Beast being Bund. I seem to see more but smaller overshoots, as if additional paper is dampening intraday moves. Has anyone else noticed it changing in recent weeks?
Let's say we're in an uptrend intrday, making higher highs and higher lows. One "move" then is the difference between a low and the higher high that follows it. The "overshoot" would be the difference between two consecutive highs. Reverse in a downtrend.