The GBPUSD pair appears to be undergoing a significant shift, marked by distinct phases that reflect both technical and market sentiment dynamics. Initially, a preliminary support level at 1.28240 suggests a foundational point where buying interest had been prominent. However, recent movements indicate a reversal in this sentiment, with indications that large operators are now divesting from their long positions and accumulating shorts. This shift is underscored by the emergence of a bearish inducement at 1.25100, prompting a widespread sell-off among market participants, particularly evident on faster timeframes where bearish signals dominate. Subsequently, an upthrust after accumulation at 1.29000 signals a deceptive upward movement, commonly referred to as a "rug pull" or stop hunt, characteristic of manipulation tactics employed by major players. Despite this apparent volatility, larger operators are strategically filling sell limits, reinforcing a downtrend trajectory. This descent is further emphasized by the concept of "falling through the ice," as per Wyckoff's methodology, denoting a bearish breakout below crucial support levels. With the current price hovering at 1.24492, the next critical juncture lies around the 1.2000 mark, reflecting a continuation of the downward momentum
discord.gg/a7sfTVkgxc I’m part of a free Discord group where we help each other navigate the market and overcome trading challenges. It’s a friendly, supportive community, with members from around the globe.
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
discord.gg/a7sfTVkgxc I’m part of a free Discord group where we help each other navigate the market and overcome trading challenges. It’s a friendly, supportive community, with members from around the globe.
يعمل أيضًا:
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.