Dollaro / Dollaro canadeseFormazione
M.O.P Example
Here is a clear example of price moving to
an area of discount before moving higher
and breaking the pervious day's high.
M.O.P = Midnight's Opening Price
The midnight opening price reprices the
forex algorithms discounted and premium level.
Since my analysis on UC was bullish I was anticipating
a move below M.O.P before entering the market.
Looking to buy at a lower level rather than a higher level.
Hope you learned and get to study this price action.
an area of discount before moving higher
and breaking the pervious day's high.
M.O.P = Midnight's Opening Price
The midnight opening price reprices the
forex algorithms discounted and premium level.
Since my analysis on UC was bullish I was anticipating
a move below M.O.P before entering the market.
Looking to buy at a lower level rather than a higher level.
Hope you learned and get to study this price action.
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