Buy to sell, right? This is going down on every technical indicator. Nice, you're betting in favour of hedge funds generating liquidity by hunting stops above that swing-high and then short selling the heck out of that market, makes sense. I agree with your idea ;)
Kingkp
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@acsedward there are lot of sell confluence. By the looks of things the big boys are going to trap buyers and take out sellers before sending it down 100-200 pips. If you look in the past the market had big reactions at this exact level with a lot of manipulation moves
acsedward
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@Kingkp, Yep, and that's exactly what happened. The big boys did their thing once again...
changeAlb
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@acsedward, after reaching that target, I believe it’s going to go for short or is going to buy more further.
acsedward
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@changeAlb, Yep, and your idea was right, it did happen. You anticipated it correctly mate. I think it's either going down strongly or it's gonna go further up to do the 'unthinkable' by the market, as the big guys usually do what hurts the most people.
changeAlb
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@Kingkp can be and manipulation trade. Careful guys😉
acsedward
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@changeAlb, You were right all along, this was heavy manipulation, likely to both buyers and sellers. Let's see what happens next.
ahamedgpk
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One of the most awaiting pair in last few weeks. always for short position in technical indicators and price action still it goes up and up
changeAlb
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@ahamedgpk for real market is getting manipulated that’s why.