In FX when we are presented with a huge candle with clean closes breaking key price points, we can almost be sure that institutions are in the market looking for the next move.
What we have to do is wait until monday's 2nd 4HR close to see which way we can follow institutions and take profit. This is very important as on Fridays close we do not have a clear picture of where they want to take the market yet. Lets be patient for 8 HRS on Monday and reap the benefits after.
-InsiderForex
What we have to do is wait until monday's 2nd 4HR close to see which way we can follow institutions and take profit. This is very important as on Fridays close we do not have a clear picture of where they want to take the market yet. Lets be patient for 8 HRS on Monday and reap the benefits after.
-InsiderForex