I can tell you from my experience ...
And I can tell you from experience that whatever you
think you know about some canonical market is absolutely inapplicable here.
That is nonsense , of course each market is different, but the principle of mean reversion always applies, especially to currencies.
It's a random walk with some biases that persist which can be used to predict the x+1 datapoint if you were a HFT trader, or even go into the orderbook and play with the tick data. There are plenty of quant tools available to play with that.
In my opinion the bull market is over. And it makes sense fundamentally too. This Chinese ban thing is getting hot and it will have big ramifications in the near future.
Umm hmm... and
long? And how much of that decision process was 'x+1 datapoint' and or 'tick data'? What do your 'quant tools' tell you about AMP?