Hope you guys are good new week new opportunities, Here's a look at the POUND / DOLLAR from the DAILY chart.
* The pair has been trading in a ascending channel respecting structure to some extend, the pair saw a rejection at the roof of structure pushed down with the bears now trading in a correction of this move. * Looking for continuation with the bears as price corrects will be looking for any form of continuation patterns. * Looking also for a ''W'' formation before we see continuation with the bears.
* follow your entry rules on entries * significant moves with the bulls change the plan. * TIGHT SL
lets see how it goes. AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.