GBPUSD: Retail traders still at 71 % Net Longs
I share my forecast.
The pair needs to go down after changing the mind of the 71 % net longs retail traders in order it could jump towards 1,2950.
Let's see wich level below resistance and support this will be.
THIS IS NOT AN INVESTMENT ADVICE.
The pair needs to go down after changing the mind of the 71 % net longs retail traders in order it could jump towards 1,2950.
Let's see wich level below resistance and support this will be.
THIS IS NOT AN INVESTMENT ADVICE.
Comment:
As predicted price tested again our resistance and now is trading below our support from where we should see at which price net long retail traders are going to give up.
Comment:
From now on Big Banks are going to hunt stops. They already accumulated and manipulated and now are going to hunt stops. Once they do this and make their money price will spike up. Try to find a good support to go long.