EURGBP in accumulation Phase, getting ready for a swing upward

vor 5 Tagen

The big players are now in accumulation phase, where they are picking up the liquidity at the bottom of the range (as drawn above). We will be accumulating the positions along with them during this time, getting in at the bottom.

This phase is expected to last for another half day to a full day. Then, we ride the pair to our profit target, and thank our driver, as we are a hitch hiker on their big move.

vor 5 Tagen

Trade ist aktiv

hang tight. We are not yet even into the movement phase yet. We are still in accumulation phase, lasting another 8 to 16 hours. Then, we move.

vor 5 Tagen

Anmerkung

Yep. The big money is definitely working in their positions. Look at the way they are waiting to pick any liquidity nearing the bottom. Institution traders are so predictable sometimes.

vor 5 Tagen

Anmerkung

We are actually in the movement phase now. Once it hits your target, close the trade and we are done with this one.