Longing XAGUSD (silver to target). Institutional Analysis Macros also analysed.
Analysis very simplified due to strategy being hidden. We could see 1.45 being hit, a dump after that.
Looking to short GCHF around the buy to sell candle where we saw banks manipulating the market.
We can see a wyckoff formation being perfected, after it's last leg to the downside we should see it move up.
INSTITUTIONS: DAILY 200MA IS ABOVE PRICE, SELL AT SUPPLY.
Dear Traders/Analysts, Here we have our longer term outlook on GBPUSD looking at the monthly timeframe.
Macro fundamentals playing a big part in the downside to the Euro.
Entered trade due to a strong confluence of the IC candle which needs retesting and the 1835.00 zone was broken to the downside with strong bearish momentum with no retest.