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itaskar
Feb 21, 2014 1:36 AM

triangle break and rebound Long

British Pound/U.S. DollarFXCM

Description

1st target pennant pole hight,2009 top
update: second target is pennant pole hight
Comments
ForceFollower
OK. I've notice that 1.66 has held. I expect it go to 1.6713 then. But I don't expect more than that.
itaskar
your target reached, now i expect down to 0.5 retrace
ForceFollower
Your new short targets are fine. Now I'd just draw a bull trend line and keep an eye on it.
ForceFollower
Min. high probab. target: 1.6702. Higher? Possible, but more risk factors.
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