellers’ weakness…
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