I HAVE A THEORY THAT PRICE HAS BEEN ACCUMULATING AROUND THAT POTENTIAL KEY LEVEL
AND TRIED TO BREAK BUT FAILED WHICH IS A FORM OF MARKET MANIPULATION THEN WHAT COMMONLY FOLLOWS IS THE DISTRIBUTION SO FOR ME ITS A SHORT ON EURGBP
THIS IS JUST A THEORY THAT INVOLVES THE SMART MONEY AKA THE BIG BANKS
ITS NOT MUCH OF A THEORY LETS SAY A SEMI FACT BECAUSE I HAVE SEEN IT HAPPEN COUNTLESS TIMES ON MANY PAIRS
AND TRIED TO BREAK BUT FAILED WHICH IS A FORM OF MARKET MANIPULATION THEN WHAT COMMONLY FOLLOWS IS THE DISTRIBUTION SO FOR ME ITS A SHORT ON EURGBP
THIS IS JUST A THEORY THAT INVOLVES THE SMART MONEY AKA THE BIG BANKS
ITS NOT MUCH OF A THEORY LETS SAY A SEMI FACT BECAUSE I HAVE SEEN IT HAPPEN COUNTLESS TIMES ON MANY PAIRS