An excellent opportunity offered by Cable. Sterling continues to be trading within a Daily trangle since the Brexit move. Previous Gartley ended profitably for this pair, hopefully this is another nice one :)
PRZ is a nice area, with trendline support.
H1 RSI oversold and retraced.
Price reaction confirmed.
Enter long market Monday morning.
Stops to breakeven.
Trade closed: stop reached:
Stopped out for breakeven.
A possible Type II opportunity coming up.
Waiting for RSI to go oversold at least on H1.