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RE: LeoThread 2024-05-24 00:56

in LeoFinance11 months ago

Looking at the price of $HIVE and decided to do research on flat market. here the definition from a source at mytradingskills com (link in second thread)

Flat markets are quite common in Forex. Currencies tend to fluctuate inside a narrow band until there are some important fundamental catalysts that catapult the exchange rate above or below the band. When a currency pair trades in a ranging market, market participants have likely found an equilibrium (fair) value that reflects all available fundamental data. Large investors who follow a trading strategy designed to short overvalued currencies and buy undervalued ones won’t participate in such a market, which may, in turn, reduce the liquidity of ranging markets until the currency pair starts trending again.