TradingView
HudaAli
Dec 25, 2017 12:22 PM

Daily Resistance + Broken bullish Pennant pattern 1h Short

British Pound/Japanese YenFXCM

Description

My setup is illustrated on the 1h chart. Notice, the pair broke a pennant pattern with a considerable volume. The first target is the length of the pennant pole which happens to be the nearest support level . The second target can be the weekly support at 148.000

Good luck, :)
More