Simple Market Structure on EURUSD coinciding with Fib Rejection
Simple Market Structure on EURUSD coinciding with Fib Rejection
this shows you that the 2 LL's were not so strong, so they got bypassed easily, then it also shows you that the price couldn't make a new higher high, which means there is not so much interest in buying EUR at this high price, so it went down and may need to revisit the previous low again
this shows you that the 2 LL's were not so strong, so they got bypassed easily, then it also shows you that the price couldn't make a new higher high, which means there is not so much interest in buying EUR at this high price, so it went down and may need to revisit the previous low again