Expecting this pair to rise from this level to the recent double top.
The last high was on the back of brexit news since market has traded the wrong way to positive news.
Fairly simple retracement back to the top with a 3 to 1 risk/reward.
It may actually fall if it hits this top depending on US news and brexit deal impact settling in but all in all long term bullish so this trade doesn't look to fail..
The last high was on the back of brexit news since market has traded the wrong way to positive news.
Fairly simple retracement back to the top with a 3 to 1 risk/reward.
It may actually fall if it hits this top depending on US news and brexit deal impact settling in but all in all long term bullish so this trade doesn't look to fail..
Trade closed: target reached