EURGBP.... Rare Highs.... One To Watch...."3 MOUNTAIN" BEAR PATTERN
The last high impact release comes tomorrow in the Friday NY Session. It could be the catalyst for the MPMs to "Pump-'n-Dump", back to previous highs to complete a stop hunt on sellers and to take advantage of whatever liquidity the move creates to fill as many remaining institutional sell orders as possible. We cannot ever know. So, please do your own due diligence and trade light relative to account equity (Never bet the farm!).
The last high impact release comes tomorrow in the Friday NY Session. It could be the catalyst for the MPMs to "Pump-'n-Dump", back to previous highs to complete a stop hunt on sellers and to take advantage of whatever liquidity the move creates to fill as many remaining institutional sell orders as possible. We cannot ever know. So, please do your own due diligence and trade light relative to account equity (Never bet the farm!).
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