A symmetrical wedge CS pattern is observed. Opt to go long ahead of UK election and before next FOMC.
Entry point: 1.288
Exit point: 1.304
Stop loss: 1.285
Watch level 1.285 if price breaks downwards.
If price breaks downwards, it may look for 1.278
Entry point: 1.288
Exit point: 1.304
Stop loss: 1.285
Watch level 1.285 if price breaks downwards.
If price breaks downwards, it may look for 1.278
Trade active:
Upper wedge limit breached, running trade at 1.291
Order cancelled:
Setup cancelled and changed to sell. The poll gap between Troy and Labour is too close for comfort. Looking for 1.2650 level.
Looks like PM May get lesser majority or even a hung parliament.
Looks like PM May get lesser majority or even a hung parliament.
My sincere condolences to the victims and their families. Don't let them get to you. Stand united and rise!