Ladies Gentlemen
Hi all
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Assume the folllowing 8 motives:
1) EUR is below oversold
2) GBP is beneath overbought
3) AUD is beneath overbought
4) NZD is beneath overbought
5) USD is beneath oversold
6) CAD is beneath overbought
7) CHF is beneath oversold
8) JPY is beneath oversold
4 currencies were receding last period, while other r were plummeting down.
Theory of 8-Currencies Overbought/oversold will be termed from now ans on Octagon-Theory
Examine pic:
https://www.forexforum.co.za/attachm...2780812939.ex4