FXAscii

GBP/USD - 24 Hour Market Cycle (MM's Setup)

FX:GBPUSD   영국 파운드/미국 달러
In this case we're using 15 min chart, to see how usually price is behaving during 24 hours...
At the beginning of the day during Asian session, price is accumulating, in range, (Support and Resistance),
Sooner or later we'll see breakout of the range, making breakout traders open (Sell, Buy) positions,
After that price will go in their direction, (usually 10 - 15 pips), so that Retail Traders have some hope in their trade,
And then? Aggressive impulsive moves, opposite direction of the breakout, going back to range, and lower, hitting their Stop Losses, and pushing price in other direction, where breakout was occurring
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.