EURUSD 30 pips in 2 hours coming up

Be ready a good 30 pips in 2 hours coming up for EURUSD. After that it will very likely rocket into the sky.

Order storniert:

Too many people jumped in and speculators have pushed up the price to collect stop losses. Welcome to the market!

Kommentar:

Interesting to see that regardless the many orders affecting the trend the price did reach 1.2223 roughly 12 hours later, and then followed the path upwards as predicted for the shorter term.

The next time I will test the strength of the trend and try to estimate the delay based on the delta influx of orders since the posting of this article.