Morning flat breakdown
Every night, quotes for almost all assets are included in the flat. Prices freeze in their corridor, not rising above or falling below a certain level. But as soon as a new day begins in Europe and large participants enter the market, the morning flat breaks down. The limits of the price corridor are crossed by quotations and the daily trend is set. This happens at approximately 5:00 to 7:00 UTC. It is this pattern that is used in this strategy. All that remains is to learn to determine in…
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