USDCHF Long Trade in Progress....Continued
By the looks of it, the Market Manipulators assured it reached RDH before the London Close, so they could start to put downwards pressure on the price to persuade buyers to TAKE PROFIT before they started to lose it. Of course, these MMs soaked up whatever was given to them. And they kept the downwards pressure on price right on into the London Close, wiping out about 30 pips of profit. No bother to them, however, as they had acquired more and more positions at progressively lower prices. Which leaves the question "Will they pump it substantially during this final New York After Hours session of the week?
There is still a medium impact release coming.......
......a Friday After Hours Short Squeeze?
Well, we cannot know, of course. Please, do your own due diligence.....
By the looks of it, the Market Manipulators assured it reached RDH before the London Close, so they could start to put downwards pressure on the price to persuade buyers to TAKE PROFIT before they started to lose it. Of course, these MMs soaked up whatever was given to them. And they kept the downwards pressure on price right on into the London Close, wiping out about 30 pips of profit. No bother to them, however, as they had acquired more and more positions at progressively lower prices. Which leaves the question "Will they pump it substantially during this final New York After Hours session of the week?
There is still a medium impact release coming.......
......a Friday After Hours Short Squeeze?
Well, we cannot know, of course. Please, do your own due diligence.....
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