Wyckoff in forex part one – the London forex open this morning

As markets continue to remain fragile following the pandemic now sweeping the globe, there are signs risk on appetite is returning to the markets, with sustained selling of risk currencies as the London forex session gets underway. There are also signals the longer term timeframes are reversing also, with risk currencies strongly oversold, and safe haven equally strongly overbought, so some excellent opportunities now setting up in the slower timeframes. As always it is Wyckoff and volume analysis which gives us the insights we need to see behind the price action and follow the market makers.