TradingView
Smurfville
Oct 11, 2019 5:03 AM

Educational charting analysis  Education

GBP/USDOANDA

Description

3 touches is strong confirmation for a trade position. Looking at this text book example shows how easy it can be to identify what direction the market is going.
Comments
grayhound
What if the news of the Johnson Varadkar meeting had been negative, this wouldn’t have happened?
Smurfville
@grayhound, yes my friend you are correct. This chart was previously setting up for good new. If there was bad news the chart would have had more bearish setup.
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