Banks are accumulating Long positions
GBPUSD has droped again to the bottom of the wedge channel. As I mentioned in my weekly video analysis.
WATCH IT HERE AND FOLLOW ME WEEKLY CFTC UPDATES
The banks has started accumulation longs in the last 3 weeks. And they had extreme shorts positions which they have to close. where they closing shorts on the bottoms always. There we are now. Another thing is that today is Tuesday the day when they will report the positions so they will hold the longs overnight to report big shorts which will confuse many traders. I expect since tomorrow the GBP will be strong,
Please share your views, visit my website and check live results. Links are in the signature.
WATCH IT HERE AND FOLLOW ME WEEKLY CFTC UPDATES
The banks has started accumulation longs in the last 3 weeks. And they had extreme shorts positions which they have to close. where they closing shorts on the bottoms always. There we are now. Another thing is that today is Tuesday the day when they will report the positions so they will hold the longs overnight to report big shorts which will confuse many traders. I expect since tomorrow the GBP will be strong,
Please share your views, visit my website and check live results. Links are in the signature.
Nota
Trade ativo
New Trade 117GPBUSD Buy around 1.24
SL1.23415
TP 1 1.251
TP 2 1.266
Risk max 1-1.5% per trade by adjusting the position size.'
Pips risk distance is around 80 pips.
Nota
GBPUSDLook how was the price maintained on the fake support than on the Frankfurt open price dropped down to the liquidity = stop losses and now its quickly moving up. We will possibly see move up from here after the liquidity reloaded. lets see.
Nota
Now these articles being releasedInvesting dot com UK
Pound Could Plunge to Parity Against Dollar on a No-Deal Brexit
Bloomberg Markets
The pound may fall to parity with the dollar on a no-deal Brexit, according to Morgan Stanley
Why?? because the banks wants you to Sell so they can buy.
Nota
Momentum is growing As explained in my stop hunt educational post after stop hunt momentum is fastest.
Nota
Nice momentum is rising Nota
Take profit 1 reached move SL to BE
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I teach unique trading methods and provide a fully automated trading system. I transform people into independent traders. Join us!!
📢 TELEGRAM: t.me/fxhunterwealth
📢 TELEGRAM: t.me/fxhunterwealth
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.