Stop Hit Pattern | Live Forex Trade | EURAUD | 1 Hour Chart

By | February 8, 2016

See attached video – This video originally uploaded in July of 2014. The EURAUD on the 1 hour time-frame. This stop hit pattern forms at support after a long run to the downside triggering a change in market sentiment, even if only for a short period. This is a perfect example of how the banks execute orders at their discretion to push the market in one direction making it appear to the untrained eye that it’s moving in that direction, when all the while they intend to move it in the opposite direction.

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