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GBPUSD - Largest Down Wave, target reached 80pips, this is why!

GBPUSD - Entered Short after yesterday's alert to my VIPs.


The Story:

  1. Highest Down Wave since Dec 20th. Furthermore, we had bad news for USD on Friday but price did not react against it, which means market makers were positioned in the opposite direction.

  2. Price was not able to reach Fib+Turncoat and found resistance on 50-EMA line.

  3. Finally that 9.8 High SI was a HTMU wave (Hard to Move Up Wave)

PS. Order visible on chart.


 
 
 

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