Signaturetrade
WEEKLY REVERSAL WEDNESDAY IN SALES
We observe a monthly macro downtrend that we believe may continue to hold. At the beginning of the week, the institution creates an accumulation, followed by a manipulation in the price, breaking that accumulation and making the masses think that the price will continue to drop. However, it is actually a buy to generate more liquidity and achieve a better price for the macro sell that the price has been respecting.
GBPCHF, Short OpportunityGood afternoon gents,
Price has created a high probability Bearish Structure to sell off from. Looking to target the Day's Low, but I've got targets that extend beyond that point....
Let's see how it pans out. It's Monday & it's US Bank Holiday after all, I'd imagine a slower market.
Nonetheless, it's pristine.
GBPUSD Possible Signature Short TradePrice is now in a consolidation box after forming a wedge likely looking to trap traders.Price will likely break out of the wedge to the upside to trap bullish traders then drop.I will be looking for an entry at 1.31802 with a tight stoploss aiming for 1.31046 as my take profit