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joshsemo
Oct 28, 2020 3:26 PM

Gbpchf institutional sell coming. Short

British Pound/Swiss FrancFXCM

Description

Last Bullish candle (made by banks) grabbed liquidity (stop hunt)from the key area of resistance. ✅
Followed by an impulsive sell move(also made by banks) which trapped buyers induced bt the last bullish candle.✅

Break of market structure (most recent previous low)✅
Sell limit should be places at the bottom of either the open of the last bullish candle on the 1H TF of the close of the first bearish after the last bullish on the 1H TF as well
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