A chart pattern that is observed when there is significant increase in the price movements of a currency pair, yet without a clear direction.
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The market share of the top 10 FX players globally reaches 80%.
Word of the day
"Shadow" - Shadows are the thin lines above and below the real body of candlesticks which display the high/low price range. Shadows are also called Wicks.
pip value in quote currency = pip in decimal places X trade size