This could be a short buy position, with the market making a reset then dropping a couple more levels. Or this could be a beginning buy position, depending on how London opens up.
What's up everyone. If you are looking to become more consistent in Forex. Then learning how to identify the daily high and low, should be your only focus. If you don't believe me, take a look at every single day candlestick. Don't quote me on this but 98% of everyone of those candles has either a wick above or below it... Just my 2 cents. PS Here is a set up from...