yes!!!
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Dislikedis just a trap to take out buyers and then seller or is it the real drop?Ignored
Disliked{quote} It's always a trap, but this one will end with a dive to 1.40 todayIgnored
Disliked{quote} Yep. Just sell the cr@p out of it... the drop has just started IMOIgnored
Dislikeda different view. first goes down to take out the buyers, then up to take down the sellers, 3 the big move is at the liquidity area above the wick were sell limits accumulate for a further drop. i dont trade based on these, i used too, now i only use structure and mean reversion aong with market sentiment ( i try to trade against the sentiment) {image}Ignored
Dislikedis just a trap to take out buyers and then seller or is it the real drop?Ignored
DislikedGBP interest rates are higher than the FED, that is, the pound is stronger than the dollar, the pound sterling at the level of June futures contracts indicates that we will not have any macroeconomic change that the price may fall, On the contrary, it is indicating that it can go up to 1.42415 or 1.43585, the open interest data indicates that the price can continue to rise in a macroeconomic context. {image} {image} {image}Ignored
Disliked{quote} The truth is, we dunno. Take your profits and wait for the volatility to play out a bit. Nearly 1pc inflation m/m is a crazy print, Surely the dollar will rebase higher on this? H1 supply neatly holding back the rocket for now. https://www.tradingview.com/x/HFZxLVxm/Ignored