I entered long to missed weekly pivot, aka virgin or ghost pivot (money value zone) - yearly VWAP (fair price, high liquidity area)
Once it hits that sweet line (usually to the pip, as creepy as it sounds) it will grab the liquidity and bounce back down.
Gbps, eur, cad pairs they almost never miss their weekly pivots...sooner or later they return for liquidity to those high value sweet spots which act like magnets.
This is no financial advise.
Once it hits that sweet line (usually to the pip, as creepy as it sounds) it will grab the liquidity and bounce back down.
Gbps, eur, cad pairs they almost never miss their weekly pivots...sooner or later they return for liquidity to those high value sweet spots which act like magnets.
This is no financial advise.
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This high probability trade, though a drawdown might occur. Best to look for entries on 5 min charts move is very sharp