GU poised upward! Long

British Pound/U.S. DollarFXCM

Description

⋅ Jul 12, 2022 3:41 PM

We gat this on GU at the moment. I look forward to seeing this pennant broken upward not downward.
Once we break the dreadlock of the pennant, we will see much more LONG shots.

Comments

odellforextrading

⋅ Jul 12, 2022 6:28 PM

So you're looking at long, upwards breaking past the pennant at 1.20245-ish PP? Towards R1?

Kadjas

⋅ Jul 12, 2022 8:14 PM

Yes. But it's safer to wait for the break of the pennant before joining the long move