MightyOne wrote:"Fool me once, shame on you; fool me twice, shame on me"
Do you see how there was no momentum going into the top? And where was the 'real' price level?
EURJPYM30.png
That M30 adjusted price level “broken” by a fast bullish move is a trap.. may I have to re-define Momentum?
I can’t see the difference between the BO at the top and the previous one (around the angled platform).
Thanks MO!