hey guys,
on pound dollar we had a very strong bullish momentum up until 1.33 level,
and just recently we have seen a pullback to a previous level of support
forming a nice bullish flag pattern.
now we see an attempt of the market to violate this falling channel,
and I believe that many traders have already bought this pair,
however, I suggest you slow down and wait until we see a bullish violation of a local resistance level on 1 h chart.
focus on 1.318 level and buy its bullish violation!
your initial target will be the market high
the second target 1.345 level and based on structure.
good luck!
Comment:
retest of support
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel www.youtube.com/c/VasilyTrader
💰Instagram: www.instagram.com/VasilyTrader/ 💰
✅Facebook: www.facebook.com/VasilyTrading/ ✅
❗️YouTube Channel www.youtube.com/c/VasilyTrader
💰Instagram: www.instagram.com/VasilyTrader/ 💰
✅Facebook: www.facebook.com/VasilyTrading/ ✅