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PetarJacimovic

GBP/USD - Selling climax and sell trap !!! Sellers careful !!!

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
PetarJacimovic  
FX:GBPUSD   British Pound / U.S. Dollar
5
0
I saw massive selling climax in ultra high volume in the background. This is a sign that smart money exited their short positions. I found the fake breakout of the low, which is a classic manoeuvre by market markets to trap the crowd.

Watch for buying opportunities. TP set at 1.3970.

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