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dee718

Bullish Pennant with "no supply" at resistance 15 min

Education
British Pound / U.S. Dollar (OANDA:GBPUSD)  
dee718  
OANDA:GBPUSD   British Pound / U.S. Dollar
Pennant Supply and Demand
8
0
pennant supplyanddemand
Training/reference.

Strength in background with diminished supply pressure forming a bullish "pennant" using volume to strengthen case.

Confluence of:
SOS
trending above 50 EMA
NS signal at resistance
NS signal at 14 EMA
NS confirmed by 3rd candle close.

initial target gain of 0.18% at 1st profit taking objective.
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